ELLIES HOLDINGS LIMITED - Dealing in securities by directors of a major subsidiary of the company

Dealing in securities by directors of a major subsidiary of the company

ELLIES HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2007/007084/06)
JSE code: ELI ISIN: ZAE000103081
(the “company”)

DEALING IN SECURITIES BY DIRECTORS OF A MAJOR SUBSIDIARY OF THE COMPANY

Shareholders are advised of the following information relating to the dealing in securities:

Name of director:                                            Michael Livanos
Name of subsidiary company of which a director:              Ellies (Proprietary) Limited
Transaction date:                                            17 October 2012
Class of securities:                                         Ordinary shares
Nature of transaction:                                       Off-market collar hedge over 2 000 000
                                                             company shares in eight equal tranches of
                                                             250 000 each with, in each case, a put strike
                                                             price of R6.85 and a call strike price of R8.43
                                                             and with twice weekly expiry dates from
                                                             21 May 2015 to 27 August 2015
Nature and extent of director’s interest:                    Direct beneficial
Clearance to deal received:                                  Yes


Name of director:                                            Michael Miller
Name of subsidiary company of which a director:              Ellies (Proprietary) Limited
Transaction date:                                            17 October 2012
Class of securities:                                         Ordinary shares
Nature of transaction:                                       Off-market collar hedge over 2 000 000
                                                             company shares in eight equal tranches of
                                                             250 000 each with, in each case, a put strike
                                                             price of R6.85 and a call strike price of R8.43
                                                             and with twice weekly expiry dates from
                                                             21 May 2015 to 27 August 2015
Nature and extent of director’s interest:                    Direct beneficial
Clearance to deal received:                                  Yes


18 October 2012

Sponsor

Java Capital

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