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:            4 June 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 1 012 004 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:            4 June 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 506 002 ordinary shares held
nature and extent of interest in an indirect beneficial
in the transaction:           capacity through Yellow Star

Clearance obtained:             Yes
Centurion
4 June 2013

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

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