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BEG - Beige Holdings Limited - Dealings by a director and his associates

Release Date: 11/06/2012 11:51
Code(s): BEG
Wrap Text

BEG - Beige Holdings Limited - Dealings by a director and his associates 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 DEALINGS BY A DIRECTOR AND HIS ASSOCIATES Shareholders are advised that the following director and his associates have agreed 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 following details are disclosed: Name of director: MM Di Nicola Name of company: Beige Date of transaction: 15 June 2012 Class of securities: Ordinary shares Number of securities: 26 697 134 Sale price: R0.09 per share Total value of transaction: R2 402 742.06 Nature of transaction: Acceptance of the mandatory offer Nature of interest: Direct beneficial Extent of interest on ordinary shares: 1.64% Nature of trade: Off market Clearance obtained: Yes, in terms of dispensation granted by the JSE Name of associate: KL Di Nicola (wife of MM Di Nicola) Name of company: Beige Date of transaction: 15 June 2012 Class of securities: Ordinary shares Number of securities: 6 737 500 Sale price: R0.09 per share Total value of transaction: R606 375.00 Nature of transaction: Acceptance of the mandatory offer Nature of interest: Indirect non beneficial Extent of interest on ordinary shares: 0.41% Nature of trade: Off market Clearance obtained: Yes, in terms of dispensation granted by the JSE Name of associate: DC Di Nicola (son of MM Di Nicola) Name of company: Beige Date of transaction: 15 June 2012 Class of securities: Ordinary shares Number of securities: 400 000 Sale price: R0.09 per share Total value of transaction: R36 000.00 Nature of transaction: Acceptance of the mandatory offer Nature of interest: Indirect non beneficial Extent of interest on ordinary shares: 0.02% 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: 15 June 2012 Class of securities: Preference shares Number of securities: 443 688 Sale price: R1.79 per share Total value of transaction: R794 201.52 Nature of transaction: Acceptance of the mandatory offer Nature of interest: Direct beneficial Extent of interest on preference shares:1.77% Nature of trade: Off market Clearance obtained: Yes, in terms of dispensation granted by the JSE
Name of associate: KL Di Nicola (wife of MM Di Nicola) Name of company: Beige Date of transaction: 15 June 2012 Class of securities: Preference shares Number of securities: 153 221 Sale price: R1.79 per share Total value of transaction: R274 265.59 Nature of transaction: Acceptance of the mandatory offer Nature of interest: Indirect non beneficial Extent of interest on preference shares:0.61% Nature of trade: Off market Clearance obtained: Yes, in terms of dispensation granted by the JSE Name of associate: DC Di Nicola (son of MM Di Nicola) Name of company: Beige Date of transaction: 15 June 2012 Class of securities: Preference shares Number of securities: 8 397 Sale price: R1.79 per share Total value of transaction: R15 030.63 Nature of transaction: Acceptance of the mandatory offer Nature of interest: Indirect non beneficial Extent of interest on preference shares:0.03% Nature of trade: Off market Clearance obtained: Yes, in terms of dispensation granted by the JSE Johannesburg 11 June 2012 Designated Advisor Arcay Moela Sponsors (Pty) Ltd Date: 11/06/2012 11:51:01 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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