Director/PDMR Shareholding
March 29 2006 - 6:09AM
UK Regulatory
RNS Number:5839A
Brait S.A.
29 March 2006
BRAIT S.A.,
Societe Anonyme
(incorporated in Luxembourg)
(RC Luxembourg B-13861)
NOTICE OF DISPOSAL OF SHARES
("Brait")
JSE Code: BAT
Issuer code: BRAIT
ISIN code: LU 0011857645
NOTICE OF SALE OF SHARES IN TERMS OF THE LISTING REQUIREMENTS OF THE LUXEMBOURG STOCK EXCHANGE, THE JSE LIMITED AND THE
LONDON STOCK EXCHANGE PLC
In compliance with the Listings Requirements of the above exchanges and following Brait's trading announcement released
on 28 March 2006, notice is hereby given that the understated directors disposed of ordinary shares in Brait S.A. on 28
March 2006 with the Senior Chairman's approval.
Name of director Nature of Number of Price per share
interest shares
AC Ball Indirect 1,000,000 R25.40
JA Gnodde Direct 1,000,000 R25.40
CJ Tayelor Direct 864 000 R25.40
CJ Tayelor Direct 31 307 R24.60
The principals of Brait's new private equity fund, Brait IV, have made substantial commitments to invest in Brait IV in
order to align their interests with the fund investors.
The above directors have in aggregate made commitments to Brait IV in excess of the net proceeds arising from the
disposal of these shares and the primary purpose for the disposals is to fund these obligations.
Luxembourg
29 March 2006
This information is provided by RNS
The company news service from the London Stock Exchange
END
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