ELR - ELB Group Limited - Dealing in securities by director
ELR
ELR
ELR - ELB Group Limited - Dealing in securities by director
ELB GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1930/002553/06)
ISIN: ZAE000035101
Share Code: ELR
In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:
Director: Paul Jacobus Kruger
Company: ELB Equipment Limited(a major
subsidiary of ELB Group Limited)
Date of transaction: 31 March 2008
Nature of transaction: Acceptance of options granted in
terms of the ELB Share Incentive
Scheme
Class of securities: Options in respect of ordinary
shares
Number of options: 75 000
Option strike price: 1250 cents per share
Period of exercise: Expires 10 years from date of
acceptance
Vesting: A maximum of 20% vests on the1st
anniversary of date of acceptance
A maximum of 40% vests on the 2nd
anniversary of date of acceptance
A maximum of 60% vests on the 3rd
anniversary of date of acceptance
A maximum of 80% vests on the 4th
anniversary of date of acceptance
A maximum of 100% vests on the 5th
anniversary of date of acceptance
Total value of transaction: R937 500
Nature and extent of director`s Direct beneficial
interest:
Clearance obtained: Yes
Boksburg
31 March 2008
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 31/03/2008 10:16:23 Produced by the JSE SENS Department.
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