AFE - AECI LIMITED - Exercise of options and subsequent sale of shares by
AFE
AFE
AFE - AECI LIMITED - Exercise of options and subsequent sale of shares by
director
AECI LIMITED
Incorporated in the Republic of South Africa
(Registration No. 1924/002590/06)
Share code: AFE ISIN No. ZAE000000220
EXERCISE OF OPTIONS AND SUBSEQUENT SALE OF SHARES BY DIRECTOR
In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:
Director: Mr S Engelbrecht
Company: AECI Limited
Date of transaction: 2 December 2008
Nature of transaction: Exercise of options
Class of securities: Options in respect of ordinary
shares
Number of options exercised: 40,000
Option strike price: R17.50
Date option issued: 2 January 2002
Value of transaction: R700,000
Date of transaction: 2 December 2008
Nature of transaction Sale of shares
Class of securities Ordinary shares
Number of shares sold: 25,304
Selling price: R45.1422
Value of transaction: R1,142,278
Nature of director`s interest: Direct beneficial
Clearance obtained: Yes, from Chairman
Woodmead
3 December 2008
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 03/12/2008 10:52:02 Produced by the JSE SENS Department.
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