smx- surgeon!, page-3

  1. 47 Posts.
    Thde last paragraph may explain the sell down.


    24/01/2003 16:49:04
    Change of Director's Interest Notice

    KAZ GROUP LIMITED 2003-01-24
    ASX-SIGNAL-G

    HOMEX - Sydney

    +++++++++++++++++++++++++
    CHANGE OF DIRECTOR'S INTEREST NOTICE


    Name of Company Kaz Group Limited

    ABN 25 002 124 405

    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.

    Nameof Director Michael O'Sullivan

    Date of last notice 02/01/2002


    Part 1 - Change of director's relevant interests in securities

    Direct or indirect interest Indirect

    Nature of indirect interest
    (including registered holder) Interest via Cassidy
    Investments Pty Ltd

    Date of change 24/01/2003

    No. of securities held prior
    to change 36,120,000 Fully Paid
    Ordinary Shares

    300,000 Options @ $0.16
    vested
    at financial year ending
    June 2000

    90,000 Options @ $0.79 vested
    at financial year ending
    June 2001

    Class Ordinary Fully Paid

    Number Acquired -

    Number disposed 7,570,750

    Value/consideration Nil (Refer to 'Nature of
    Change' below)

    No. of securities held after
    change 28,549,250 Fully Paid
    Ordinary Shares

    300,000 Options @ $0.16
    vested
    at financial year ending
    June 2000

    90,000 Options @ $0.79 vested
    at financial year ending
    June 2001

    Nature of change Pursuant to consent orders
    dated 05/12/2002 under the
    Family Law Act

    Part 2 - Change of director's relevant interests in contracts

    N/A


 
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