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JDG - JD Group Limited - Dealing in securities by a director

Release Date: 18/02/2011 13:04
Code(s): JDG
Wrap Text

JDG - JD Group Limited - Dealing in securities by a director JD Group Limited (Incorporated in the Republic of South Africa) (Registration number 1981/009108/06) ISIN: ZAE000030771 JSE code: JDG ("JD Group") DEALING IN SECURITIES BY A DIRECTOR In compliance with paragraphs 3.63 to 3.66 of the JSE Limited Listings Requirements, the below-mentioned information is disclosed on behalf of a director of JD Group and a director of JDG Trading (Proprietary) Limited, a major subsidiary of JD Group. This transaction was carried out to avert the imminent lapse of the below- mentioned share options, which would otherwise expire during JD Group`s closed period that commences on 1 March 2011. NAME OF DIRECTOR: ID SUSSMAN NAME OF ISSUER: JD Group Limited TYPE AND CLASS OF SECURITIES: Ordinary shares DATE OF TRANSACTION: 16 February 2011 STRIKE PRICE: R35-10 each OPTION GRANT DATE: 19 May 2004 OPTION LAPSE DATE: 19 May 2011 NUMBER OF SECURITIES: 500 000 shares acquired at R35-10 each TOTAL RAND VALUE OF SECURITIES: R17 550 000-00 NATURE OF TRANSACTION: Taken delivery of shares following an obligatory exercise of options in terms of the JD Group Employee Share Incentive Scheme in an off-market transaction
NATURE AND EXTENT OF INTEREST IN THE TRANSACTION: Direct beneficial CLEARANCE: Clearance was obtained in advance 18 February 2011 Johannesburg SPONSOR PSG Capital (Proprietary) Limited Ground Floor, DM Kisch House Inanda Greens Business Park 4 Weirda Road West, Weirda Valley Sandton, 2196 Telephone: +27 11 326 5083 Facsimile: +27 11 784 4755 Date: 18/02/2011 13:04:01 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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