CONVERGENET HOLDINGS LIMITED - Change in directors interest announcement

Change in directors’ interest announcement

CONVERGENET HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/015580/06)
Share code: CVN     ISIN: ZAE000102067
(“ConvergeNet” or “the Company”)


          CHANGE IN DIRECTORS’ INTEREST ANNOUNCEMENT


In compliance with rules 3.63 – 3.74 of the JSE Listings
Requirements, the following changes in the interest of
directors of ConvergeNet as a result of off-market purchases
and sales of shares in Yellow Star Group (Pty) Ltd (“Yellow
Star”), a shareholder in ConvergeNet, is disclosed below:

Name of director:              T Modise

Name of company:               ConvergeNet
Date of transaction:           26 April 2013

Class of securities:           Ordinary shares
Nature of transaction:         Change in indirect beneficial
                               interest as a result of the
                               sale    of    shares    in  a
                               shareholder of ConvergeNet

Number   of   securities  and 4 048 017 ordinary shares held
nature and extent of interest in an indirect beneficial
in the transaction:           capacity through Yellow Star

Clearance obtained:            Yes


Name of director:              H van Dyk

Name of company:               ConvergeNet
Date of transaction:           26 April 2013

Class of securities:           Ordinary shares
Nature of transaction:         Change in indirect beneficial
                               interest as a result of the
                               purchase   of   shares   in a
                               shareholder of ConvergeNet

Number   of   securities  and 2 024 008 ordinary shares held
nature and extent of interest in an indirect beneficial
in the transaction:           capacity through Yellow Star

Clearance obtained:            Yes
Centurion
29 April 2013

Corporate adviser: AfrAsia Corporate Finance (Pty) Ltd
Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd

Date: 29/04/2013 10:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.