MTX - Metorex - Exercise Of Options And Sale Of Sh
MTX
MEMTX
MTX - Metorex - Exercise Of Options And Sale Of Shares By Director
METOREX LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1934/005478/06)
JSE code: MTX
ISIN: ZAE000022745
Issuer code MEMTX
("Metorex")
EXERCISE OF OPTIONS AND SALE OF SHARES BY DIRECTOR
In compliance with section 3.63 of the Listings Requirements of the JSE
Limited, Metorex advises the following transactions by executive directors
of the company in the company`s securities:
Exercise of options by Mr. KC Spencer
Date of transaction: 6 June 2007
Option issue dates: 29 April 2002
Total number of options exercised: 150 000
Strike price of options: R3.30
Total value: R495 000
Class of securities: Ordinary shares
Nature of transaction: Exercise of options
Interest in transaction: Direct beneficial
Clearance to deal obtained: Yes
Sale of shares by Mr. KC Spencer
Date of transaction: 6 June 2007
Number of securities: 50 000
Price: R26.50
Total value: R1 325 000
Class of securities: Ordinary shares
Nature of transaction: Sale
Interest in transaction: Direct beneficial
Clearance to deal obtained: Yes
Johannesburg
6 June 2007
Sponsor:
Barnard Jacobs Mellet Corporate Finance (Pty) Limited
Date: 06/06/2007 16:22:00 Produced by the JSE SENS Department.
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