SBV / SVN - Sabvest - Acceptance Of Share Appreciation Rights By Directors
SBV SVN
SBV
SBV / SVN - Sabvest - Acceptance Of Share Appreciation Rights By Directors
SABVEST LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1987/003753/06
ISIN: ZAE000006417 - ordinary shares
ISIN: ZAE000012043 - "N" ordinary shares
Share code: SBV - ordinary shares
Share code: SVN - "N" ordinary shares
("Sabvest" or "the company")
ACCEPTANCE OF SHARE APPRECIATION RIGHTS BY DIRECTORS
Director : Carl Philip Coutts-Trotter
Company : Sabvest
Date of transaction : 3 March 2010
Nature of transaction : Acceptance of 150,000 share
appreciation rights on 150,000
phantom `N` shares in Sabvest
granted in terms of the Sabvest
Share Appreciation Rights Scheme
Ultimate settlement method : `N` ordinary shares or cash or a
combination at the company`s
election
Dates to vest and to be exercised : One-third after 3, 4, 5 years
respectively from date of grant
to be exercised up to 10 years
from date of grant
VWAP phantom price : 547 cents per share
Nature of interest : Direct beneficial
Prior authority to transact : Obtained
Sandton
3 March 2010
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 03/03/2010 13:24:01 Produced by the JSE SENS Department.
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