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KEH - Keaton Energy Holdings Limited - Sale of shares by Moneybox Investments

Release Date: 27/09/2011 11:38
Code(s): KEH
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KEH - Keaton Energy Holdings Limited - Sale of shares by Moneybox Investments 156 (PROPRIETARY) Limited Keaton Energy Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 2006/011090/06) JSE share code: KEH ISIN: ZAE000117420 ("Keaton Energy" or "the Company") SALE OF SHARES BY MONEYBOX INVESTMENTS 156 (PROPRIETARY) LIMITED Moneybox Investments 156 (Proprietary) Limited ("Moneybox") has sold 49 773 Keaton Energy shares on the open market at R2.58 per share on Friday, 23 September 2011, for a total consideration of R128 414.34. Dr Robert Gumbi and Mr Mike Magagulu are non-executive directors of Labohlano Trading 46 (Proprietary) Limited ("Labohlano"), a 74% held subsidiary of Keaton Energy and are indirectly beneficially interested in Moneybox, which is a 26% shareholder in Labohlano. As a consequence, Labohlano remains fully compliant with the historically disadvantaged person ("HDP") ownership requirements of the South African Mineral and Petroleum Resources Development Act, No 28 of 2002, as amended ("MPRDA") and the Broad Based Socio-Economic Empowerment Charter for the South African mining industry, as contemplated in Section 100(2) of the MPRDA. This announcement is made in compliance with Section 3.63 of the JSE Listings Requirements. Clearance to deal was received in terms of Section 3.66 of the JSE Listings Requirements. Bryanston 27 September 2011 Sponsor Nedbank Capital Date: 27/09/2011 11:38:01 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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