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PINNACLE HOLDINGS LTD - Dealing in securities

Release Date: 15/04/2014 14:25
Code(s): PNC     PDF:  
Wrap Text
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 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:                              1708 cents
Date:                               14 April 2014
Total value of transaction:         R 20 496 000
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
15 April 2014


Sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd

Date: 15/04/2014 02:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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