re: not quite Yes what interested me was the 100000 shares were purchased in November at approx 87 cents each . Maybe he is averaging down Towie .
Change of Director`s Interest Notice
Document date: Fri 17 Jan 2003 Published: Fri 17 Jan 2003 12:40:46
Document No: 285433 Document part: A
Market Flag: N
Classification: Change of Director's Interest Notice
NATIONAL TELECOMS GROUP LIMITED 2003-01-17 ASX-SIGNAL-G
HOMEX - Sydney
+++++++++++++++++++++++++
CHANGE OF DIRECTOR'S INTEREST NOTICE
Name of Company National Telecoms Group Limited
ABN 48 094 312 704
We (the entity) give the 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 Morry Fraid
Date of last notice 13/01/2003
Part 1 - Change of director's relevant interests in securities
Direct or indirect interest Indirect
Nature of indirect interest
(including registered holder) Purchase of shares by Danewell
Pty Ltd (Family Investment
Company)
Date of change 1. 13 and 14/01/2003
2. 08 and 11/11/2002
No. of securities held prior
to change
500,000 options exercisable at $1.00 (Held by Morry Fraid)
PLEASE NOTE: Shares have been transferred from Monit Nominees Pty Ltd
to Danewell Pty Ltd since the last notice
13,330,711 Ordinary shares (held by Danewell Pty Ltd - Family
Investment Company)
1,550,000 Ordinary shares (held by Monit Nominees Pty Ltd - Fraid
Family Trust)
600,000 Ordinary shares (held by Zacmore Nominees Pty Ltd - Family
Investment Company)
Class Ordinary Shares
Number Acquired 1. 1,506,000
2. 100,000
Number disposed Nil
Value/consideration 1. $237,113.16
2. $87,273.00
No. of securities held after
change
500,000 options exercisable at $1.00 (Held by Morry Fraid)
14,936,711 Ordinary shares (held by Danewell Pty Ltd - Family
Investment Company)
1,550,000 Ordinary shares (held by Monit Nominees Pty Ltd - Fraid
Family Trust)
600,000 Ordinary shares (held by Zacmore Nominees Pty Ltd - Family
Investment Company)
Nature of change On-market trades
Part 2 - Change of director's relevant interests in contracts
N/A
ybe he is averaging down Towie
NTG
national telecoms group limited