SAL
SAL
Sallies Limited - Directors dealing in securities
SALLIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1903/001879/06)
JSE share code: SAL
ISIN: ZAE000022588
("Sallies" or "the Company")
DIRECTORS DEALING IN SECURITIES
In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the
JSE Limited, the following information is disclosed:
Director/s of Sallies: PH Flack / LB Robertson / AD Moffat
Date of transaction: 27 June 2006
Class of security: Ordinary shares of 0.1 cent each
Nature of transaction: Sale
Number of shares: 14 500 000
Price: 67 cents per share
Total value: R9 715 000
Clearance to deal: Yes
Director/s of Sallies: PH Flack / LB Robertson / AD Moffat
Date of transaction: 28 June 2006
Class of security: Options over ordinary shares of 0.1 cent each
Nature of transaction: Sale
Number of options: 22 000 000
Price: 24 cents per option for 3 718 500 options (strike
price of 22 cents each) and zero cents per option
for 18 281 500 options (strike price of 46 cents
each)
Total value: R892 440
Clearance to deal: Yes
The above shares and options were held by FRM Strategies (Pty) Limited which is
directly or indirectly beneficially owned by the above three directors in equal
proportions.
The options were sold to Titan Financial Services (Pty) Ltd in terms of an
agreement dated 15 March 2006, details of which were announced on SENS on 16
March 2006. 10 721 769 of the options with a strike price of 46 cents expire on
15 August 2006 and the remaining 11 278 231 options expire on 8 February 2008.
Sandton
29 June 2006
Sponsor
Ernst & Young Sponsors (Pty) Ltd
Incorporated in the Republic of South Africa
(Registration number 2000/031843/07)
Date: 29/06/2006 10:15:17 AM Produced by the JSE SENS Department
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