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CONVERGENET HOLDINGS LIMITED - Dealing in securities by a director of a major subsidiary

Release Date: 06/08/2014 16:45
Code(s): CVN     PDF:  
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Dealing in securities by a director of a major subsidiary

CONVERGENET HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/015580/06)
Share code: CVN ISIN: ZAE000182440
(“ConvergeNet”)


DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY

In compliance with sections 3.63 to 3.74 of the Listings Requirements of the JSE Limited, the
following information is disclosed:

NAME OF DIRECTOR:                           E Visser

STATUS:                                     Managing Director of Andrews Kit Proprietary
                                            Limited, trading as Contract Kitting, a major
                                            subsidiary of ConvergeNet

COMPANY:                                    ConvergeNet

TYPE OF SECURITIES:                         Ordinary shares

DATE OF TRANSACTION:                        10 July 2014

CENTS PER SHARE:                            90 cents

NUMBER OF SECURITIES                        50 000
TRANSACTED:

TOTAL RAND VALUE OF                         R45 000
SECURITIES:

NATURE OF TRANSACTION:                      Disposal (on-market transaction)

NATURE AND EXTENT OF                        Direct, beneficial
DIRECTOR'S INTEREST IN THE
TRANSACTION:

CONFIRMATION THAT                           No
CLEARANCE HAS BEEN GIVEN
IN TERMS OF PARAGRAPH
3.66:


By Order of the Board
CONVERGENET HOLDINGS LIMITED

Rosebank
6 August 2014

Sponsor: AfrAsia Corporate Finance Proprietary Limited

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