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Cashbuild Limited - DEALING IN SECURITIES BY A DIRECTOR

Release Date: 17/11/2003 13:53
Code(s): CSB
Wrap Text

Cashbuild Limited - DEALING IN SECURITIES BY A DIRECTOR Cashbuild Limited Registration number: 1986/001503/06 (Incorporated in the Republic of South Africa) Share Code: CSB ISIN Code: ZAE000028320 DEALING IN SECURITIES BY A DIRECTOR A special purpose vehicle, which held 1 750 000 Cashbuild ordinary shares and in which Mr P Goldrick holds a 50% beneficial interest, has disposed of the investment on 13 November 2003 in accordance with the original funding agreement in order to repay the funding obligations. This transaction resulted in Mr P Goldrick indirectly disposing of 875 000 Cashbuild shares ("the shares") at a total value of R 16 187 500, equating to a price of R 18.50 per share. Mr Goldrick intends to utilise a portion of the proceeds to acquire a home in South Africa and, to the extent possible, to refinance a portion of the shares. The transaction was effected through a book-over sale on the open market. This announcement is made in compliance with rule 3.63 of the JSE Listings Requirements. Johannesburg 14 November 2003 Sponsor Nedbank Corporate Date: 17/11/2003 01:53:02 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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