|
ECO
ECO
Edgars Consolidated Stores Limited - Dealing in securities by a director
EDGARS CONSOLIDATED STORES LIMITED
"Edcon"
(Reg. No. 1946/022751/06)
(Incorporated in the Republic of South Africa)
ISIN Code: ZAE000068649
Share Codes
JSE: ECO
NSX: ECN
DEALING IN SECURITIES BY A DIRECTOR
In compliance with section 3.63 of the Listings Requirements of JSE Limited
("the Listings Requirements") we hereby advise that for financial planning
purposes Mr J L Spotts, Executive Director of Edcon, has purchased 483 050 and
sold 107 477 Edcon shares over which options had been issued to him. The
details of these transactions are as follows:
A.Nature of Transaction : Purchase pursuant to the exercise of options
Transaction Date : 8 June 2006
Class of Shares : Ordinary shares of 1 cent each
Number of Shares : 150 000
Price per share : 240 cents
Nature of interest : Directly beneficial
Option Strike Price : 240 cents per share
Option Strike Date : 14 February 2002
Vesting Periods : 30% after three years from the option strike date, a
further 30% after four years from the option strike date, and the balance after
five years from the option strike date, provided all options are purchased by no
later than 10 years after the option strike date.
B.Nature of Transaction : Purchase pursuant to the exercise of options
Transaction Date : 8 June 2006
Class of Shares : Ordinary shares of 1 cent each
Number of Shares : 49 560
Price per share : 310 cents
Nature of interest : Directly beneficial
Option Strike Price : 310 cents per share
Option Strike Date : 20 May 2002
Vesting Periods : 30% after three years from the option strike date, a
further 30% after four years from the option strike date, and the balance after
five years from the option strike date, provided all options are purchased by no
later than 10 years after the option strike date.
C.Nature of Transaction : Purchase pursuant to the exercise of options
Transaction Date : 8 June 2006
Class of Shares : Ordinary shares of 1 cent each
Number of Shares : 151 020
Price per share : 580 cents
Nature of interest : Directly beneficial
Option Strike Price : 580 cents per share
Option Strike Date : 21 May 2003
Vesting Periods : One-third two years after the option strike date, a
further one-third three years after the option strike date and the balance four
years after the option strike date, provided all options are purchased by no
later than 10 years after the option strike date.
D.Nature of Transaction : Purchase pursuant to the exercise of options
Transaction Date : 8 June 2006
Class of Shares : Ordinary shares of 1 cent each
Number of Shares : 132 470
Price per share : 1385 cents
Nature of interest : Directly beneficial
Option Strike Price : 1385 cents per share
Option Strike Date : 13 May 2004
Vesting Periods : One-third two years after the option strike date, a
further one-third three years after the option strike date and the balance four
years after the option strike date, provided all options are purchased by no
later than 10 years after the option strike date.
E.Nature of Transaction :Sale on the open market
Transaction Date : 8 June 2006
Class of Shares : Ordinary shares of 1 cent each
Number of Shares : 107 477
Average Price per
Share : 3080 cents
Nature of interest : Directly beneficial
In terms of section 3.66 of the Listings Requirements prior clearance for Mr
Spotts to deal in the above securities has been obtained from Mr W S MacFarlane,
non-executive Chairman of the Board of Directors of Edcon.
Johannesburg
12 June 2006
Sponsor:
Merrill Lynch South Africa (Pty) Ltd
Namibian Sponsor:
Irwin Jacobs Greene (Pty) Limited
Date: 12/06/2006 10:23:04 AM Produced by the JSE SENS Department
| Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
