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BEG - Beige Holdings Limited - Dealings in securities by directors and

Release Date: 08/09/2011 10:54
Code(s): BEG
Wrap Text

BEG - Beige Holdings Limited - Dealings in securities by directors and announcement in terms of section 122 of the companies act, 2008 BEIGE HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1997/006871/06) ("Beige" or "the company") ISIN Code: ZAE 000034161 Share code: BEG DEALINGS IN SECURITIES BY DIRECTORS AND ANNOUNCEMENT IN TERMS OF SECTION 122 OF THE COMPANIES ACT, 2008 Shareholders are advised that Trustee Board Investments (Pty) Ltd ("TBI") has purchased 3 850 000 ordinary shares in Beige. In compliance with rules 3.63 - 3.74 of the JSE Listing Requirements, the following information is disclosed. Name of director: AP du Preez Name of company: Beige Holdings Limited Date of transaction: 06 September 2011 Class of securities: Ordinary shares Number of securities: 1 811 695 Purchase price: R0.07 per share Total value of transaction: R126 818.65 Nature of transaction: Indirect purchase of shares through investment in TBI Nature of interest: Indirect beneficial Extent of interest on ordinary shares: 0.1110% Nature of trade: On market Clearance obtained: Yes Name of director: MM du Preez Name of company: Beige Holdings Limited Date of transaction: 06 September 2011 Class of securities: Ordinary shares Number of securities: 1 029 964 Purchase price: R0.07 per share Total value of transaction: R72 097.48 Nature of transaction: Indirect purchase of shares through investment in TBI Nature of interest: Indirect beneficial Extent of interest on ordinary shares: 0.0631% Nature of trade: On market Clearance obtained: Yes Name of director: MM Di Nicola Name of company: Beige Holdings Limited Date of transaction: 06 September 2011 Class of securities: Ordinary shares Number of securities: 16 126 Purchase price: R0.07 per share Total value of transaction: R1 128.82 Nature of transaction: Indirect purchase of shares through investment in TBI Nature of interest: Indirect beneficial Extent of interest on ordinary shares: 0.0010% Nature of trade: On market Clearance obtained: Yes Name of director: L Karp Name of company: Beige Holdings Limited Date of transaction: 06 September 2011 Class of securities: Ordinary shares Number of securities: 14 109 Purchase price: R0.07 per share Total value of transaction: R987.63 Nature of transaction: Indirect purchase of shares through investment in TBI Nature of interest: Indirect beneficial Extent of interest on ordinary shares: 0.0009% Nature of trade: On market Clearance obtained: Yes DISCLOSURE OF ACQUISITION IN TERMS OF SECTION 122(3)(b) OF THE COMPANIES ACT 71 OF 2008 Beige had received notification from TBI in terms of section 122(1)(a) that it has acquired a beneficial interest in the securities of the company of more than 10%, such that the total interest in the securities of Beige held by TBI now amounts to 11.14% of the total issued share capital of the company. Johannesburg 08 September 2011 Designated Advisor Arcay Moela Sponsors (Pty) Ltd Date: 08/09/2011 10:54:01 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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