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PINNACLE HOLDINGS LTD - Director dealing in securities

Release Date: 27/03/2014 15:11
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”)


Director 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            53 trades totalling 161 518 shares
Price - High                1786 cents
      - Weighted average    1666.66 cents
      - Lowest              1470.00
Value of Transaction        R2 691 956.74
Date of Transaction         25 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
27 March 2014

Sponsor
Deloitte and Touche Sponsor Services (Pty) Ltd

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