JCM - Johncom - Acceptance of share-based incentiv
JCM
JCM
JCM - Johncom - Acceptance of share-based incentives by executive Director
Johnnic Communications Limited
Registered in the Republic of South Africa
(Registration number 1889/000352/06)
Share code: JCM & ISIN: ZAE000024584
("Johncom")
ACCEPTANCE OF SHARE-BASED INCENTIVES BY EXECUTIVE DIRECTOR
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE
Limited, the following information, relating to the acceptance of share-based
incentives by an executive director is disclosed:
Executive director Prakash Desai
Company of which a director Johncom
Transaction date 20 August 2007
Class of securities Conditional matching awards
Number of securities 6 892
Strike Price Nil per conditional matching award
Value of transaction Conditional matching award
Vesting period Conditional matching awards vest in three years
subject to still being in the employ of Johncom
Nature of transaction Grant and acceptance of conditional matching
awards in terms of the Johncom Deferred Bonus Plan
2006
Extent of interest Direct beneficial
Clearance to deal Yes
Johannesburg
21 August 2007
Sponsor
Nedbank Capital
Date: 21/08/2007 09:44:01 Produced by the JSE SENS Department.
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