Spectrum - Dealing In Securities by Company Secret
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SUM
Spectrum - Dealing In Securities by Company Secretary
Spectrum Shipping Limited
(Incorporated in the Republic of South Africa)
(Registration No: 1998/018118/06)
Share code: SUM ISIN: ZAE000037446
("Spectrum" or "the company")
In accordance with the requirements of paragraph 3.63 of the Listings
Requirements of the JSE Limited, the following should be noted:
Company Secretary: Jenny Lupton
Date of transaction: 06 September 2006
Price: 13 cents per share
Number of shares: 100 000
Total consideration: R13 000
Class of security: Ordinary shares
Nature of transaction: Purchase
Extent of interest: Direct and beneficial
Clearance to deal received in terms of paragraph 3.66 of the Listings
Requirements of the JSE Limited: Obtained.
Pretoria
06 September 2006
Designated Advisor
River Group
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.
Date: 06/10/2006 04:49:38 PM Produced by the JSE SENS Department
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