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ART
ART
ART - Argent Industrial Limited - 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 26 March
2008, the following directors exercised share options in the Company:
M Allen MJ Antonic SJ Cox Hendry
Family
Trust - T
Hendry
Allot at R3.44
Allot at R4.00
Allot at R17.00 7 000 7 000 10 000 10 000
Total shares 7 000 7 000 10 000 10 000
allotted
Total Rand R119 000 R119 000 R170 000 R170 000
value
P Lawson AF Litschka D Smith G Youngman
Allot at R3.44 40 000
Allot at R4.00 16 000
Allot at R17.00 7 000 7 000 18 000
Total shares 56 000 7 000 7 000 18 000
allotted
Total Rand R201 600 R119 000 R119 000 R306 000
value
NWN* - SJ NWN* - TR NWN* - MP NWN* - MJ
Cox Hendry Allen Antonic
Allot at R17.00 26 000 26 000 26 000 26 000
Total shares 26 000 26 000 26 000 26 000
allotted
Total Rand R442 000 R442 000 R442 000 R442 000
value
NWN* - AF NWN* - D
Litschka Smith
Allot at R17.00 26 000 26 000
Total shares 26 000 26 000
allotted
Total Rand R442 000 R442 000
value
* - NWN Automotive Precision Engineering
SUMMARY Allotted Rand Value
Allot at R3.44 40 000 137 600
Allot at R4.00 16 000 64 000
Allot at R17.00 222 000 3 774 000
Total shares 278 000 3 975 600
allotted
All options were exercised on ordinary shares, and clearance was obtained prior
to the exercising of the options. The shares allocated to individual directors
are directly and beneficially held, whilst the shares held through NWN are
indirectly but beneficially held.
Maraisburg
27 March 2008
Sponsor
Arcay Moela Sponsors (Pty) Limited
Date: 27/03/2008 15:03:01 Produced by the JSE SENS Department.
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