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CHEMICAL SPECIALITIES LIMITED - Dealing in securities by directors

Release Date: 25/11/2013 17:43
Code(s): CSP     PDF:  
Wrap Text
Dealing in securities by directors

Chemical Specialities Limited
Incorporated in the Republic of South Africa
Registration number 2005/039947/06
Share code: CSP
ISIN: ZAE000109427
("Chemspec" or "the Company")



Dealing in Securities by Directors



In accordance with the requirements of paragraph 3.63 to 3.74 of
the JSE Limited Listings Requirements (“Listings Requirements”),
the following dealing in securities by a director should be noted:


Name of company             :   CHEMICAL SPECIALITIES LIMITED
Name of director            :   IAJ Clark, non-executive director &
                                Chairman
Class of securities         :   Compulsory convertible preference
                                shares (“CCPs”) in Chemspec
Nature of transaction       :   Mr Clark followed his rights in
                                terms of the rights offer, as well
                                as underwrote a further 10,000,000
                                rights offer CCPs. and applied for
                                190,359 excess rights offer CCPs
                                (An off-market purchase  by
                                Roxichron (Pty) Ltd).
Nature of interests         :   Indirect beneficial
Date of transaction         :   22 November 2013
No of shares                :   101,793,573
Price                       :   40 cents per share
Value of transaction        :   R40 717 429.20


Name of company             :   CHEMICAL SPECIALITIES LIMITED
Name of director            :   JG Maehler, executive financial
                                director
Class of securities         :   CCPs in Chemspec
Nature of transaction       :   Mr. Maehler followed his rights in
                                terms of the rights offer. (An off-
                                market purchase by JRJB Family
                                Trust)
Nature of interests         :   Indirect beneficial
Date of transaction         :   22 November 2013
No of shares                :   2,500,000
Price                       :   40 cents per share
Value of transaction        :   R1,000,000




Name of company             :   CHEMICAL SPECIALITIES LIMITED
Name of director            :   NA Page, non-executive director
Class of securities         :   CCPs in Chemspec
Nature of transaction       :   Mr. Page followed his rights in
                                terms of the rights offer. (An off-
                                market purchase by Hentiq 1423
                                (Pty) Limited)
Nature of interests         :   Indirect beneficial
Date of transaction         :   22 November 2013
No of shares                :   2,500,505
Price                       :   40 cents per share
Value of transaction        :   R1,000,202.00


Name of company             :   CHEMICAL SPECIALITIES LIMITED
Name of director            :   NA page, non-executive director
Class of securities         :   CCPs in ChemSpec
Nature of transaction       :   Mr. Page followed his rights in
                                terms of the rights offer.(An off-
                                market purchase by Corvest 6
                                (Proprietary) Limited)
Nature of interests         :   Indirect beneficial
Date of transaction         :   22 November 2013
No of shares                :   177,837,138
Price                       :   40 cents per share
Value of transaction        :   R71,134,855.20




*Clearance was obtained for all of the above in terms of paragraph
3.66 of the Listings Requirements.




Johannesburg
25 November 2013
Designated Advisor:
Grindrod Bank Limited

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