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GROUP FIVE LIMITED - Dealing in securities by a director of a major subsidiary

Release Date: 04/11/2013 13:10
Code(s): GRF     PDF:  
Wrap Text
Dealing in securities by a director of a major subsidiary

Group Five Limited
(Registration number: 1969/000032/06)
(Incorporated in the Republic of South Africa)
Share Code: GRF ISIN Code: ZAE 000027405
("Group Five")


Dealing in securities by a director of a major subsidiary

In terms of paragraph 3.63 - 3.65 of the JSE Limited Listings Requirements, the following
information, relating to the dealing in securities by a director of a major subsidiary, is disclosed:


Executive Director:                                   AJ McJannet
Office held:                                          Director of a major subsidiary
Name of Company:                                      Group Five Construction (Proprietary) Limited
Transaction date:                                     01 November 2013

Number of shares:                                     18 193
Exercise price per share:                             R 45.00 per share
Deemed transaction value:                             R818 685
Nature of transaction:                                Exercise of 50 000 share appreciation rights
                                                      under the Group Five Share Appreciation Rights
                                                      Scheme, with a strike price of R 28.63 and
                                                      settled by the delivery of 18 193 Group Five
                                                      ordinary shares in terms of a set formula (off
                                                      market)

Johannesburg
04 November 2013


Sponsor

Nedbank Capital

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