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OneLogix - Directors Dealings In Securities
Onelogix Group Limited
(Registration number 1998/004519/06)
Share code: OLG
ISIN: ZAE000026399
("OneLogix" or "the Company")
DIRECTORS DEALINGS IN SECURITIES
In compliance with section 3.63 to 3.65 of the Listings Requirements of the JSE
Limited ("JSE"), the following information is disclosed:
Name of director: Neville John Bester
Date of transaction: 14 November 2005
Number of securities: 1 000 000
Price per security: 40 cents per share
Total value: R400 000.00
Class of securities: Ordinary shares
Nature of transaction: Purchase from McCulloch
Nature and extent of Direct beneficial
director"s interest:
Name of director: Cameron Vincent McCulloch
Date of transaction: 14 November 2005
Number of securities: 1 000 000
Price per security: 40 cents per share
Total value: R400 000.00
Class of securities: Ordinary shares
Nature of transaction: Sale to Bester
Nature and extent of Direct beneficial
director"s interest:
The proceeds from the sale of shares from McCulloch to Bester were used by
McCulloch to settle debt incurred to participate in the rights issue in 2003.
Name of director: Neville John Bester
Date of transaction: 14 November 2005
Number of securities: 6 000 000
Price per security: 40 cents per share
Total value: R2 400 000.00
Class of securities: Ordinary shares
Nature of transaction: Sales to employees including Holl and Milton
Nature and extent of Direct beneficial
director"s interest:
Name of director: Dirk Hendrik Holl, a director of a wholly owned
subsidiary
Date of transaction: 14 November 2005
Number of securities: 2 500 000
Price per security: 40 cents per share
Total value: R1 000 000.00
Class of securities: Ordinary shares
Nature of transaction: Purchase from Bester
Nature and extent of Indirect beneficial
director"s interest:
Name of director: Geoffrey Ian Milton, a director of a wholly
owned subsidiary
Date of transaction: 14 November 2005
Number of securities: 2 500 000
Price per security: 40 cents per share
Total value: R1 000 000.00
Class of securities: Ordinary shares
Nature of transaction: Purchase from Bester
Nature and extent of Indirect beneficial
director"s interest:
Holl and Milton have recently been appointed to the board of OneLogix
(Proprietary) Limited, a wholly owned subsidiary of OneLogix Group Limited.
The sale of shares from Bester to Holl and Milton is intended to provide the
purchasers, as key executives, with an increased equity participation in the
company.
Clearance to deal was received in terms of paragraph 3.66 of the JSE Listings
Requirements.
Warning: The listing of the ordinary shares in the company is on the ALTX.
Shareholders are advised of the risks of investing in a company listed on the
ALTX. Shareholders are advised that the JSE does not guarantee the viability or
the success of a company listed on the ALTX. In terms of the JSE Listings
Requirements a designated advisor has to be retained by the company. The
designated advisor is required to, inter alia, attend all board meetings held by
the company to ensure that all JSE Listings Requirements and applicable
regulations are complied with, approve the financial director of the company and
guide the company in a competent, professional and impartial manner. If the
company fails to retain a designated advisor it must make arrangements to
appoint a new designated advisor within 10 business days, failing which the
company faces suspension of trading of its securities. If a designated advisor
is not appointed within 30 days of its suspension the company faces the
termination of its listing without an offer to minority shareholders.
Rosebank
15 November 2005
Sponsor
Java Capital (Proprietary) Limited
Date: 15/11/2005 04:39:06 PM Produced by the JSE SENS Department
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