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PNC - Pinnacle - Dealing in securities by director

Release Date: 06/11/2009 13:39
Code(s): PNC
Wrap Text

PNC - Pinnacle - Dealing in securities by director Pinnacle Technology Holdings Limited Registration number 1986/000334/06 Share Code: PNC ISIN: ZAE000022570 ("Pinnacle") Dealing in securities by director In compliance with paragraphs 3.63 and 3.64 of the Listings Requirements of the JSE Limited ("Listings Requirements"), the following dealing took place by a director of Pinnacle: Name of Director TAM Tshivhase Position Executive Director Date 6 November 2009 Nature of interest Direct /Beneficial Type of transactions Sale of ordinary shares Class of security Ordinary shares Number of ordinary shares 62 961 Price 299 cents Value of transaction R188 253.39 In accordance with the rules and regulations of the Pinnacle Employee trust Mr Tshivhase has liquidated a portion of his shareholding to settle the s38 trust loan and taxation payable as result of the vesting of shares. Clearance to deal was obtained in terms of paragraph 3.66 of the Listings Requirements. Midrand Friday, 06 November 2009 Sponsor Deloitte and Touche Sponsor Services (Pty) Limited Date: 06/11/2009 13:39:01 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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