MTX
MEMTX
MTX - Metorex - Exercise of options 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 BY DIRECTOR
In compliance with section 3.63 of the Listings Requirements of the JSE Limited,
Metorex advises the following transaction by a director of Metorex Limited:
Exercise of options by Mr. CDS Needham
Date of transaction: 24 August 2007
Option issue dates: 10 July 2003; 5 March 2004; 18
May 2005
Total number of options 18 750 shares; 56 250 shares;
exercised: 110 000 shares
Strike price of options: R2.20; R2.34; R3.20
Total value: R524 875
Class of securities: Ordinary shares
Nature of transaction: Exercise of options
Interest in transaction: Direct beneficial
Clearance to deal Yes
obtained:
Johannesburg
24 August 2007
Sponsor:
Barnard Jacobs Mellet Corporate Finance (Pty) Limited
Date: 24/08/2007 13:04:02 Produced by the JSE SENS Department.
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