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COM - Comair Limited - Dealings in securities by directors

Release Date: 15/06/2011 10:13
Code(s): COM
Wrap Text

COM - Comair Limited - Dealings in securities by directors COMAIR LIMITED (Registration number 1967/006783/06) (Incorporated in the Republic of South Africa) Share code: COM ISIN: ZAE000029823 ("Comair") DEALINGS IN SECURITIES BY DIRECTORS In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Director : D.H. Borer Company : Comair Limited Date of transaction : 14 June 2011 Class of securities : Ordinary shares Nature of transaction : On market sale of shares, which shares were acquired in terms of the
Comair Incentive Trust and were sold to defray taxation costs (in terms of S8C of the Income Tax Act) arising from the vesting of those
shares. Number of securities : 1 299 334 Selling price per share : R2.15 Value of transaction : R2 793 568.10 Nature of interest : Direct beneficial Clearance obtained : Yes Director : MN Louw Company : Comair Limited Date of transaction : 14 June 2011 Class of securities : Ordinary shares Nature of transaction : On market sale of shares, which shares were acquired in terms of the
Comair Share Incentive Trust and were sold to defray taxation costs (in terms of S8C of the Income Tax Act) arising from the vesting of
those shares. Number of securities : 2 466 667 Selling price per share : R2.15 Value of transaction : R5 303 334.05 Nature of interest : Direct beneficial Clearance obtained : Yes Director : E.R. Venter Company : Comair Limited Date of transaction : 14 June 2011 Class of securities : Ordinary shares Nature of transaction : On market sale of shares,which shares were acquired in terms of the
Comair Share Incentive Trust and were sold to defray taxation costs (in terms of S8C of the Income Tax Act) arising from the vesting of
those shares. Number of securities : 1 000 000 Selling price per share : R2.15 Value of transaction : R2 150 000.00 Nature of interest : Direct beneficial Clearance obtained : Yes Director : G.S. Novick Company : Comair Limited Date of transaction : 14 June 2011 Class of securities : Ordinary shares Nature of transaction : On market sale of shares, which shares were acquired in terms of the
Comair Share Incentive Trust and were sold to defray taxation costs (in terms of S8C of the Income Tax Act) arising from the vesting of
those shares. Number of securities : 1 100 000 Selling price per share : R2.15 Value of transaction : R2 365 000.00 Nature of interest : Direct beneficial Clearance obtained : Yes Bonaero Park 15 June 2011 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 15/06/2011 10:13:01 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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