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ESR - Esor Limited - Directors dealing in securities

Release Date: 16/11/2007 13:23:24      Code(s): ESR
ESR - Esor Limited - Directors dealing in securities                            
Esor Limited                                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 1994/000732/06)                                            
(JSE code: ESR & ISIN: ZAE000078408)                                            
("Esor" or "the company")                                                       
DIRECTORS DEALING IN SECURITIES                                                 
In terms of paragraph 3.63 to 3.65 of the JSE Limited Listings Requirements,    
the following information relating to transactions on the open market of        
ordinary shares by a director of Esor is disclosed as follows:                  
Zero Cost Collar:                                                               
Name of director:             R McLintock                                       
Trading date:                 15 November 2007                                  
Nature of transaction/                                                          
option structure:             Collar                                            
Expiry date:                  16 November 2009                                  
Spot Reference Price:         860 cents per share                               
Put Strike Price:             860 cents per share                               
Call Strike Price:            1165 cents per share                              
Number of shares:             500 000                                           
Total amount:                 R4 300 000.00                                     
Class of security:            Ordinary Shares                                   
Nature of interest:           Direct Beneficial                                 
Clearance obtained:           Yes                                               
In terms of paragraph 3.63 to 3.65 of the JSE Limited Listings Requirements,    
the following information relating to a transaction on the open market of       
ordinary shares by directors of Esor`s major subsidiary, Franki Africa (Pty)    
Limited ("Franki") is disclosed, as follows:                                    
Zero Cost Collar:                                                               
Name of director:             D Coetzee                                         
Trading date:                 15 November 2007                                  
Nature of transaction/                                                          
option structure:             Collar                                            
Expiry date:                  16 November 2009                                  
Spot Reference Price:         860 cents per share                               
Put Strike Price:             860 cents per share                               
Call Strike Price:            1165 cents per share                              
Number of shares:             300 000                                           
Total amount:                 R2 580 000.00                                     
Class of security:            Ordinary Shares                                   
Nature of interest:           Direct Beneficial                                 
Clearance obtained:           Yes                                               
Name of director:             R Goss                                            
Trading date:                 15 November 2007                                  
Nature of transaction/                                                          
option structure:             Collar                                            
Expiry date:                  16 November 2009                                  
Spot Reference Price:         860 cents per share                               
Put Strike Price:             860 cents per share                               
Call Strike Price:            1165 cents per share                              
Number of shares:             980 000                                           
Total amount:                 R8 428 000.00                                     
Class of security:            Ordinary Shares                                   
Nature of interest:           Direct Beneficial                                 
Clearance obtained:           Yes                                               
Name of director:             G Byrne                                           
Trading date:                 15 November 2007                                  
Nature of transaction/                                                          
option structure:             Collar                                            
Expiry date:                  15 November 2010                                  
Spot Reference Price:         860 cents per share                               
Put Strike Price:             860 cents per share                               
Call Strike Price:            1315 cents per share                              
Number of shares:             500 000                                           
Total amount:                 R4 300 000.00                                     
Class of security:            Ordinary Shares                                   
Nature of interest:           Indirect Beneficial                               
Clearance obtained:           Yes                                               
Sale of shares:                                                                 
Name of director:             M Taitz                                           
Date of transaction:          15 November 2007                                  
Nature of transaction:        Sale                                              
Price:                        860 cents per share                               
Number of shares:             200 000                                           
Total amount:                 R1 720 000.00                                     
Class of security:            Ordinary Shares                                   
Nature of interest:           Direct Beneficial                                 
Clearance obtained:           Yes                                               
Name of director:             R Louw                                            
Date of transaction:          15 November 2007                                  
Nature of transaction:        Sale                                              
Price:                        860 cents per share                               
Number of shares:             425 000                                           
Total amount:                 R3 655 000.00                                     
Class of security:            Ordinary Shares                                   
Nature of interest:           Direct Beneficial                                 
Clearance obtained:           Yes                                               
Name of director:             I Olivier                                         
Date of transaction:          15 November 2007                                  
Nature of transaction:        Sale                                              
Price:                        860 cents per share                               
Number of shares:             450 000                                           
Total amount:                 R3 870 000.00                                     
Class of security:            Ordinary Shares                                   
Nature of interest:           Direct Beneficial                                 
Clearance obtained:           Yes                                               
Name of director:             G Byrne                                           
Date of transaction:          15 November 2007                                  
Nature of transaction:        Sale                                              
Price:                        860 cents per share                               
Number of shares:             500 000                                           
Total amount:                 R4 300 000.00                                     
Class of security:            Ordinary Shares                                   
Nature of interest:           Indirect Beneficial                               
Clearance obtained:           Yes                                               
Name of director:             D Coetzee                                         
Date of transaction:          15 November 2007                                  
Nature of transaction:        Sale                                              
Price:                        860 cents per share                               
Number of shares:             500 000                                           
Total amount:                 R4 300 000.00                                     
Class of security:            Ordinary Shares                                   
Nature of interest:           Direct Beneficial                                 
Clearance obtained:           Yes                                               
16 November 2007                                                                
Johannesburg                                                                    
Designated Adviser                                                              
Exchange Sponsors (Pty) Ltd                                                     
Date: 16/11/2007 13:23:24 Supplied by www.sharenet.co.za                     
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