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PINNACLE HOLDINGS LTD - Director dealing in securities

Release Date: 14/03/2014 17:00
Code(s): PNC     PDF:  
Wrap Text
Director dealing in securities

Pinnacle Holdings Limited
(Previously Pinnacle Technology Holdings Limited)
Registration number 1986/000334/06
Share Code: PNC
ISIN: ZAE000184149
(“Pinnacle”)


Dealing in securities

In compliance with paragraphs 3.63 and 3.64 of the Listings Requirements
of the JSE Limited (“Listings Requirements”), Pinnacle advises that the
following dealings took place by a director of a major subsidiary of
Pinnacle:

Name of Director            GJ Wiehahn
Position                    Executive director
Nature of Interest          Direct / Beneficial
Type of Transaction         Sale of Securities (Contracts for
                             Difference)
Class of Security           Ordinary shares in Pinnacle
Number of shares            1 trade totalling 10 000 shares
Price                        2020 cents
Value of Transaction        R 202 000
Date of Transaction         12 March 2014



Name of Director           GJ Wiehahn
Position                   Executive director
Nature of Interest         Direct / Beneficial
Type of Transaction        Sale of Securities (Contracts for
                            Difference)
Class of Security          Ordinary shares in Pinnacle
Number of shares           1 trade totalling 70 000 shares
Price                       2000 cents
Value of Transaction       R 1 400 000
Date of Transaction        13 March 2014

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

Midrand
14 March 2014

Sponsor
Deloitte and Touche Sponsor Services (Pty) Ltd

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