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SEPHAKU HOLDINGS LIMITED - Notification of share dealing by the Company Secretary

Release Date: 31/07/2014 17:06
Code(s): SEP     PDF:  
Wrap Text
Notification of share dealing by the Company Secretary

Sephaku Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2005/003306/06)
Share code: SEP
ISIN: ZAE000138459
("Sephaku Holdings")


Notification of share dealing by the Company Secretary of Sephaku Holdings


The Sephaku Holdings’ employee scheme option rules (“the Rules”) provide that a participant,
rather than exercise options which he or she is entitled to exercise under the Rules, may elect to
terminate any such options, in whole or in part, and, in lieu of receiving shares to which the
terminated options relate (the "Designated Shares"), receive the difference between the market
value per share for the Designated Shares and the exercise price per share of the Designated
Shares (“Cashless Exercise”).


In compliance with paragraph 3.63 to 3.66 of the JSE Limited Listings Requirements, the
following information is provided in respect of a Cashless Exercise of options by the Company
Secretary:


The details are as follows:


Name of Company Secretary:                          Jennifer Bennette


Nature of transaction:                              Off-market exercise of options
Date of exercise of the options:                    30 July 2014
Class of security:                                  Options in respect of ordinary shares
Dates options vested:                               15 October 2013
Number of options exercised:                        50 000
Option exercise price:                              268 cents per share
Total exercise price:                               R134 000

Nature of transaction:                              On-market disposal of Designated Shares
Date of transaction:                                30 July 2014
Class of security:                                  Ordinary shares
Price per Designated Share:                         665 cents per share
Total value of Designated Shares:                   R332 500


Net proceeds received (being the difference
between the market value per Designated Share
and the exercise price):                             R198 500


Clearance given in terms of                          Yes
Paragraph 3.66:




Centurion
31 July 2014


Sponsor to Sephaku Holdings

Questco (Pty) Ltd
_________________________________________________________________________
For more information contact:      Sakhile Ndlovu      Sephaku Holdings      Investor Relations     012 622 9439



About Sephaku Holdings Limited

Sephaku Holdings is a building and construction materials company with a portfolio of investments in the cement sector in South
Africa. The company’s core investments are a 36% stake in Sephaku Cement (Pty) Ltd (“SepCem” or “the associate”) and 100% in
Métier Mixed Concrete (Pty) Ltd (“Métier” or “the subsidiary”). The strategy of Sephaku Holdings is to generate growth and realise
value for shareholders through the production of cement and ready mixed concrete in Southern Africa.

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