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TRU - Truworths International Limited - Directors` Dealings

Release Date: 11/04/2011 07:05
Code(s): TRU
Wrap Text

TRU - Truworths International Limited - Directors` Dealings TRUWORTHS INTERNATIONAL LIMITED (Incorporated in the Republic of South Africa) (Registration number 1944/017491/06) JSE Code: TRU: ISIN: ZAE000028296 ("the company") DIRECTORS` DEALINGS Notice is hereby given, in terms of paragraphs 3.63 to 3.65 of the Listings Requirements of the JSE Limited, of the following transaction in respect of the company`s shares by a director of a subsidiary of the company: Name of director : Derek Leslie Kohler Executive director of : Truworths Limited Date of transaction : 7 April 2011 Selling price per share : R75.0311 (vwap); R75.15 (highest); R75.00 (lowest) Class of shares : Ordinary Extent and interest : 100% direct and beneficial interest Prescribed clearance given : Yes Number of shares : 140 000 Total value : R10 504 354 Trades carried out : On market Nature of transaction : The exercise of options granted on 13 and 28 March 2003 in terms of and subject to the rules of the company`s share scheme, the resulting purchase of 84 000 of the company`s shares at a strike price of R6.2729 (vwap) per share for a total purchase price of R526 922, and the simultaneous sale of such shares together with a further 56 000 shares held in terms of and subject to the rules of the company`s share scheme. Cape Town 8 April 2011 Sponsor Barnard Jacobs Mellet Corporate Finance (Pty) Ltd Date: 11/04/2011 07:05:10 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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