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SRG GLOBAL LIMITED — Director's Dealing 2007
Sep 20, 2007
65852_rns_2007-09-20_abf7fc9f-3363-41fd-8b35-5ce7e45f5582.pdf
Director's Dealing
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ASX Announcement / Media Release 21 September 2007
APPENDIX 3Y
Construction services group Global Construction Services (ASX: GCS, "GCS Group") pleased find attached Appendix 3Y for change in directors' contract.
-ends-
Further Information: Katherine Knox Porter Novelli (08) 9386 1233 0421 186 129
Or visit: http://www.gcs-group.net/
About GCS Group
GCS Group (ASX: GCS) is a construction services company that supplies equipment to the construction industry such as scaffolding, formwork, material hoists, temporary accommodation and chemical toilets together with a range of related labour and design services.
The company's major customers are involved in residential, commercial and industrial construction and include Multiplex, Mirvac and Leighton Holdings.
GCS Group is forecasting net profit of \$8.2 million for FY08, equating to 12.5 cents per share.
GCS Group's strategy for growth is to focus primarily on servicing the West Australian construction industry. In addition, the Company intends to explore opportunities to diversify into related industries and industry sectors and acquire selected new businesses that create value for shareholders.
Appendix 3Y
Rule 3.19A.2
Change of Director's Interest Notice
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.
Introduced 30/9/2001.
| Name of entity | Global Construction Services Limited |
|---|---|
| ABN | 104 662 259 |
We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.
| Name of Director | Salvatore (Sam) Mangione |
|---|---|
| Date of last notice | 20 August 2007 |
Part 1 - Change of director's relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.
Not Applicable - no change in securities
Part 2 – Change of director's interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.
| Detail of contract | Commercial Lease |
|---|---|
| Nature of interest | GCS Unit Trust is an entity related to Salvatore (Sam) |
| Mangione. | |
| The GCS Unit Trust, has acquired from Miami Holdings | |
| (Just Hire), two vacant parcels of land on standard | |
| commercial terms. Miami Holdings will enter into a | |
| commercial lease for a period of not less than 10 years | |
| (minimum) with the GCS Unit Trust for its new offi | |
| ce/warehouse and storage facility in Port Kennedy. It is | |
| envisaged the completion date will be December 2007. | |
| The GCS Unit Trust will prepare the site ready for lease | |
| including constructing any buildings required. The | |
| premises will be independently valued and rental on the | |
| lease will be equal to the amount that returns to the GCS | |
| Unit Trust a 7% return on its investment. |
+ See chapter 19 for defined terms.
| Name of registered holder | |
|---|---|
| (if issued securities) | |
| Date of change | 19 September 2007 - previously announced in Prospectus |
| No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed |
NA |
| Interest acquired | NA |
| Interest disposed | NA |
| Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation |
NA |
| Interest after change | NA |
+ See chapter 19 for defined terms.
Appendix 3Y
Rule 3.19A.2
Change of Director's Interest Notice
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.
Introduced 30/9/2001.
| Name of entity | Global Construction Services Limited |
|---|---|
| ABN | 104 662 259 |
We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.
| Name of Director | Vincenzo (Enzo) Gullotti |
|---|---|
| Date of last notice | 20 August 2007 |
Part 1 - Change of director's relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.
Not Applicable - no change in securities
Part 2 – Change of director's interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.
| GCS Unit Trust is an entity related to Enzo Gullotti. Nature of interest |
Detail of contract | Commercial Lease |
|---|---|---|
| Unit Trust a 7% return on its investment. | The GCS Unit Trust, has acquired from Miami Holdings (Just Hire), two vacant parcels of land on standard commercial terms. Miami Holdings will enter into a commercial lease for a period of not less than 10 years (minimum) with the GCS Unit Trust for its new offi ce/warehouse and storage facility in Port Kennedy. It is envisaged the completion date will be December 2007. The GCS Unit Trust will prepare the site ready for lease including constructing any buildings required. The premises will be independently valued and rental on the lease will be equal to the amount that returns to the GCS |
+ See chapter 19 for defined terms.
| Name of registered holder | |
|---|---|
| (if issued securities) | |
| Date of change | 19 September 2007 - previously announced in Prospectus |
| No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed |
NA |
| Interest acquired | NA |
| Interest disposed | NA |
| Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation |
NA |
| Interest after change | NA |
+ See chapter 19 for defined terms.