Keh - Keaton Energy Holdings Limited - Sale Of Shares By Moneybox Investments Release Date: 01/04/2011 15:00:02 Code(s): KEH
KEH - Keaton Energy Holdings Limited - Sale of shares by Moneybox Investments
156 (Proprietary) Limited
Keaton Energy Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 2006/011090/06)
JSE share code: KEH ISIN: ZAE000117420
("Keaton Energy" or "the Company")
SALE OF SHARES BY MONEYBOX INVESTMENTS 156 (PROPRIETARY) LIMITED
Moneybox Investments 156 (Proprietary) Limited ("Moneybox") has sold 101 317
Keaton Energy shares on the open market, as follows:
On Wednesday, 30 March 2011:
- 28 000 shares at R3.11 per share; and
- 22 000 shares at R3.10 per share.
On Thursday, 31 March 2011:
- 28 150 shares at R3.15 per share;
- 23 167 shares at R3.20,
for a total consideration of R318 086.
Dr Robert Gumbi and Mr Mike Magagulu are non-executive directors of Labohlano
Trading 46 (Proprietary) Limited ("Labohlano"), a 74% held subsidiary of Keaton
Energy and are indirectly beneficially interested in Moneybox, which is a 26%
shareholder in Labohlano.
As a consequence, Labohlano remains fully compliant with the historically
disadvantaged person ("HDP") ownership requirements of the South African Mineral
and Petroleum Resources Development Act, No 28 of 2002, as amended ("MPRDA") and
the Broad Based Socio-Economic Empowerment Charter for the South African mining
industry, as contemplated in Section 100(2) of the MPRDA.
This announcement is made in compliance with Section 3.63 of the JSE Listings
Requirements. Clearance to deal was received in terms of Section 3.66 of the
JSE Listings Requirements.
1 April 2011
Date: 01/04/2011 15:00:02 Supplied by www.sharenet.co.za
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