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TIMES MEDIA GROUP LIMITED - Dealing In Securities To Settle The Obligations Of The Times Media Group Limited Management Incentive Plan

Release Date: 10/04/2014 10:26
Code(s): TMG     PDF:  
Wrap Text
Dealing In Securities To Settle The Obligations Of The Times Media Group Limited Management Incentive Plan

TIMES MEDIA GROUP LIMITED
(Incorporated in the Republic of South Africa)
Registration number 2008/009392/06
Ordinary share code: TMG
Ordinary share ISIN: ZAE 000169272
("TMG" or "the Company")

DEALING IN SECURITIES TO SETTLE THE OBLIGATIONS OF THE TIMES MEDIA GROUP
LIMITED MANAGEMENT INCENTIVE PLAN

In compliance with Schedule 14.9 and Rules 3.63 to 3.74 of the JSE Limited
Listings Requirement, the following information relating to the dealing in
securities for the Times Media Group Limited Management Incentive Plan is
disclosed:

NAME OF SCHEME                        The Times Media Group Limited
                                      Management Incentive Plan
COMPANY TO WHICH THE SCHEME RELATES   Times Media Group Limited
TYPE OF SECURITIES                    Shares
CLASS OF SECURITIES                   Ordinary
DATE OF TRANSACTION                   9 April 2014
CENTS PER SHARE                       2 100
NUMBER OF SECURITIES TRANSACTED       32 003
TOTAL RAND VALUE OF SECURITIES        R672 063.00
NATURE OF TRANSACTION                 Purchase of shares by Times Media
                                      (Proprietary) Limited for the Times
                                      Media Group Limited Management
                                      Incentive Plan to enable it to comply
                                      with its obligations in terms of the
                                      share incentive scheme
                                      (On-market transaction)

Clearance to deal in these securities was obtained in accordance with Rule
3.66 of the JSE Limited.

10 April 2014
Johannesburg

Sponsor
PSG Capital

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