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AVU
AVU
AVU - Avusa Limited - Acceptance of share-based incentives by executive
directors and company secretary
Avusa Limited
Registered in the Republic of South Africa
(Registration number 2008/002461/06)
Share code: AVU ISIN: ZAE000115895
("Avusa")
ACCEPTANCE OF SHARE-BASED INCENTIVES BY EXECUTIVE DIRECTORS AND COMPANY
SECRETARY
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE
Limited, the following information, relating to the acceptance of share-based
incentives by executive directors and the company secretary, is disclosed:
Executive director Prakash Desai
Company of which a director Avusa
Transaction date 27 August 2008
Class of securities Share appreciation rights
Number of securities 50 125
Strike Price R23,94 per right
Value of transaction R1 199 992,50
Vesting period Share appreciation rights vest in three years
subject to the fulfilment of a performance
condition
Nature of transaction Grant and acceptance of share appreciation
rights in terms of the Avusa Share
Appreciation Right Scheme 2008
Extent of interest Direct beneficial
Written clearance to deal Yes
Executive director Prakash Desai
Company of which a director Avusa
Transaction date 27 August 2008
Class of securities Conditional awards
Number of securities 50 125
Strike Price Nil per conditional award
Value of transaction Conditional award
Vesting period Conditional awards vest in three years
subject to the fulfilment of a performance
condition
Nature of transaction Grant and acceptance of conditional awards in
terms of the Avusa Long Term Incentive Plan
2008
Extent of interest Direct beneficial
Written clearance to deal Yes
Executive director Howard Benatar
Company of which a director Avusa
Transaction date 27 August 2008
Class of securities Share appreciation rights
Number of securities 22 055
Strike Price R23,94 per right
Value of transaction R527 996,70
Vesting period Share appreciation rights vest in three years
subject to the fulfilment of a performance
condition
Nature of transaction Grant and acceptance of share appreciation
rights in terms of the Avusa Share
Appreciation Right Scheme 2008
Extent of interest Direct beneficial
Written clearance to deal Yes
Executive director Howard Benatar
Company of which a director Avusa
Transaction date 27 August 2008
Class of securities Conditional awards
Number of securities 22 055
Strike Price Nil per conditional award
Value of transaction Conditional award
Vesting period Conditional awards vest in three years
subject to the fulfilment of a performance
condition
Nature of transaction Grant and acceptance of conditional awards in
terms of the Avusa Long Term Incentive Plan
2008
Extent of interest Direct beneficial
Written clearance to deal Yes
Company Secretary Joanne Matisonn
Company of which a company
secretary Avusa
Transaction date 27 August 2008
Class of securities Share appreciation rights
Number of securities 10 656
Strike Price R23,94 per right
Value of transaction R255 104,64
Vesting period Share appreciation rights vest in 3 years
subject to the fulfilment of a performance
condition
Nature of transaction Grant and acceptance of share appreciation
rights in terms of the Avusa Share
Appreciation Right Scheme 2008
Extent of interest Direct beneficial
Written clearance to deal Yes
Company Secretary Joanne Matisonn
Company of which a company
secretary Avusa
Transaction date 27 August 2008
Class of securities Conditional awards
Number of securities 5 920
Strike Price Nil per conditional award
Value of transaction Conditional award
Vesting period Conditional awards vest in 3 years subject to
the fulfilment of a performance condition
Nature of transaction Grant and acceptance of conditional awards in
terms of the Avusa Long Term Incentive Plan
2008
Extent of interest Direct beneficial
Written clearance to deal Yes
Johannesburg
27 August 2008
Sponsor
Nedbank Capital
Date: 27/08/2008 15:49:01 Produced by the JSE SENS Department.
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