» Dealing in Securities by Associates of a Director

Dealing in Securities by Associates of a Director

Posted on: 25 October 2012


Shareholders are advised of the following information relating to the dealing in securities by associates of a director of the company.

Name of associateHollyrood Investments (Pty) Ltd
Name of directorDes de Beer, who owns 100% of Hollyrood Investments (Pty) Ltd
Transaction date23 October 2012
Class of securitiesLetters of allocation (JSE code NEPN)
Number of securities81 247
Price per securityR4.00
Total valueR324 988
Nature of transactionOn-market purchase
Nature and extent of director’s interestIndirect beneficial
Name of associateOptimprops 3 (Pty) Ltd
Name of directorDes de Beer, who has a 50% interest in Optimprops 3 (Pty) Ltd
Transaction date23 October 2012
Class of securitiesLetters of allocation (JSE code NEPN)
Number of securities31 999
Price per securityR4.00
Total valueR127 996
Nature of transactionOn-market purchase
Nature and extent of director’s interestIndirect beneficial
Name of associateThe Suni Trust
Name of directorDes de Beer, who is a trustee and beneficiary of The Suni Trust
Transaction date23 October 2012
Class of securitiesLetters of allocation (JSE code NEPN)
Number of securities150 000
Price per securityR4.00
Total valueR600 000
Nature of transactionOn-market sale
Nature and extent of director’s interestIndirect beneficial
Name of associateThe Suni Trust
Name of directorDes de Beer, who is a trustee and beneficiary of The Suni Trust
Transaction date24 October 2012
Class of securitiesLetters of allocation (JSE code NEPN)
Number of securities167 009
Price per securityR4.00
Total valueR668 036
Nature of transactionOn-market sale
Nature and extent of director’s interestIndirect beneficial