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GDF
GDF
GDF - Gold Reef - Dealing in securities by directors and company secretary of a
major subsidiary
Gold Reef Resorts Limited
(Incorporated in the Republic of South Africa)
(Registration number:1989/002108/06)
Share code : GDF ISIN : ZAE000028338
("Gold Reef")
DEALING IN SECURITIES BY DIRECTORS AND COMPANY SECRETARY OF A MAJOR SUBSIDIARY
In terms of paragraph 3.63 - 3.65 of the JSE Limited Listings Requirements, the
following information, relating to the dealing in securities by Gold Reef
directors and CP Vernon, company secretary of Akani Egoli (Proprietary) Limited
which operates as Gold Reef City Casino, is disclosed:
Executive director S B Joffe
Company of which a director Gold Reef
Transaction date 03 June 2009
Class of securities Ordinary shares
Number of securities 389 565
Strike Price R 17.00
Value of transaction R 6 622 605
Nature of transaction Grant of share options through the Gold
Reef Share Scheme
Vesting period The first tranche of 33,3% vests 2 years
after the options were granted. The
second tranche of 33,3% vests 3 years
after the options were granted. The
third tranche of 33,3% vests 4 years
after the options were granted.
Extent of interest Direct beneficial
Clearance to deal Yes
Executive director J S Friedman
Company of which a director Gold Reef
Transaction date 03 June 2009
Class of securities Ordinary shares
Number of securities 210 435
Strike Price R 17.00
Value of transaction R 3 577 395
Nature of transaction Grant of share options through the Gold
Reef Share Scheme
Vesting period The first tranche of 33,3% vests 2 years
after the options were granted. The
second tranche of 33,3% vests 3 years
after the options were granted. The
third tranche of 33,3% vests 4 years
after the options were granted.
Extent of interest Direct beneficial
Clearance to deal Yes
Executive director C Neuberger
Company of which a director Gold Reef
Transaction date 03 June 2009
Class of securities Ordinary shares
Number of securities 231 884
Strike Price R 17.00
Value of transaction R 3 942 028
Nature of transaction Grant of share options through the Gold
Reef Share Scheme
Vesting period The first tranche of 33,3% vests 2 years
after the options were granted. The
second tranche of 33,3% vests 3 years
after the options were granted. The
third tranche of 33,3% vests 4 years
after the options were granted.
Extent of interest Direct beneficial
Clearance to deal Yes
Executive director T M Sadiki
Company of which a director Gold Reef
Transaction date 03 June 2009
Class of securities Ordinary shares
Number of securities 139 130
Strike Price R 17.00
Value of transaction R 2 365 210
Nature of transaction Grant of share options through the Gold
Reef Share Scheme
Vesting period The first tranche of 33,3% vests 2 years
after the options were granted. The
second tranche of 33,3% vests 3 years
after the options were granted. The
third tranche of 33,3% vests 4 years
after the options were granted.
Extent of interest Direct beneficial
Clearance to deal Yes
Company secretary C P Vernon
Company Akani Egoli (Proprietary) Limited, a
major subsidiary of Gold Reef
Transaction date 03 June 2009
Class of securities Ordinary shares
Number of securities 83 333
Strike Price R 17.00
Value of transaction R 1 416 661
Nature of transaction Grant of share options through the Gold
Reef Share Scheme
Vesting period The first tranche of 33,3% vests 2 years
after the options were granted. The
second tranche of 33,3% vests 3 years
after the options were granted. The
third tranche of 33,3% vests 4 years
after the options were granted.
Extent of interest Direct beneficial
Clearance to deal Yes
Johannesburg
4 June 2009
Sponsor
Nedbank Capital
Date: 04/06/2009 11:45:02 Produced by the JSE SENS Department.
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