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ELLIES HOLDINGS LIMITED - Dealings in securities by directors, associates of directors and the company secretary of the company

Release Date: 21/01/2015 17:00
Code(s): ELI     PDF:  
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Dealings in securities by directors, associates of  directors and the company secretary of the company

ELLIES HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2007/007084/06)
JSE share code: ELI ISIN: ZAE000103081
(“Ellies” or the “company”)


DEALINGS IN SECURITIES BY DIRECTORS, ASSOCIATES OF DIRECTORS AND THE COMPANY SECRETARY OF
THE COMPANY


Shareholders are referred to the announcement dated 11 December 2014 in which the company announced that, inter alia, it was
undertaking a rights offer to Ellies shareholders for a maximum of 104 551 107 new Ellies shares at an issue price of 110 cents each
(the “rights offer”) and the subsequent announcements dated 18 December 2013, 29 December 2014 and 19 January 2015 relating
thereto. Shareholders are advised that pursuant to the rights offer, which closed on 16 January 2015, the following directors,
associates of directors and the company secretary of the company have followed their rights (and in the case of Elliot Salkow and
Ryan Otto received excess allocations), as a result of which they have purchased the number of shares indicated against their names
below:

Name of director:                                             Elliot Salkow
Transaction date:                                             19 January 2015
Class of securities:                                          Ordinary shares
Number of securities:                                         22 901 020
Price per security:                                           R1.10
Total value of transaction:                                   R25 191 122.00
Nature of transaction:                                        Off-market purchase in terms of the rights offer
Nature and extent of director’s interest:                     Direct beneficial
Clearance to deal received:                                   Yes

Name of associate:                                            Camilla Salkow
Name of director:                                             Elliot Salkow
Relationship to director:                                     Wife
Transaction date:                                             19 January 2015
Class of securities:                                          Ordinary shares
Number of securities:                                         215 651
Price per security:                                           R1.10
Total value of transaction:                                   R237 216.10
Nature of transaction:                                        Off-market purchase in terms of the rights offer
Nature and extent of director’s interest:                     Direct beneficial

Name of director:                                             Ryan Otto
Transaction date:                                             19 January 2015
Class of securities:                                          Ordinary shares
Number of securities:                                         11 181 309
Price per security:                                           R1.10
Total value of transaction:                                   R12 299 439.90
Nature of transaction:                                        Off-market purchase in terms of the rights offer
Nature and extent of director’s interest:                     Direct beneficial
Clearance to deal received:                                   Yes

Name of director:                                             Wayne Samson
Transaction date:                                             19 January 2015
Class of securities:                                          Ordinary shares
Number of securities:                                         883 200
Price per security:                                           R1.10
Total value of transaction:                                   R971 520.00
Nature of transaction:                                        Off-market purchase in terms of the rights offer
Nature and extent of director’s interest:                     Direct beneficial
Clearance to deal received:                                   Yes

Name of director:                                             Irwin Lipworth
Transaction date:                                             19 January 2015
Class of securities:                                          Ordinary shares
Number of securities:                                         169 875
Price per security:                                           R1.10
Total value of transaction:                                   R186 862.50
Nature of transaction:                                        Off-market purchase in terms of the rights offer
Nature and extent of director’s interest:                     Direct beneficial
Clearance to deal received:                                   Yes

Name of company secretary:                                    Neville Toerien
Transaction date:                                             19 January 2015
Class of securities:                                          Ordinary shares
Number of securities:                                         3 000
Price per security:                                           R1.10
Total value of transaction:                                   R3 300.00
Nature of transaction:                                        Off-market purchase in terms of the rights offer
Nature and extent of director’s interest:                     Direct beneficial
Clearance to deal received:                                   Yes

Name of director:                                             Raymond Berkman
Transaction date:                                             19 January 2015
Class of securities:                                          Ordinary shares
Number of securities:                                         719 013
Price per security:                                           R1.10
Total value of transaction:                                   R790 914.30
Nature of transaction:                                        Off-market purchase in terms of the rights offer
Nature and extent of director’s interest:                     Direct beneficial
Clearance to deal received:                                   Yes

Name of associate:                                            The Raymond Berkman Trust
Name of director and relationship to director:                Raymond Berkman, who is a trustee of The Raymond Berkman
                                                              Trust
Transaction date:                                             19 January 2015
Class of securities:                                          Ordinary shares
Number of securities:                                         1 456 318
Price per security:                                           R1.10
Total value of transaction:                                   R1 601 949.80
Nature of transaction:                                        Off-market purchase in terms of the rights offer
Nature and extent of director’s interest:                     Direct beneficial

Name of associate:                                            Savilas Properties (Pty) Ltd
Name of director and relationship to director:                Raymond Berkman, who is a director of Savilas Properties (Pty)
                                                              Ltd which is owned by The Raymond Berkman Trust of which
                                                              Raymond Berkman is a trustee
Transaction date:                                             19 January 2015
Class of securities:                                          Ordinary shares
Number of securities:                                         1 457 829
Price per security:                                           R1.10
Total value of transaction:                                   R1 603 611.90
Nature of transaction:                                        Off-market purchase in terms of the rights offer
Nature and extent of director’s interest:                     Direct beneficial

Further to the information disclosed and set out in the rights offer circular dated 24 December 2014, shareholders are advised that:

    - Raymond Berkman followed his rights, directly and indirectly, in terms of the rights offer in respect of an additional 3 650 593
      Ellies shares, acquiring a direct or indirect beneficial interest in an additional 1 095 178 Ellies shares pursuant to the rights
      offer (all of which is disclosed hereinbefore); and
    - Malcolm Goodford did not follow his rights in terms of the rights offer as a result of his accidental omission to timeously
      notify his brokers of his intention to follow his rights.

21 January 2015


Sponsor
Java Capital

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