DIRECTORS` DEALING IN SECURITIES

 

TIDMPTMN 
 
RNS Number : 1123V 
Petmin Limited 
27 October 2010 
 
PETMIN LIMITED 
Incorporated in the Republic of South Africa 
Registration Number 1972/001062/06 
Share Code JSE: PET & ISIN: ZAE000076014 
Share Code AIM: PTMN 
("Petmin" or "the Company") 
 
DIRECTORS` DEALING IN SECURITIES AND APPOINTMENT OF LEAD INDEPENDENT DIRECTOR 
 
Shareholders are advised that, the company was informed on the 27 October 2010 
that in terms of paragraphs 3.63 - 3.74 of the Listings Requirements of the JSE 
Limited the following information relating to dealing in securities by a 
director of the company be disclosed: 
 
Director: Mr. Ian Cockerill (Executive Chairman) 
Date: 27 October 2010 
Price: R2,84 cents per share 
Number of shares: 5 400 000 
Class: Ordinary shares 
Nature: Issue of shares per employment contract 
Total consideration: R15 336 000,00 
Extent of Directors` interest: DIRECT - beneficial 
 
The above shares will be issued at the 30 day VWAP and subsequent to 
shareholders approval to be requested from shareholders at the AGM. The only 
condition will be that Cockerill remains in the employ of Petmin for a three 
year period.  After each completed year, he will be entitled to dispose of one 
third of the shares. 
 
Clearance has been received in terms of rule 3.66 of the JSE`s 
Listings Requirements in respect of the above transaction. 
 
The board is furthermore pleased to announce that Mr. John Taylor (63) - BEng 
(Hons) Metallurgy, currently a non-executive director of Petmin has been 
appointed as lead independent director as required by King III. John has 29 
years' experience with BHP Billiton as a senior metallurgist. His production 
experience includes gold, uranium, copper, iron ore, sulphuric acid production, 
lead and alloys, ferromanganese, silicon metal, zinc and manganese metals. John 
has extensive experience (as a project director) ranging from feasibility 
studies (including research and development management) to design, construction, 
commissioning and operations. 
 
 
Johannesburg 
27 October 2010 
 
Enquiries: 
Petmin 
Bradley Doig (COO) 
[phone] 
 
Nominated Advisor (AIM) 
Numis Securities Limited 
John Harrison 
[phone] 
 
Sponsor and Corporate Advisor (JSE) 
River Group 
Andrew Lianos 
[phone] 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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