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Thu 6 Aug 2009, 14:36 BSS - BSI Steel - Disclosure Of A Transaction In Bsi Steel Shares By The Company
BSS
BSS                                                                             
BSS - BSI Steel - Disclosure Of A Transaction In Bsi Steel Shares By The Company
Secretary                                                                       
BSI STEEL LIMITED                                                               
(formerly BSI (SA) Limited)                                                     
(Incorporated in the Republic of South Africa)                                  
(Registration number 2001/023164/06)                                            
JSE code: BSS                                                                   
ISIN: ZAE000125134                                                              
("BSI Steel")                                                                   
DISCLOSURE OF A TRANSACTION IN BSI STEEL SHARES BY THE COMPANY SECRETARY        
In terms of paragraphs 3.63 to 3.70 of the JSE Limited Listings Requirements,   
the following information relating to a transaction in BSI Steel shares is      
disclosed:                                                                      
Name of company secretary:         S Hackett                                    
Date granted:                      6 August 2009                                
Effective date of grant:           1 August2009                                 
Number of Share Appreciation       236 000                                      
Rights granted:                                                                 
A conditional right to receive                                                  
shares equal to the value of the                                                
difference between the market                                                   
price on the exercise date, and                                                 
the grant price.                                                                
Grant price:                       63.5 cents                                   
Nature of transaction:             Grant in respect of                          
                                  ordinary shares                               
Interest in transaction:           Beneficial direct                            
Vesting date:                      30 March 2012, subject to                    
                                  certain performance                           
                                  conditions being met.                         
Clearance to deal obtained:        Yes                                          
Johannesburg                                                                    
6 August 2009                                                                   
Designated Adviser                                                              
Vunani Corporate Finance                                                        
Date: 06/08/2009 14:36:01 Produced by the JSE SENS Department.                  
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