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GBG
GBG
GBG - Great Basin - Grant and acceptance of share options by directors and
officers of the company
GREAT BASIN GOLD LIMITED
(Incorporated in Canada and registered as an External Company in South Africa)
(Registration No. 2006/021304/10)
Share Code: GBG ISIN Number: CA3901241057
("Great Basin" or "the Company")
GRANT AND ACCEPTANCE OF SHARE OPTIONS BY DIRECTORS AND OFFICERS OF THE COMPANY
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE, the
following information is disclosed in respect of the grant and acceptance of
share options for Great Basin ordinary shares by the directors and officers of
Great Basin on 4 April 2008:
Name Number Strike Value
awarded price
P R Cooke 110 000 C$3.60 C$396 000
(Non-executive)
D J Copeland 110 000 C$3.60 C$396 000
(Non-executive)
T B Coughlan 110 000 C$3.60 C$396 000
(Non-executive)
F Dippenaar 660 000 C$3.60 C$2 376 000
(Chief Executive Officer)
D M S Elliot 110 000 C$3.60 C$396 000
(Non-executive)
H W Kirk 110 000 C$3.60 C$396 000
(Non-executive)
S A Nkosi 110 000 C$3.60 C$396 000
(Non-executive)
W T Segsworth 135 000 C$3.60 C$486 000
(Non-executive)
R W Thiessen 148 000 C$3.60 C$532 800
(Non-executive)
W Beckmann 220 000 C$3.60 C$792 000
(Company secretary)
D Mostert 220 000 C$3.60 C$792 000
(Officer)
J Oelofse 330 000 C$3.60 C$1 188 000
(Chief Operating Officer)
L A van Vuuren 440 000 C$3.60 C$1 584 000
(Chief Financial Officer)
These share options have been granted in terms of the Great Basin Share Option
Scheme. The options expire on 4 April 2013.
The transaction is classified as direct beneficial for all directors and
officers. The required prior written clearance for the grant and acceptance of
these share options has been obtained.
Johannesburg
16 April 2008
Sponsor
Nedbank Capital
Date: 16/04/2008 10:00:21 Produced by the JSE SENS Department.
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