MVL - Mvelaphanda Resources Limited - Dealing in securities by a director
MVL
MVL
MVL - Mvelaphanda Resources Limited - Dealing in securities by a director
Mvelaphanda Resources Limited
Incorporated in the Republic of South Africa)
(Registration number: 1980/001395/06)
Share Code: MVL ISIN: ZAE000050266
("Mvela Resources" "the Group")
DEALING IN SECURITIES BY A DIRECTOR
In accordance with rules 3.63 - 3.74 of the Listing Requirements of the JSE
Limited, Mvela Resources hereby advises the following dealings in securities by
a director:
Director: Mikki Sivuyile Xayiya
Designation: Non-executive director
Date of transaction: 5 May 2010
Nature of transaction: Exercise of share options
Number of securities: 660 000
Average exercise price: 2241 cents per share
Nature of Interest: Direct beneficial
Prior clearance to enter into the transaction was obtained in accordance with
Mvela Resources` policy with regard to Directors` dealings as well as the JSE
Limited listing requirements.
Johannesburg
5 May 2010
Sponsor
J.P. Morgan Equities Limited
Date: 05/05/2010 15:56:02 Produced by the JSE SENS Department.
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