TASTE HOLDINGS LIMITED - Exercise of options and sale of shares by executive directors and a director of a major subsidiary

Exercise of options and sale of shares by executive directors and a director of a major subsidiary

TASTE HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 2000/002239/06)
Share code: TAS ISIN: ZAE000081162
(“Taste”)


EXERCISE OF OPTIONS AND SALE OF SHARES BY EXECUTIVE DIRECTORS AND DIRECTORS OF
A MAJOR SUBSIDIARY IN TERMS OF THE TASTE HOLDINGS LIMITED TRUST



In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, the
following is disclosed:

 Name of director:                             Mr C Gonzaga
 Company:                                      Taste Holdings Limited
 Nature of transaction:                        On market sale of ordinary shares following the off market
                                               exercise of share options
 Class of securities:                          Ordinary shares
 Extent of director’s interest:                Direct beneficial
 Clearance to deal obtained:                   Yes
 Date of transaction:                          30 June 2014           1 July 2014
 Option strike price:                          43 cents               43 cents
 Price per security:                           R3.80                  R3.80
 Number of securities:                         44 795                 63 371
 Total value:                                  R170 221.00            R240 809.80

 Name of director:                             Mr E Tsatsarolakis
 Company:                                      Taste Holdings Limited
 Nature of transaction:                        On market sale of ordinary shares following the off market
                                               exercise of share options
 Class of securities:                          Ordinary shares
 Extent of director’s interest:                Direct beneficial
 Clearance to deal obtained:                   Yes
 Date of transaction:                          30 June 2014           1 July 2014
 Option strike price:                          43 cents               43 cents
 Price per security:                           R3.80                  R3.80
 Number of securities:                         22 717                 32 138
 Total value:                                  R86 324.60             R122 124.40

 Name of director:                             Mr A Smedsrud
 Company:                                      Buon Gusto Cuisine Proprietary Limited, a major subsidiary
                                               of Taste
 Nature of transaction:                        On market sale of ordinary shares following the off market
                                               exercise of share options
 Class of securities:                          Ordinary shares
 Extent of director’s interest:                Direct beneficial
 Clearance to deal obtained:                   Yes
 Date of transaction:                          30 June 2014           1 July 2014
 Option strike price:                          43 cents               43 cents
 Price per security:                           R3.80                  R3.80
 Number of securities:                         6 058                  8 570
 Total value:                                  R23 020.40             R32 566.00

Johannesburg
2 July 2014

Sponsor
Merchantec Capital

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