Business Connexion Group Limited - Dealing in secu
BCX
BCX
Business Connexion Group Limited - Dealing in securities by a director
Business Connexion Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1988/005282/06)
Share code: BCX
ISIN code: ZAE000054631
DEALING IN SECURITIES BY A DIRECTOR
In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:
Director: Mr Alan Farthing
Company: Business Connexion Group Limited
Date of transactions: 28 April 2006
Nature of transactions: Exercise of share options and subsequent
sale
Number of share options exercised: 56 667
Strike price: R1,51 per share option
Total value of exercise: R85 567,17
Number of shares sold: 50 000 @ R8,60 per share
6 667 @ R8,75 per share
Total value of sale: R488 336.25
Nature of interest: Direct beneficial
Clearance obtained: Yes
Mr Farthing had placed a sale order for 150 000 shares with his broker since 5
April 2006. The minimum sale price of the order was reached late Friday
afternoon after the cautionary announcement had been issued; consequently 56 667
shares were sold. Mr Farthing was out of town and was not party to the decision
to issue the cautionary announcement on SENS. Mr Farthing was not contactable
due to the lack of cell-phone and/or land line coverage. He has subsequently
withdrawn the balance of his sale order due to the cautionary being released.
Midrand
3 May 2006
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 03/05/2006 08:00:02 AM Produced by the JSE SENS Department
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