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ART
ART
ART - Argent - Exercise Of Share Options By Directors
ARGENT INDUSTRIAL LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1993/002054/06)
(Share code: ART & ISIN: ZAE000019188)
("Argent" or "the Company")
EXERCISE OF SHARE OPTIONS BY DIRECTORS
Arcay Moela Sponsors (Pty) Limited is authorised to announce that as at 5
December 2007, the following directors exercised share options in the
Company :
M Allen MJ Antonic SJ Cox Chop Trust
- T Hendry
Allot at R2.51 4 706
Allot at R3.44 40 000
Allot at R4.00 8 000
Allot at R5.40 8 250 8 250
Allot at R4.53 4 222
Allot at R10.65 30 000 30 000
Allot at R11.65 37 900
Allot at R17.90 10 000 10 000 35 000 50 000
Total shares 86 150 105 178 35 000 50 000
allotted
Total Rand 984 585.00 743 587.72 626 500.00 895 000.00
value
P Day AF T Scharrig- D Smith
Litschka huisen
Allot at R2.51
Allot at R3.44 30 000
Allot at R4.00
Allot at R5.40 8 250
Allot at R4.53 4 222
Allot at R10.65 2 000 12 000 3 500
Allot at R11.65
Allot at R17.90 10 000 50 000 10 000
Total shares 2 000 10 000 104 472 13 500
allotted
Total Rand 21 300.00 179 000.00 1 189 675.66 216 275.00
value
G Youngman
Allot at R2.51
Allot at R3.44
Allot at R4.00
Allot at R5.40
Allot at R4.53
Allot at R10.65
Allot at R11.65 15 521
Allot at R17.90 5 000
Total shares 20 521
allotted
Total Rand 270 319.65
value
NWN* - SJ NWN* - TR NWN* - MP NWN* - MJ
Cox Hendry Allen Antonic
Allot at R17.90 15 000 15 000 15 000 15 000
Total shares 15 000 15 000 15 000 15 000
allotted
Total Rand 268 500.00 268 500.00 268 500.00 268 500.00
value
NWN* - AF NWN* - D
Litschka Smith
Allot at R17.90 15 000 15 000
Total shares 15 000 15 000
allotted
Total Rand 268 500.00 268 500.00
value
* - NWN Automotive Precision Engineering
SUMMARY Allotted Rand Value
Allot at R2.51 4 706 11 812.06
Allot at R3.44 70 000 240 800.00
Allot at R4.00 8 000 32 000.00
Allot at R5.40 24 750 133 650.00
Allot at R4.53 8 444 38 251.32
Allot at R10.65 77 500 825 375.00
Allot at R11.65 53 421 622 354.65
Allot at R17.90 270 000 4 833 000.00
Total shares 516 821 6 737 243.03
allotted
All options were exercised on ordinary shares, and clearance was obtained
prior to the exercising of the options. The shares are directly and
beneficially held.
Maraisburg
6 December 2007
Sponsor
Sansara Independent Sponsor Services (Pty) Limited
Date: 07/12/2007 07:30:02 Produced by the JSE SENS Department.
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