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DTP
DTP
Datapro - Dealings in Securities - Conversion into Derivative Instruments
DATAPRO GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/016433/06)
("DataPro" or "the company")
JSE Code: DTP ISIN Code: ZAE000058061
DEALINGS IN SECURITIES BY A DIRECTOR - CONVERSION INTO DERIVATIVE INSTRUMENTS
In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the
JSE Limited ("JSE"), the following information is disclosed:
Name of director: GP Sweidan
Date of transaction 20 June 2006
Number of shares: 1 500 000
Class of securities: Ordinary shares
Nature of transaction: Sale of shares
Price per share 54 cents
Nature of director"s interest Direct
Extent of percentage decrease in 0.41%
director"s interest:
Value of transaction R810 000
Name of director: GP Sweidan
Date of transaction 20 June 2006
Number of contracts: 15 000 contracts
representing 1 500
000 shares
Class of securities: Derivative of
ordinary share
Nature of transaction: Purchase
Contract price per future R54.00
Nature of director"s interest Direct
Extent of percentage increase in 0.41%
director"s interest:
Value of transaction R810 000
Rationale for the transaction
In line with the director"s positive view on the outlook of the company, the
director has entered into the above transaction, which will provide him with
additional funds and position him to purchase additional shares in DataPro in
the future. In terms of the agreement entered into, all rights, voting and
other, remain identical to those of the ordinary shares.
Clearance to deal was obtained in accordance with paragraph 3.66 of the Listings
Requirements of the JSE.
In accordance with AltX Listings Requirements, shareholders are advised of the
risks of investing in a company listed on AltX and are advised that the JSE does
not guarantee the viability or the success of a company listed on AltX. In
terms of JSE Listings Requirements a Designated Adviser has to be retained by
the company. The Designated Adviser 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 Adviser it must make
arrangements to appoint a new Designated Adviser within 10 business days,
failing which the company faces suspension of trading of its securities. If a
Designated Adviser is not appointed within 30 days of its suspension the company
faces the termination of its listing without an offer to minorities.
Johannesburg
21 June 2006
Designated Advisor
Arcay Corporate Services
Date: 22/06/2006 03:28:07 PM Produced by the JSE SENS Department
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