BCX - Business Connexion - Acceptance Of Options By A Director
BCX
BCX
BCX - Business Connexion - Acceptance Of Options By A Director
Business Connexion Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1988/005282/06)
Share code: BCX
ISIN: ZAE000054631
("Business Connexion" or "the Group")
ACCEPTANCE OF OPTIONS BY A DIRECTOR
In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:
Director : V Olver (CFO)
Company : Business Connexion Group
Limited
Date of transaction : 19 August 2009
Nature of transaction : Acceptance of options granted
to the director
Class of securities : Options in respect of ordinary
shares
Number of options granted : 1 073 200
Option strike price : R3.26
Period of exercise : A maximum of 33.33% is
exercisable on the 3rd
anniversary;
A maximum of 33.33% is
exercisable on the 4th
anniversary;
A maximum of 33.33% is
exercisable on the 5th
anniversary.
Vesting : On exercise of the options
Total value of transaction : R3 498 632
Nature of director`s : Direct beneficial
interest
Clearance obtained : Yes
Midrand
19 August 2009
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 19/08/2009 08:37:04 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
