RBW - Rainbow - Exercise Of Options And Subsequent Sale Of Shares By A
RBW
RBW
RBW - Rainbow - Exercise Of Options And Subsequent Sale Of Shares By A
Director Of A Major Subsidiary
RAINBOW CHICKEN LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1966/004972/06)
ISIN: ZAE000019063
Share Code: RBW
("Rainbow")
EXERCISE OF OPTIONS AND SUBSEQUENT SALE OF SHARES BY A DIRECTOR OF A MAJOR
SUBSIDIARY
In compliance with the JSE Limited Listings Requirements, the following
transactions made by a director of Rainbow Farms (Pty) Ltd (a major subsidiary
of Rainbow) are disclosed:
Director : SB Heath
Date of transaction : 29 June 2009
Nature of transaction : Exercise of options in terms of the Rainbow
Share Incentive Scheme
Class of securities : Options in respect of ordinary shares
Number of options exercised : 77 817
Option strike price : 64 000 options at R6.65
13 817 options at R10.39
Total value of transaction : R569 158.63
Date of transaction : 29 June 2009
Nature of transaction : Sale of shares
Class of securities : Ordinary shares
Number of securities : 77 817
Selling price : R16.2587 per share
Total value of transaction : R1 265 201.79
Nature of interest : Direct beneficial
Clearance obtained : Yes
Durban
8 July 2009
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 08/07/2009 17:12:01 Produced by the JSE SENS Department.
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