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PNC - Pinnacle - Dealings In Securities By Director

Release Date: 03/09/2008 17:30
Code(s): PNC
Wrap Text

PNC - Pinnacle - Dealings In Securities By Director Pinnacle Technology Holdings Limited Registration number 1986/000334/06 Share Code: PNC ISIN: ZAE000022570 ("Pinnacle") Dealings in securities by director Shareholders are referred to SENS announcement dated 26 April 2007 whereby they were advised that Mr AJ Fourie has entered into a Zero cost collar for hedging purposes. In compliance with paragraphs 3.63 and 3.64 of the Listings Requirements of the JSE Limited ("Listings Requirements"), shareholders are hereby advised that the following dealings took place by Mr AJ Fourie: Name of Director AJ Fourie Position Chief Executive Officer Date 1 September 2008 Nature of interest Indirect, Beneficial Nature of transaction Sale due to exercise of options - Zero Cost Collar entered into in April 2007 Class of security Ordinary shares Number of ordinary shares 1 500 000 Price 4.44 cents per share Value of transaction R6 660 000.00 Number of ordinary shares 1 500 000 Price 4.54 cents per share Value of transaction R6 810 000.00 Number of ordinary shares 1 500 000 Price 4.20 cents per share Value of transaction R6 300 000.00 Number of ordinary shares 1 500 000 Price 4.20 cents per share Value of transaction R6 300 000.00 Clearance to deal was obtained in terms of paragraph 3.66 of the Listings Requirements. Midrand 3 September 2008 Sponsor Deloitte & Touche Sponsor Services (Pty) Limited Date: 03/09/2008 17:30:04 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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