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APK
APK
APK - Astrapak Limited - Acceptance Of Options By Directors
ASTRAPAK LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1995/009169/06)
ISIN: ZAE000096962
Share Code: APK
ACCEPTANCE OF OPTIONS BY DIRECTORS
In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:
Director : Marco Baglione
Company : Astrapak Limited
Date of transaction : 23 November 2009
Nature of transaction : Acceptance of options granted to a
director
Class of securities : Options in respect of ordinary
shares
Number of options granted : 1,850,000 (one million eight hundred
and fifty thousand)
Option strike price : R6.84 (six rand eighty four cents)
being the average closing price for
the 3 days preceding the grant date,
being 9 March 2009
Period of exercise : 100% of the options are exercisable
5 years from date of grant of option
Vesting : On exercise of the option
Total value of : R 12,654,000 (twelve million six
transaction hundred and fifty four thousand
rand)
Nature of interest : Direct beneficial
Clearance obtained : Yes
Other : Restraint of Trade for a period of 2
years after the termination of
employment agreed upon.
Director : Manley Diedloff
Company : Astrapak Limited
Date of transaction : 23 November 2009
Nature of transaction : Acceptance of options granted to a
director
Class of securities : Options in respect of ordinary
shares
Number of options granted : 1,050,000 (one million and fifty
thousand)
Option strike price : R6.84 (six rand eighty four cents)
being the average closing price for
the 3 days preceding the grant
date, being 9 March 2009
Period of exercise 100% of the options are exercisable
5 years from date of grant of
option
Vesting : On exercise of the option
Total value of : R 7,182,000 (seven million one
transaction hundred and eighty two thousand
rand)
Nature of interest : Direct beneficial
Clearance obtained : Yes
Other : Restraint of Trade for a period of
2 years after the termination of
employment agreed upon.
Sandton
24 November 2009
Merchant Bank and sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 24/11/2009 16:43:01 Produced by the JSE SENS Department.
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