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TASTE HOLDINGS LIMITED - Exercise of options and sale of shares by executive directors and a director of a major subsidiary

Release Date: 04/07/2014 16:15
Code(s): TAS     PDF:  
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Exercise of options and sale of shares by executive directors and a director of a major subsidiary

TASTE HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 2000/002239/06)
Share code: TAS ISIN: ZAE000081162
(“Taste”)


EXERCISE OF OPTIONS AND SALE OF SHARES BY EXECUTIVE DIRECTORS AND DIRECTORS OF
A MAJOR SUBSIDIARY IN TERMS OF THE TASTE HOLDINGS LIMITED TRUST



In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, the
following is disclosed:

 Name of director:                             Mr C Gonzaga
 Company:                                      Taste Holdings Limited
 Nature of transaction:                        On market sale of ordinary shares following the off market
                                               exercise of share options
 Class of securities:                          Ordinary shares
 Extent of director’s interest:                Direct beneficial
 Clearance to deal obtained:                   Yes
 Date of transaction:                          2 July 2014            3 July 2014
 Option strike price:                          43 cents               43 cents
 Price per security:                           R3.80                  R3.80
 Number of securities:                         73 626                 92 549
 Total value:                                  R279 778.80            R351 686.20

 Name of director:                             Mr E Tsatsarolakis
 Company:                                      Taste Holdings Limited
 Nature of transaction:                        On market sale of ordinary shares following the off market
                                               exercise of share options
 Class of securities:                          Ordinary shares
 Extent of director’s interest:                Direct beneficial
 Clearance to deal obtained:                   Yes
 Date of transaction:                          2 July 2014            3 July 2014
 Option strike price:                          43 cents               43 cents
 Price per security:                           R3.80                  R3.80
 Number of securities:                         37 338                 46 935
 Total value:                                  R141 884.40            R178 353.00

 Name of director:                             Mr A Smedsrud
 Company:                                      Buon Gusto Cuisine Proprietary Limited, a major subsidiary
                                               of Taste
 Nature of transaction:                        On market sale of ordinary shares following the off market
                                               exercise of share options
 Class of securities:                          Ordinary shares
 Extent of director’s interest:                Direct beneficial
 Clearance to deal obtained:                   Yes
 Date of transaction:                          2 July 2014            3 July 2014
 Option strike price:                          43 cents               43 cents
 Price per security:                           R3.80                  R3.80
 Number of securities:                         9 957                  12 516
 Total value:                                  R37 836.60             R47 560.80

Johannesburg
4 July 2014

Sponsor
Merchantec Capital

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