MPC - Mr Price Group Limited - Acceptance Of Options By Directors
MPC
MPC
MPC - Mr Price Group Limited - Acceptance Of Options By Directors
Mr Price Group Limited
Registration number 1933/004418/06
Incorporated in the Republic of South Africa
ISIN: ZAE000026951
JSE share code: MPC
ACCEPTANCE OF OPTIONS BY DIRECTORS
In compliance with the JSE Limited Listings Requirements, shareholders are
advised of the following acceptances of options in respect of ordinary shares on
22 November 2009 by directors of Mr Price Group Limited. The share option scheme
approved by shareholders on 3 October 2006 was designed to be a rolling scheme,
such that shares vesting on an annual basis would be replaced by additional
option awards. This transaction represents the `top up award` for those options
vesting on 22 November 2009. The vesting date for these options is 22 November
2014 and the period of exercise is 29 November 2014 to 20 February 2015.
Director Number of options Option strike Total value of
granted price transaction
Alastair McArthur 396 000 R32.75 R12 969 000.00
Stuart Bird 71 000 R32.75 R2 325 250.00
Mark Blair 146 000 R32.75 R4 781 500.00
Steve Ellis 50 000 R32.75 R1 637 500.00
Shane van Niekerk 50 000 R32.75 R1 637 500.00
The nature of interest for all the directors concerned is direct beneficial and
clearance has been obtained in respect of all the transactions.
Durban
23 November 2009
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 23/11/2009 17:00:03 Produced by the JSE SENS Department.
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