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TASTE HOLDINGS LIMITED - Exercise of Options and Sale of Shares by a Director and a Director of a Major Subsidiary

Release Date: 22/07/2015 15:40
Code(s): TAS     PDF:  
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Exercise of Options and Sale of Shares by a Director 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 A DIRECTOR AND A DIRECTOR OF A MAJOR SUBSIDIARY

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 Carlo Gonzaga
 Company:                                      Taste Holdings Limited
 Nature of the 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:                          20 July 2015
 Option strike price:                          R0.43
 Number of securities:                         613 112
 Selling price per security:                   R4.72
 Total value of transaction:                   R2 893 888.64

 Name of director:                             Mr Arvid Smedsrud
 Company:                                      Buon Gusto Cuisine Proprietary Limited, a major subsidiary
                                               of Taste
 Nature of the 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:                          20 July 2015
 Option strike price:                          R0.43
 Number of securities:                         240 000
 Selling price per security:                   R4.72
 Total value of transaction:                   R1 132 800.00

Johannesburg
22 July 2015

Sponsor
Merchantec Capital

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