RBW - Rainbow Chicken - Exercise of options by directors of major subsidiary
RBW
RBW
RBW - Rainbow Chicken - Exercise of options by directors of major subsidiary
Rainbow Chicken Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1966/004972/06)
ISIN: ZAE000019063
Share Code: RBW
("Rainbow")
Exercise Of Options By Directors Of Major Subsidiary
In compliance with the JSE Limited Listings Requirements, the following
transactions made by directors of Rainbow Farms (Pty) Ltd (a major subsidiary of
Rainbow Chicken Limited) are disclosed:
Director : S B Heath
Date of transaction : 27 May 2008
Nature of transaction : Exercise of options in terms of the Rainbow
Share Incentive Scheme
Class of securities : Options in respect of ordinary shares
Number of options exercised : 118 422
Option strike price : 20 960 options at R5.10
64 000 options at R6.65
33 462 options at R10.39
Total value of transaction : R880 166.18
Nature and extent of interest : Direct beneficial
Clearance obtained : Yes
Director : C E Vauqulin
Date of transaction : 27 May 2008
Nature of transaction : Exercise of options in terms of the Rainbow
Share Incentive Scheme
Class of securities : Options in respect of ordinary shares
Number of options exercised : 107 278
Option strike price : 40 645 options at R5.10
32 000 options at R6.65
34 633 options at R10.39
Total value of transaction : R779 926.37
Nature and extent of interest : Direct beneficial
Clearance obtained : Yes
Durban
30 May 2008
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 30/05/2008 08:15:29 Produced by the JSE SENS Department.
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