To view the PDF file, sign up for a MySharenet subscription.

Steinhoff International Holdings Limited - Dealing In Securities By Directors

Release Date: 03/07/2006 08:47
Code(s): SHF
Wrap Text

Steinhoff International Holdings Limited - Dealing In Securities By Directors STEINHOFF INTERNATIONAL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration Number: 1998/003951/06) ("Steinhoff") Share Code: SHF ISN Code: ZAE000016176 DEALING IN SECURITIES BY DIRECTORS The Board of Steinhoff herewith and in terms of paragraph 3.63 of the Listing Requirements wish to announce that a consortium of executive directors have sold 17,702,745 shares in Steinhoff, held indirectly beneficially, for a consideration of 2100 cents per share for a total rand value of R371,757,645 in order to settle the major portion of outstanding obligations incurred in respect of 36,5 million shares purchased on 30 April 2004 as announced on 4 May 2004. The respective number of shares sold are as follows:- Bruno Ewald Steinhoff Executive in respect of 4,425,000 Chairman Markus Johannes Jooste Chief Executive in respect of 4,425,000 Officer Hendrik Johan Karel Alternate in respect of 1,475,000 Ferreira Director Stephanus Johannes Alternate in respect of 1,475,000 Grobler Director and Company
Secretary Fredrik Johannes Nel Finance Director in respect of 1,475,745 Daniel Maree van der Executive in respect of 2,285,750 Merwe Director Johannes Henoch Neethling Chief Financial in respect of 2,141,250 van der Merwe Officer Clearance had been granted in respect of the abovementioned transaction on 29 June 2006. By Order of the Board SJ GROBLER COMPANY SECRETARY 30 June 2006 Sponsor: PSG Capital Date: 03/07/2006 08:47:37 AM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

Share This Story