| Mon 15 Dec 2008, 17:45 | | AFO - Aflease Gold Limited - Dealing in securities by directors |
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AFO
AFO
AFO - Aflease Gold Limited - Dealing in securities by directors
Aflease Gold Limited
(Incorporated in the Republic of South Africa)
(Registration number 1984/006179/06)
JSE Share code: AFO
ISIN: ZAE000075867
International Prime QX (OTCQX): AFSGY
("Aflease")
DEALING IN SECURITIES BY DIRECTORS
In compliance with rule 3.63 of the JSE Listings Requirements, the
following information is disclosed:
Director: S Zungu
Position held: Non-executive Chairman
Date of transaction: 11 December 2008
Number of share options: 200 000
Strike price: 1.05 cents per share
Extent of interest: Direct beneficial
Value of transaction: R210 000
Nature of transaction: Grant and acceptance of
share options
Written permission to deal: Yes
In the event that the scheme of arrangement ("scheme") is
implemented as published in the announcements dated 20
November 2008 and 26 November 2008, Mr S Zungu will be
offered 270,000 share options at a strike price of R1.35
cents per share with a value of R364,500 in substitution
for the above-mentioned options. The options were granted
in terms of the Aflease Gold Share Incentive Scheme and
if the scheme is implemented, the substitute options will
be granted in terms of the BMA Gold Limited Replacement
Option Plan ("Replacement Option Plan") details of which
are set out in the scheme document and pre-listing
statement to be issued on 19 December 2008 and approved
by the JSE Limited.
Director: S Swana
Position held: Non-executive Director
Date of transaction: 11 December 2008
Number of share options: 150 000
Strike price: 1.05 cents per share
Value of transaction: R157 500
Extent of interest: Direct beneficial
Nature of transaction: Grant and acceptance of
share options
Written permission to deal: Yes
In the event that the scheme is implemented, Mr S Swana will be
offered 202,500 share options at a strike price of R1.35
cents per share with a value of R273,375 in substitution
for the above-mentioned options. The substitute options
will be granted in terms of the Replacement Option Plan.
Director: S Maziya
Position held: Non-executive Director
Date of transaction: 11 December 2008
Number of share options: 150 000
Strike price: 1.05 cents per share
Value of transaction: R157 500
Extent of interest: Direct beneficial
Nature of transaction: Grant and acceptance of
share options
Written permission to deal: Yes
In the event that the scheme is implemented, Ms S Maziya will be
offered 202,500 share options at a strike price of R1.35
cents per share with a value of R273,375 in substitution
for the above-mentioned options. The substitute options
will be granted in terms of the Replacement Option Plan.
Director: K V Dicks
Position held: Non-executive Director
Date of transaction: 11 December 2008
Number of share options: 150 000
Strike price: 1.05 cents per share
Value of transaction: R157 500
Extent of interest: Direct beneficial
Nature of transaction: Grant and acceptance of
share options
Written permission to deal: Yes
In the event that the scheme is implemented, Mr K Dicks will be
offered 202,500 share options at a strike price of R1.35
cents per share with a value of R273,375 in substitution
for the above-mentioned options. The substitute options
will be granted in terms of the Replacement Option Plan.
Director: Neal Froneman
Position held: Chief Executive Officer
Date of transaction: 11 December 2008
Number of share options: 2,052,557
Strike price: 1.05 cents per share
Value of transaction: R2,155,184.85
Extent of interest: Direct beneficial
Nature of transaction: Grant and acceptance of
share options
Written permission to deal: Yes
In the event that the scheme is implemented, Mr N Froneman will be
offered 2,770,952 share options at a strike price of
R1.35 cents per share with a value of R3,740,785.20 in
substitution for the above-mentioned options. The
substitute options will be granted in terms of the
Replacement Option Plan.
Director: Izak Marias
Position held: Chief Operating Officer
Date of transaction: 11 December 2008
Number of share options: 1,432,714
Strike price: 1.05 cents per share
Value of transaction: R1,504,349.70
Extent of interest: Direct beneficial
Nature of transaction: Grant and acceptance of
share options
Written permission to deal: Yes
In the event that the scheme is implemented, Mr I Marais will be
offered 1,934,164 share options at a strike price of
R1.35 cents per share with a value of R2,611,121.40 in
substitution for the above-mentioned options. The
substitute options will be granted in terms of the
Replacement Option Plan.
Director: Christopher Chadwick
Position held: Chief Financial Officer
Date of transaction: 11 December 2008
Number of share options: 874,895
Strike price: 1.05 cents per share
Value of transaction: R918,639.75
Extent of interest: Direct beneficial
Nature of transaction: Grant and acceptance of
share options
Written permission to deal: Yes
In the event that the scheme is implemented, Mr C Chadwick will be
offered 1,181,108 share options at a strike price of
R1.35 cents per share with a value of R1,594,495.80 in
substitution for the above-mentioned options. The
substitute options will be granted in terms of the
Replacement Option Plan.
Director: Pierre Kruger
Position held: Company Secretary
Date of transaction: 11 December 2008
Number of share options: 478,000
Strike price: 1.05 cents per share
Value of transaction: R501,900
Extent of interest: Direct beneficial
Nature of transaction: Grant and acceptance of
share options
Written permission to deal: Yes
In the event that the scheme is implemented, Mr P Kruger will be
offered 645,300 share options at a strike price of R1.35
cents per share with a value of R871,155 in substitution
for the above-mentioned options. The substitute options
will be granted in terms of the Replacement Option Plan.
Parktown, Johannesburg
15 December 2008
Sponsor
Macquarie First South Advisers (Pty) Limited
Date: 15/12/2008 17:45:21 Produced by the JSE SENS Department.
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