MTX - Metorex Limited - Exercise of options and sale of shares by director
MTX
MEMTX
MTX - Metorex Limited - Exercise of options and sale of shares by director
METOREX LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1934/005478/06)
JSE code: MTX
ISIN: ZAE000022745
Issuer code: MEMTX
(`Metorex`)
EXERCISE OF OPTIONS AND SALE OF SHARES BY DIRECTOR
In compliance with section 3.63 of the Listings Requirements of the JSE Limited,
Metorex advises the following transaction by a director of the company in the
company`s securities:
Exercise of options and sale of shares by Mr M Smith
Date of transactions: 3 October 2008
Total number of options exercised: 40 000
Strike price of options and issue dates: 30 000 at R 2,34 - March 2004
10 000 at R 3,20 - May 2005
Total value: R 102 200
Class of securities: Ordinary shares
Nature of transaction: Exercise of options
Number of securities sold: 40 000
Price: R 12,17
Total value: R 486 80
Nature of transaction: Sale
Interest in transaction: Direct beneficial
Clearance to deal obtained: Yes
Johannesburg
7 October 2008
Sponsor:
Barnard Jacobs Mellet Corporate Finance (Pty) Ltd
Date: 07/10/2008 16:37:02 Produced by the JSE SENS Department.
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