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BCX - Business Connexion Group Limited - Dealings in Securities by a

Release Date: 10/08/2011 16:56
Code(s): BCX
Wrap Text

BCX - Business Connexion Group Limited - Dealings in Securities by a director Business Connexion Group Limited (Incorporated in the Republic of South Africa) (Registration number 1988/005282/06) Share code: BCX ISIN: ZAE000054631 ("BCX") DEALINGS IN SECURITIES BY A DIRECTOR In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Director : D Sparrow (The Sparrow Trust) Company : Business Connexion Group Limited Date of transaction : 8 August 2011 Nature of transaction : Off-market purchase of securities
Class of securities : Ordinary shares Number of shares : 308 835 Deemed price* : R5.77 per share Deemed value of : R1 781 977.95 transaction* Class of securities : "A" Ordinary shares Number of shares : 76 365 Deemed price* : R0.0059 per share Deemed value of : R450.55 transaction*
Nature of interest : Indirect beneficial Clearance obtained : Yes *The director purchased 900 000 UCS Group Limited shares ("UCS shares") based on an initial UCS share price of R2-00 equating to a transaction value of R1 800 000-00. The BCX Ordinary shares and "A" Ordinary shares the subject of this announcement were also received as part of the purchase of the UCS shares given the unbundling of BCX shares effected by UCS to its shareholders on 23 May 2011. Accordingly, the above values are deemed values (based on the share prices stipulated in the BCX circular dated 9 March 2011) and not the actual prices paid by the director. Midrand 10 August 2011 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 10/08/2011 16:56:01 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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