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NICTUS BEPERK - Dealing in securities by directors

Release Date: 28/03/2013 17:15
Code(s): NCS     PDF:  
Wrap Text
Dealing in securities by directors

 Nictus Limited
 Incorporated in the Republic of South Africa
 Registration number: 1981/001858/06
 JSE share code: NCS
 NSX share code: NCT
 ISIN code: NA0009123481
 (“Nictus” or “the Company”)



                                 Dealing in securities by directors



In compliance with sections 3.63 – 3.74 of the Listings Requirements of the JSE Limited, the
following information is disclosed:


Director                              :     FR van Staden
Company                               :     Nictus Limited
Nature of transaction                 :     Ultra Investments (Proprietary) Limited, an entity which
                                            holds 12.76% of the issued shares in Nictus Limited
                                            (“Ultra Investments”) and in which Mr van Staden has
                                            an effective 10.54% interest, has settled Mr van
                                            Staden’s loan account, valued at R490 732.92, by
                                            transferring 585 662 Nictus Limited shares to Mr van
                                            Staden personally
Class of security                     :     Ordinary shares
Date of transaction                   :     27 March 2013
Number of shares                      :     585 662
Selling price                         :     In reaching agreement on the settlement of the loan
                                            account for which these shares were pledged as
                                            security during 2009, regard was given to the number of
                                            distributable Nictus Limited shares which Ultra
                                            Investments had available and not necessarily the loan
                                            amount versus the quoted share price on the JSE;
                                            accordingly the selling price is reflected as R0.84.
Total value of transaction            :     R490 732.92
Nature of interest                    :     Direct beneficial
Type of transaction                   :     Off market
Clearance received                    :     Yes


Director                              :     FR van Staden
Company                               :     Nictus Limited
Nature of transaction                 :     Ultra Investments, an entity in which Mr van Staden has
                                            an effective 10.54% interest has declared a dividend in
                                            specie comprising of a distribution of Nictus Limited
                                            shares. Accordingly Mr van Staden will personally
                                            receive 44 591 Nictus Limited shares
Class of security                     :     Ordinary shares
Date of transaction                   :     27 March 2013
Number of shares                      :     44 591
Selling price                         :     R1.20
Total value of transaction            :     R53 508.84
Nature of interest                    :     Direct beneficial
Type of transaction                   :     Off market
Clearance received                    :     Yes

Director                              :   JJ Retief
Company                               :   Nictus Limited
Nature of transaction                 :   Ultra Investments, an entity in which Mr Retief has an
                                          effective 10.54% interest, has settled Mr Retief’s loan
                                          account, valued at R490 732.92, by transferring
                                          585 662 Nictus Limited shares to Mr Retief personally
Class of security                     :   Ordinary shares
Date of transaction                   :   27 March 2013
Number of shares                      :   585 662
Selling price                         :   In reaching agreement on the settlement of the loan
                                          account for which these shares were pledged as
                                          security during 2009, regard was given to the number of
                                          distributable Nictus Limited shares which Ultra
                                          Investments had available and not necessarily the loan
                                          amount versus the quoted share price on the JSE;
                                          accordingly the selling price is reflected as R0.84.
Total value of transaction            :   R490 732.92
Nature of interest                    :   Direct beneficial
Type of transaction                   :   Off market
Clearance received                    :   Yes


Director                              :   JJ Retief
Company                               :   Nictus Limited
Nature of transaction                 :   Ultra Investments, an entity in which Mr Retief has an
                                          effective 10.54% interest, has declared a dividend in
                                          specie comprising of a distribution of Nictus Limited
                                          shares. Accordingly Mr Retief will personally receive
                                          44 591 Nictus Limited shares
Class of security                     :   Ordinary shares
Date of transaction                   :   27 March 2013
Number of shares                      :   44 591
Selling price                         :   R1.20
Total value of transaction            :   R53 508.84
Nature of interest                    :   Direct beneficial
Type of transaction                   :   Off market
Clearance received                    :   Yes


Director                              :   G Swart
Company                               :   Corporate Guarantee of South Africa Limited, a 100%
                                          subsidiary of Nictus Limited
Nature of transaction                 :   Ultra Investments, an entity in which Mr Swart has an
                                          effective 10.54% interest, has settled Mr Swart’s loan
                                          account, valued at R490 732.92, by transferring
                                          585 662 Nictus Limited shares to Mr Swart personally
Class of security                     :   Ordinary shares
Date of transaction                   :   27 March 2013
Number of shares                      :   585 662
Selling price                         :   In reaching agreement on the settlement of the loan
                                          account for which these shares were pledged as
                                          security during 2009, regard was given to the number of
                                          distributable Nictus Limited shares which Ultra
                                          Investments had available and not necessarily the loan
                                          amount versus the quoted share price on the JSE;
                                          accordingly the selling price is reflected as R0.84.
Total value of transaction            :   R490 732.92
Nature of interest                    :   Direct beneficial
Type of transaction                   :   Off market
Clearance received                    :   Yes

Director                              :   G Swart
Company                               :   Corporate Guarantee of South Africa Limited, a 100%
                                          subsidiary of Nictus Limited
Nature of transaction                 :   Ultra Investments, an entity in which Mr Swart has an
                                          effective 10.54% interest, has declared a dividend in
                                          specie comprising of a distribution of Nictus Limited
                                          shares. Accordingly Mr Swart will personally receive
                                          44 591 Nictus Limited shares
Class of security                     :   Ordinary shares
Date of transaction                   :   27 March 2013
Number of shares                      :   44 591
Selling price                         :   R1.20
Total value of transaction            :   R53 508.84
Nature of interest                    :   Direct beneficial
Type of transaction                   :   Off market
Clearance received                    :   Yes



Director                              :   WO Fourie
Company                               :   Nictus Limited
Nature of transaction                 :   Ultra Investments, an entity in which Mr Fourie has an
                                          effective 10.54% interest, has settled Mr Fourie’s loan
                                          account, valued at R490 732.92, by transferring
                                          585 662 Nictus Limited shares to Mr Fourie personally
Class of security                     :   Ordinary shares
Date of transaction                   :   27 March 2013
Number of shares                      :   585 662
Selling price                         :   In reaching agreement on the settlement of the loan
                                          account for which these shares were pledged as
                                          security during 2009, regard was given to the number of
                                          distributable Nictus Limited shares which Ultra
                                          Investments had available and not necessarily the loan
                                          amount versus the quoted share price on the JSE;
                                          accordingly the selling price is reflected as R0.84.
Total value of transaction            :   R490 732.92
Nature of interest                    :   Direct beneficial
Type of transaction                   :   Off market
Clearance received                    :   Yes


Director                              :   WO Fourie
Company                               :   Nictus Limited
Nature of transaction                 :   Ultra Investments, an entity in which Mr Fourie has an
                                          effective 10.54% interest, has declared a dividend in
                                          specie comprising of a distribution of Nictus Limited
                                          shares. Accordingly Mr Fourie will personally receive
                                          44 591 Nictus Limited shares
Class of security                     :   Ordinary shares
Date of transaction                   :   27 March 2013
Number of shares                      :   44 591
Selling price                         :   R1.20
Total value of transaction            :   R53 508.84
Nature of interest                    :   Direct beneficial
Type of transaction                   :   Off market
Clearance received                    :   Yes

Director                              :   PJ Tromp
Company                               :   Nictus Limited
Nature of transaction                 :   Ultra Investments, an entity in which Mr Tromp has an
                                          effective 21.12% interest, has settled Mr Tromp’s loan
                                          account, valued at R981 465.45, by transferring
                                          1 402 240 Nictus Limited shares to Mr Tromp personally
Class of security                     :   Ordinary shares
Date of transaction                   :   27 March 2013
Number of shares                      :   1 402 240
Selling price                         :   In reaching agreement on the settlement of the loan
                                          account for which these shares were pledged as
                                          security during 2009, regard was given to the number of
                                          distributable Nictus Limited shares which Ultra
                                          Investments had available and not necessarily the loan
                                          amount versus the quoted share price on the JSE;
                                          accordingly the selling price is reflected as R0.70.
Total value of transaction            :   R981 465.45
Nature of interest                    :   Direct beneficial
Type of transaction                   :   Off market
Clearance received                    :   Yes

Director                              :   PJ Tromp
Company                               :   Nictus Limited
Nature of transaction                 :   Ultra Investments, an entity in which Mr Tromp has an
                                          effective 10.54% interest, has declared a dividend in
                                          specie comprising of a distribution of Nictus Limited
                                          shares. Accordingly Mr Tromp will personally receive 44
                                          591 Nictus Limited shares
Class of security                     :   Ordinary shares
Date of transaction                   :   27 March 2013
Number of shares                      :   44 591
Selling price                         :   R1.20
Total value of transaction            :   R53 508.84
Nature of interest                    :   Direct beneficial
Type of transaction                   :   Off market
Clearance received                    :   Yes


Director                              :   GR Tromp
Company                               :   Nictus Furnishers (Proprietary) Limited, a 100%
                                          subsidiary of Nictus Limited
Nature of transaction                 :   Ultra Investments, an entity in which Mr Tromp has an
                                          effective 3.11% interest, has declared a dividend in
                                          specie comprising of a distribution of Nictus Limited
                                          shares. Accordingly Mr Tromp will personally receive
                                          44 591 Nictus Limited shares
Class of security                     :   Ordinary shares
Date of transaction                   :   27 March 2013
Number of shares                      :   44 591
Selling price                         :   R1.20
Total value of transaction            :   R53 508.84
Nature of interest                    :   Direct beneficial
Type of transaction                   :   Off market
Clearance received                    :   Yes

Randburg
28 March 2013

Sponsor on the JSE                            Sponsor on the NSX
KPMG Services Proprietary Limited             Simonis Storm Securities (Proprietary) Limited
                                              (Member of the NSX)

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