AVU - Avusa Limited - Acceptance of share-based incentives by an executive
AVU
AVU
AVU - Avusa Limited - Acceptance of share-based incentives by an executive
director
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 AN EXECUTIVE DIRECTOR
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 an executive director, is disclosed:
Executive director Prakash Desai
Company of which a director Avusa
Transaction date 27 August 2008
Class of securities Conditional matching awards
Number of securities 25 541
Strike Price Nil per conditional matching award
Value of transaction Conditional matching award
Vesting period Conditional matching awards vest in three years
subject to still being in the employ of Avusa
Nature of transaction Grant and acceptance of conditional matching
awards in terms of the Avusa Deferred Bonus Plan
2008
Extent of interest Direct beneficial
Clearance to deal Yes
Johannesburg
28 August 2008
Sponsor
Nedbank Capital
Date: 28/08/2008 14:30:01 Produced by the JSE SENS Department.
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