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SBG
SBG
Simeka BSG Limited - Directors Dealings In Securities
Simeka BSG Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2003/012583/06)
(formerly Xantium Technology Holdings Limited)
Share code: SBG ISIN code: ZAE000074878
("Simeka" or "the company")
DIRECTORS DEALINGS IN SECURITIES
In compliance with section 3.63 to 3.65 of the Listings Requirements of the JSE
Limited, the following information is disclosed:
Name of director: Mohammed Suliman
Varachia
Date of transaction: 22 May 2006
Number of securities: 4,500,000
Price per security: 50 cents
Total value: R2,250,000.00
Class of securities: Ordinary shares
Nature of transaction: Purchase
Nature and extent of director"s interest: Indirect beneficial
Name of director: Tozamile Botha
Date of transaction: 22 May 2006
Number of securities: 4,500,000
Price per security: 50 cents
Total value: R2,250,000.00
Class of securities: Ordinary shares
Nature of transaction: Sale
Nature and extent of director"s interest: Direct beneficial
T Botha has sold the above securities to an investment vehicle beneficially
owned by M S Varachia.
Clearance to deal was received in terms of paragraph 3.66 of the JSE Listings
Requirements.
Rosebank
23 May 2006
Designated advisor to Simeka BSG Limited
Java Capital (Proprietary) Limited
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 the 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.
Date: 23/05/2006 08:09:08 AM Produced by the JSE SENS Department
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