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BEL
BEL
BEL - Bell Equipment Limited - Acceptance of options by directors
Bell Equipment Limited
(Incorporated in the Republic of South Africa)
Registration number 1968/013656/06
Share Code: BEL ISIN: ZAE000028304
ACCEPTANCE OF OPTIONS BY DIRECTORS
In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:
Director : Karen June van Haght
Company : Bell Equipment Limited
Date of transaction : 29 March 2010
Nature of transaction : Acceptance of options granted to the
director
Class of securities : Options in respect of ordinary shares
Number of options granted : 100 000
Option strike price : R10,48 cents
Period of exercise : A maximum of 33,3% is exercisable on
the 3rd anniversary, a further maximum
of 33,3% is exercisable on the 5th
anniversary and the balance is
exercisable on the 7th anniversary Vesting
details : On exercise of the options
Total value of transaction : R1 048 000
Nature of
director`s interest : Direct beneficial
Clearance obtained : Yes
Director : Leon Goosen
Company : Bell Equipment Limited
Date of transaction : 29 March 2010
Nature of transaction : Acceptance of options granted to the
director
Class of securities : Options in respect of ordinary shares
Number of options granted : 100 000
Option strike price : R10,48 cents
Period of exercise : A maximum of 33,3% is exercisable on
the 3rd anniversary, a further maximum
of 33,3% is exercisable on the 5th
anniversary and the balance is
exercisable on the 7th anniversary Vesting
details : On exercise of the options
Total value of transaction : R1 048 000
Nature of
director`s interest : Direct beneficial
Clearance obtained : Yes
Richards Bay
29 March 2010
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 29/03/2010 17:33:01 Produced by the JSE SENS Department.
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