To view the PDF file, sign up for a MySharenet subscription.

BEG - Beige Holdings Limited - Acceptance of mandatory offer in securities by

Release Date: 11/06/2012 14:33
Code(s): BEG
Wrap Text

BEG - Beige Holdings Limited - Acceptance of mandatory offer in securities by director and approved executives of designated advisor 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 ACCEPTANCE OF MANDATORY OFFER IN SECURITIES BY DIRECTOR AND APPROVED EXECUTIVES OF DESIGNATED ADVISOR Following the revised firm intention announcement published on SENS on 18 May 2012, shareholders are advised that a director and approved executive of designated advisor have agreed to accept, in whole or in part, 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 acceptance of the mandatory offer in the securities of the company is disclosed: Name of director: LI Karp Name of company: Beige Date of transaction: 15 June 2012 Class of securities: Ordinary shares Number of securities: 2 303 906 Sale price: R0.09 per share Total value of transaction: R207 351.54 Nature of transaction: Acceptance of the mandatory offer Nature of interest: Direct beneficial Extent of interest on ordinary shares: 0.14% 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: 15 June 2012 Class of securities: Preference shares Number of securities: 35 297 Sale price: R1.79 per share Total value of transaction: R63 181.63 Nature of transaction: Acceptance of the mandatory offer Nature of interest: Direct beneficial Extent of interest on preference shares:0.14% Nature of trade: Off market Clearance obtained: Yes, in terms of dispensation granted by the JSE Name of approved executive: MJ Krastanov Name of company: Arcay Moela Sponsors (Pty) Ltd Date of transaction: 15 June 2012 Class of securities: Preference shares Number of securities: 20 000 Sale price: R1.79 per share Total value of transaction: R35 800.00 Nature of transaction: Acceptance of the mandatory offer Nature of interest: Direct beneficial Extent of interest on preference shares:0.08% Nature of trade: Off market Clearance obtained: Yes, in terms of dispensation granted by the JSE Name of approved executive: PA Byrne Name of company: Arcay Moela Sponsors (Pty) Ltd Date of transaction: 15 June 2012 Class of securities: Preference shares Number of securities: 500 Sale price: R1.79 per share Total value of transaction: R895.00 Nature of transaction: Acceptance of the mandatory offer Nature of interest: Direct beneficial Extent of interest on preference shares:0.002% Nature of trade: Off market Clearance obtained: Yes, in terms of dispensation granted by the JSE
Name of approved executive: KDD de Villiers Name of company: Arcay Moela Sponsors (Pty) Ltd Date of transaction: 15 June 2012 Class of securities: Ordinary shares Number of securities: 7 196 986 Sale price: R0.09 per share Total value of transaction: R647 728.70 Nature of transaction: Acceptance of the mandatory offer Nature of interest: Indirect beneficial Extent of interest on ordinary shares: 0.44% 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 14:33:02 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.

Share This Story