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GDO - Gold One International Limited - Appendix 3Y change of director`s interest
notice
Gold One International Limited
Registered in Western Australia under the Corporations Act, 2001 (Cth)
Registration number ACN: 094 265 746
Registered as an external company in the Republic of South Africa
Registration number: 2009/000032/10
Share code on the ASX/JSE: GDO
ISIN: AU000000GDO5
OTCQX International: GLDZY
("Gold One" or the "company")
APPENDIX 3Y CHANGE OF DIRECTOR`S INTEREST NOTICE
Gold One today, 9 March 2011, submitted to the Australian Securities Exchange
("ASX") an Appendix 3Y "Change of Director`s Interest Notice" in respect of
the acquisition of 1,500,000 single stock futures over ordinary shares by
Chief Executive Director, Neal John Froneman.
The Appendix 3Y was accompanied by the following cover letter:
QUOTE
APPENDIX 3Y - CHANGE OF DIRECTOR`S INTEREST NOTICE - COVER LETTER
Attached please find an Appendix 3Y in respect of Mr Neal Froneman, which
contains details of the single stock futures ("SSFs") over GDO shares purchased
by Mr. Froneman.
SSFs are futures contracts on individual shares.SSFs give the holder economic
exposure to the underlying shares without the holder being the owner of those
shares. The SSFs do not carry any voting rights in respect of the relevant
shares. SSFs are not issued by the company whose shares underly the SSF but by
a third party who owns the underlying shares.SSFs are traded on the JSE and,
according to its own data, the JSE was recently ranked number one in the world
in terms of traded volumes of SSFs.
The SSFs held by Mr. Froneman are contracts to buy the underlying GDO shares at
a fixed date in the future at a price equal to the market value of the shares at
the date of expiry of the relevant SSF contract, less the margin that Mr.
Froneman is required to maintain from the original transaction date. Mr.
Froneman`s SSFs expire at the end of each quarter (March, June, September and
December).
Prior to the SSFs expiring, Mr. Froneman has the option to pay a fee and to roll
the contracts forward for a further quarter. Mr. Froneman can take delivery of
the physical GDO shares at any time during the life of the SSF by simply putting
up the cash difference between the margin he has already paid and the then
current price of the share.
Pierre Kruger
Company Secretary
UNQUOTE
APPENDIX 3Y CHANGE OF DIRECTOR`S INTEREST NOTICE
QUOTE
NAME OF ENTITY
Gold One International Limited
ABN
35 094 265 746
We (the entity) give ASX the following information under listing rule 3.19A.2
and as agent for the director for the purposes of section 205G of the
Corporations Act.
1. Name of Director
Neal John Froneman
2. Date of last notice
1 June 2010
PART 1 - CHANGE OF DIRECTOR`S RELEVANT INTERESTS IN SECURITIES
1. Direct or indirect interest
Direct
2. Nature of indirect interest (including registered holder)
Neal John Froneman
3. Date of change
3 March 2011
4. No. of securities held prior to change
170,000 fully paid ordinary shares
11,877,743 unlisted options
3,700,000 single stock futures over ordinary shares
5. Class
Single Stock Futures
6. Number acquired
1,500,000
7. Number disposed
Nil
8. Value/Consideration
ZAR 3,832,650
9. No. of securities held after change
170,000 fully paid ordinary shares
11,877,743 unlisted options
5,200,000 single stock futures over ordinary shares
10. Nature of change
Open market purchase
PART 2 - CHANGE OF DIRECTOR`S INTERESTS IN CONTRACTS
Not applicable
PART 3 - CLOSED PERIOD
1. Were the interests in the securities or contracts detailed above traded
during a closed period where prior written clearance was required'
No
2. If so, was prior written clearance provided to allow the trade to proceed
during this period'
Not applicable
3. If prior written clearance was provided, on what date was this provided'
2 March 2011
UNQUOTE
Parktown
9 March 2011
JSE SPONSOR
Macquarie First South Advisers (Pty) Limited
Date: 09/03/2011 10:03:02 Supplied by www.sharenet.co.za
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