KIO - Kumba Iron Ore Limited - Exercise and subsequent sale of share options by
KIO
KIO
KIO - Kumba Iron Ore Limited - Exercise and subsequent sale of share options by
director of major subsidiary
Kumba Iron Ore Limited
A member of the Anglo American plc group
(Incorporated in the Republic of South Africa)
(Registration number 2005/015852/06)
JSE Share code: KIO
ISIN: ZAE000085346
("Kumba")
EXERCISE AND SUBSEQUENT SALE OF SHARE OPTIONS BY DIRECTOR OF MAJOR SUBSIDIARY
In compliance with the Listings Requirements of the JSE Limited, the following
information is disclosed:
Name of major subsidiary: Sishen Iron Ore Company (Pty) Ltd
Name of director: Aart van Den Brink
Date of transaction: 27 June 2008
Option strike price: R26.40
Number of options 1,750
Class of securities Options in respect of ordinary shares
Value of exercise: R46,200.00
Number of shares sold: 1750
Selling price: 750 shares @ R321.00 per share
1000 shares @ R321.46 per share
Value of sale: R562,210.00
Nature of transaction: Exercise of options and subsequent sale of
shares in respect of the share options
Nature and extent of Direct beneficial
director`s interest:
Clearance in terms of 3.66 of the JSE Listings Requirements has been obtained.
Centurion
30 June 2008
Enquiries contact:
Mr VF Malie
Company Secretary
Kumba Iron Ore Limited
Tel: (012) 683 7060
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 30/06/2008 16:18:01 Produced by the JSE SENS Department.
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