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YRK - The York Timber Organisation Limited - Directors` Dealings In Securities

Release Date: 17/04/2008 12:45
Code(s): YRK
Wrap Text

YRK - The York Timber Organisation Limited - Directors` Dealings In Securities The York Timber Organisation Limited (Registration number 1916/004890/06) Share code: YRK ISIN: ZAE000008108 ("York") DIRECTORS` DEALINGS IN SECURITIES In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited ("JSE Listing Requirements"), the following information is disclosed: Name of director: PC Botha Date of transaction 17 April 2008 Class of securities: Ordinary shares Nature of transaction: Purchase Number of securities purchased: 8,013,462 Purchase price for 8 million shares: R25.17 Purchase price for 7,735 shares: R24.50 Purchase price for 5,727 shares: R25.00 Nature of director`s interest: Indirect, non-beneficial as a result of being a
principal of Lereko Metier Capital Growth Fund Total value of transactions R201.7 million Name of director: A Bonamour Date of transaction 17 April 2008 Class of securities: Ordinary shares Nature of transaction: Disposal Number of securities purchased: 8,000,000 Purchase price per ordinary share: R25.17 Nature of director`s interest: Indirect, non-beneficial as a result of interest held in the sub-advisor of
Blackstar Investors plc ("Blackstar") Value of transaction R201.3 million Clearance to deal was obtained in accordance with paragraph 3.66 of the JSE Listings Requirements. Subsequent to the above transactions, the Lereko Metier Capital Growth Fund`s interest in York has increase to 14.1%, bringing York`s BEE shareholding to 39%. Blackstar will remain a significant and valued shareholder in York with an interest of 10.4% in the ordinary share capital of York and will remain fully invested in the preference shares. Sabie 17 April 2008 Acting Sponsor Barnard Jacobs Mellet Corporate Finance Date: 17/04/2008 12:45:48 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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