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Onelogix Group Limited - Dealings in securities

Release Date: 21/09/2006 17:55
Code(s): OLG
Wrap Text

Onelogix Group Limited - Dealings in securities Onelogix Group Limited (Registration number 1998/004519/06) Share code: OLG ISIN: ZAE000026399 ("OneLogix" or "the company") Dealings in securities In compliance with section 3.63(a)(ii) to 3.65 of the Listings Requirements of the JSE Limited ("JSE"), it is disclosed that Mr C Wheeler, who is not a director of the company but is a director of a subsidiary of the company, sold the following OneLogix ordinary shares, held directly, namely: on 27 February 2006, 100,000 shares at R0.70 per share for R70,000.00; on 28 February 2006, 31,192 shares at R0.70 per share for R21,834.40; on 17 March 2006, 298,000 shares at R0.69 per share for R205,620.00; on 27 March 2006, 57,980 shares at R0.69 per share for R40,006.20; on 28 March 2006, 322,000 shares at R0.65 per share for R209,300.00; on 28 March 2006, 150,000 shares at R0.68 per share for R102,000.00; and on 30 March 2006, 30,828 shares at R0.74 per share for R22,812.72. Clearance to deal was received in terms of paragraph 3.66 of the JSE Listings Requirements. Warning: The listing of the ordinary shares in the company is on the ALTX. Shareholders are advised of the risks of investing in a company listed on the ALTX. Shareholders are advised that the JSE does not guarantee the viability or the success of a company listed on the ALTX. In terms of the JSE Listings Requirements a designated advisor has to be retained by the company. The designated advisor is required to, inter alia, attend all board meetings held by the company to ensure that all JSE Listings Requirements and applicable regulations are complied with, approve the financial director of the company and guide the company in a competent, professional and impartial manner. If the company fails to retain a designated advisor it must make arrangements to appoint a new designated advisor within 10 business days, failing which the company faces suspension of trading of its securities. If a designated advisor is not appointed within 30 days of its suspension the company faces the termination of its listing without an offer to minority shareholders. Rosebank 21 September 2006 Designated advisor Java Capital (Proprietary) Limited Date: 21/09/2006 05:55:30 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department