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BEG - Beige - Intended Dealings in Securities by Directors

Release Date: 22/05/2012 17:35
Code(s): BEG
Wrap Text

BEG - Beige - Intended Dealings in Securities by Directors BEIGE HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1997/006871/06) ("Beige" or "the company") ISIN Code: ZAE000034161 Share code: BEG INTENDED DEALINGS IN SECURITIES BY DIRECTORS Following the revised firm intention announcement published on SENS on 18 May 2012, shareholders are advised that Trustee Board Investments (Pty) Ltd ("TBI") has indicated an intention to accept the mandatory offer to minority shareholders of 9 cents per ordinary share and R1.79 per preference share ("the mandatory offer"). In compliance with rules 3.63 - 3.74 of the JSE Listing Requirements, the TBI acceptance of the mandatory offer will have the following indirect effect on the interests in the securities of the company of the following directors: Name of director: AP du Preez Name of company: Beige Date of transaction: Date to be advised Class of securities: Ordinary shares Number of securities: 122 443 452 Sale price: R0.09 per share Total value of transaction: R11 019 910.68 Nature of transaction: Acceptance of the mandatory offer Nature of interest: Indirect beneficial Extent of interest on ordinary shares: 7.50% Nature of trade: Off market Clearance obtained: Yes, in terms of dispensation granted by the JSE
Name of director: MM du Preez Name of company: Beige Date of transaction: Date to be advised Class of securities: Ordinary shares Number of securities: 69 469 891 Sale price: R0.09 per share Total value of transaction: R6 252 290.19 Nature of transaction: Acceptance of the mandatory offer Nature of interest: Indirect beneficial Extent of interest on ordinary shares: 4.26% Nature of trade: Off market Clearance obtained: Yes, in terms of dispensation granted by the JSE Name of director: MM Di Nicola Name of company: Beige Date of transaction: Date to be advised Class of securities: Ordinary shares Number of securities: 1 088 456 Sale price: R0.09 per share Total value of transaction: R97 961.04 Nature of transaction: Acceptance of the mandatory offer Nature of interest: Indirect beneficial Extent of interest on ordinary shares: 0.07% Nature of trade: Off market Clearance obtained: Yes, in terms of dispensation granted by the JSE Name of director: LI Karp Name of company: Beige Date of transaction: Date to be advised Class of securities: Ordinary shares Number of securities: 952 372 Sale price: R0.09 per share Total value of transaction: R85 713.48 Nature of transaction: Acceptance of the mandatory offer Nature of interest: Indirect beneficial Extent of interest on ordinary shares: 0.06% Nature of trade: Off market Clearance obtained: Yes, in terms of dispensation granted by the JSE Name of director: AP du Preez Name of company: Beige Date of transaction: Date to be advised Class of securities: Preference shares Number of securities: 8 756 488 Sale price: R1.79 per share Total value of transaction: R15 674 113.52 Nature of transaction: Acceptance of the mandatory offer Nature of interest: Indirect beneficial Extent of interest on preference shares: 35.03% Nature of trade: Off market Clearance obtained: Yes, in terms of dispensation granted by the JSE Name of director: MM du Preez Name of company: Beige Date of transaction: Date to be advised Class of securities: Preference shares Number of securities: 4 968 108 Sale price: R1.79 per share Total value of transaction: R8 892 913.32 Nature of transaction: Acceptance of the mandatory offer Nature of interest: Indirect beneficial Extent of interest on ordinary shares: 19.87% Nature of trade: Off market Clearance obtained : Yes, in terms of dispensation granted by the JSE Name of director: MM Di Nicola Name of company: Beige Date of transaction: Date to be advised Class of securities: Preference shares Number of securities: 77 840 Sale price: R1.79 per share Total value of transaction: R175 350.26 Nature of transaction: Acceptance of the mandatory offer Nature of interest: Indirect beneficial Extent of interest on ordinary shares: 0.31% Nature of trade: Off market Clearance obtained: Yes, in terms of dispensation granted by the JSE Name of director: LI Karp Name of company: Beige Date of transaction: Date to be advised Class of securities: Preference shares Number of securities: 68 108 Sale price: R1.79 per share Total value of transaction: R121 913.32 Nature of transaction: Acceptance of the mandatory offer Nature of interest: Indirect beneficial Extent of interest on ordinary shares: 0.27% Nature of trade: Off market Clearance obtained: Yes, in terms of dispensation granted by the JSE
Johannesburg 22 May 2012 Designated Advisor Arcay Moela Sponsors (Pty) Ltd Date: 22/05/2012 17:35:01 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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