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PINNACLE TECHNOLOGY HOLDINGS LTD - Dealing in securities by director

Release Date: 22/01/2014 16:00
Code(s): PNC     PDF:  
Wrap Text
Dealing in securities by director

Pinnacle Technology Holdings Limited
Registration number 1986/000334/06
Share Code: PNC
ISIN: ZAE000022570
(“Pinnacle”)

Dealing in securities by director

In compliance with paragraphs 3.63 and 3.64 of the Listings Requirements of the JSE
Limited (“Listings Requirements”), Pinnacle advises that the following dealing took
place by an executive director of Pinnacle:

Name of Director      : Arnold Fourie
Designation           : Chief Executive Officer
Nature of Transaction : Disposal (Arising from the expiry of zero cost
collar entered into on 12 December 2012 at a put strike price of 1708 cents per
share)
Nature of Interest: Indirect Beneficial (Held through Carmen Fourie Family Trust)
Number of shares: 1 200 000
Price: 1894 cents
Date: 20 January 2014
Total value or transaction: R22 728 000
Clearance Obtained: Yes

The trade was done on-market and clearance to deal was obtained in terms of
paragraph 3.66 of the Listings Requirements.

Midrand
22 January 2014

Sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd

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