|
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: ZAE000068649
Share Codes -
JSE: ECO
NSX: ECN
DEALING IN SECURITIES BY A DIRECTOR
In compliance with paragraph 3.63 of the Listings Requirements of JSE Limited
("the Listings Requirements") we hereby advise that for financial planning
purposes Mr S R Binnie, Executive Director of Edcon, has purchased and sold 110
220 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 : 19 September 2006
Class of Shares : Ordinary shares of 1 cent each
Number of Shares : 44 680
Nature of interest : Directly beneficial
Option Strike Price : 580 cents per share
Option Strike Date : 21 May 2003
Vesting Periods : One-third after two years from the option strike
date, a further one-third after three years from
the option strike date, and the balance after four
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 : 19 September 2006
Class of Shares : Ordinary shares of 1 cent each
Number of Shares : 65 540
Nature of interest : Directly beneficial
Option Strike Price : 1385 cents per share
Option Strike Date : 13 May 2004
Vesting Periods : One-third after two years from the option strike
date, a further one-third after three years from
the option strike date, and the balance after four
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 : Sale on the open market
Transaction Date : 19 September 2006
Class of Shares : Ordinary shares of 1 cent each
Number of Shares : 110 220
Price per Share : 2769 cents
Nature of interest : Directly beneficial
In terms of paragraph 3.66 of the Listings Requirements prior clearance for Mr
Binnie to deal in the above securities has been obtained from Mr W S MacFarlane,
non-executive Chairman of Edcon.
Johannesburg
20 September 2006
Sponsor:
Merrill Lynch South Africa (Pty) Ltd
Namibian Sponsor:
Irwin Jacobs Greene (Pty) Limited
Date: 20/09/2006 01:23:06 PM 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 ] | |||||||||||||
|
|||||||||||||
