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 46 000
Keaton Energy shares on the open market at R2.56 per share on Thursday, 29
September 2011, for a total consideration of R117 760.
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
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.
04 October 2011
Date: 04/10/2011 14:15:01 Supplied by www.sharenet.co.za
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