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AVI
AVI
AVI - AVI Limited - Acceptance By Directors Of A Major Subsidiary Of Annual
Option Allocations
AVI Limited
(Registration number 1944/017201/06)
Share code: AVI
ISIN: ZAE000049433
("AVI" or "the Group")
ACCEPTANCE BY DIRECTORS OF A MAJOR SUBSIDIARY OF ANNUAL OPTION ALLOCATIONS
In compliance with the Listings Requirements of the JSE Limited, the following
information is disclosed with respect to options allocated annually to
participants who are on the October cycle:
Director : Mark Blanckenberg
Company : National Brands Ltd
Date of transaction : 30 October 2008
Nature of transaction : Acceptance of options in the AVI Out-
Performance Scheme
Class of securities : Options in respect of ordinary shares
Number of options granted : 51,406
Option allocation price : R15.65
Vesting : In full on the third anniversary of allocation,
subject to performance measurement
Total value of transaction : R804,503.90
Nature and extent of
director`s interest : Direct beneficial
Clearance obtained : Yes
Director : Francois Kuttel
Company : Irvin & Johnson Holding Company (Pty) Ltd
Date of transaction : 31 October 2008
Nature of transaction : Acceptance of options in the AVI Out-
Performance Scheme
Class of securities : Options in respect of ordinary shares
Number of options granted : 84,231
Option allocation price : R15.65
Vesting : In full on the third anniversary of allocation,
subject to performance measurement
Total value of transaction : R1,318,215.15
Nature and extent of
director`s interest : Direct beneficial
Clearance obtained : Yes
Illovo
03 November 2008
Sponsor
Standard Bank
Date: 03/11/2008 10:12:01 Produced by the JSE SENS Department.
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