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COMAIR LIMITED - Correction announcement: Dealing in securities by directors

Release Date: 05/11/2013 15:18
Code(s): COM     PDF:  
Wrap Text
Correction announcement: Dealing in securities by directors

COMAIR LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1967/006783/06)
ISIN: ZAE000029823
Share Code: COM
("Comair")

CORRECTION ANNOUNCEMENT: DEALING IN SECURITIES BY DIRECTORS

Shareholders   are  referred   to   the  directors   dealings
announcements released on the Stock Exchange News Service
earlier today, wherein it was disclosed that R.S. Ntuli and
A.K. Gupta have purchased Comair shares. Shareholders are now
advised that transaction is in fact a disposal of shares and
not   purchase  of   shares  as   announced  earlier   today.
Accordingly please disregard the previous announcements in
this regard released earlier today, and refer to the correct
information below:


Director                     :   R.S. Ntuli
Company                      :   Comair Limited
Date of transaction          :   4 November 2013
Nature of transaction        :   On market sale of securities
Number of securities         :   5 772 615
Class of securities          :   Ordinary shares
Selling price                :   R3.00
Total value of transaction   :   R17,317,845.00
Nature of interest           :   Indirect beneficial
Clearance obtained           :   Yes

Director                     :   A.K. Gupta
Company                      :   Comair Limited
Date of transaction          :   4 November 2013
Nature of transaction        :   On market sale of securities
Number of securities         :   22 794 439
Class of securities          :   Ordinary shares
Selling price                :   R3.00
Total value of transaction   :   R68 383 317.00
Nature of interest           :   Indirect beneficial
Clearance obtained           :   Yes

Johannesburg
5 November 2013

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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