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BCX
BCX
Business Connexion Group Limited - Dealing in securities
Business Connexion Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1988/005282/06)
Share code: BCX
ISIN code: ZAE000054631
Dealing in securities by a director of a major subsidiary
In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:
Director: Mr. M W Schoeman
Company: Business Connexion (Proprietary)
Limited
Nature of transactions: Exercise of share options and
subsequent sale
Date of transaction: 22 November 2006
Number of share options exercised: 25 000
Strike price: R9,44 per share option
Total value of exercise: R236 000.00
Note regarding option strike The option strike price of R9,44 for
price: the transaction above has been
reduced by R6,50 as a result of
special dividends paid due to the
restructuring of the group in 2004
resulting in a strike price of R2,94
per share
Number of shares sold: 25 000
Sale price: R7,35 per ordinary share
Total value of sale: R183 750.00
Date of transaction: 23 November 2006
Number of share options exercised: 75 000
Strike price: R9,44 per share option
Total value of exercise: R708 000.00
Note regarding option strike The option strike price of R9,44 for
price: the transaction above has been
reduced by R6,50 as a result of
special dividends paid due to the
restructuring of the group in 2004
resulting in a strike price of R2,94
per share
Number of shares sold: 75 000
Sale price: R7,3833 per ordinary share
Total value of sale: R553 747.50
Nature of interest: Direct beneficial
Clearance obtained: Yes
Midrand
24 November 2006
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 24/11/2006 04:41:08 PM Produced by the JSE SENS Department
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