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AMALGAMATED APPLIANCE HOLDINGS LD - Director's Dealings

Release Date: 03/10/2012 13:14
Code(s): AMA     PDF:  
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Director's Dealings

Amalgamated Appliance Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1997/004130/06)
Share code: AMA & ISIN: ZAE000012647
("AMAP" or "the Company")


DIRECTOR’S DEALINGS


This announcement replaces the director’s dealings announcement released on 1 October 2012.


In terms of paragraphs 3.63 to 3.74 of the Listings Requirements, it is hereby announced that Alan
Coward, the chief executive officer and director of the Company, has agreed to the cancellation of his
right to acquire 800,000 shares in the Company in terms of an option granted to him on 8 September
2009 by the Trustees of the Company’s share trust, in consideration for which cancellation he shall
receive payment of the difference between the strike price and the present market value of the
aforementioned shares. The aggregate consideration payable to Alan Coward in terms of the above
transaction is R715,200. Clearance was obtained in accordance with section 3.66 of the Listings
Requirements.


Johannesburg
3 October 2012
Sponsor: Bridge Capital Advisors (Pty) Limited

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