HCI - Hosken Consolidated Investments Limited - Grant of options
HCI
HCI
HCI - Hosken Consolidated Investments Limited - Grant of options
HOSKEN CONSOLIDATED INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1973/007111/06)
(Share code: HCI & ISIN: ZAE000003257)
GRANT OF OPTIONS TO DIRECTORS AND OFFICERS
In compliance with Rules 3.63 - 3.74 of the JSE Limited Listing Requirements the
following information regarding the granting and acceptance of options in terms
of the HCI Employee Share Trust (2001) is disclosed:
Director : Mr M A Golding
Designation : Executive Chairman
Nature of transaction : Grant and acceptance of option
Date of grant and acceptance : 15 June 2010
Number of options : 145 565
Option strike price : R71.52 (10% discount to the 30 day
VWAP)
Expiry date for exercise : 14 June 2013
Vesting dates of options : 15 June 2013
Director : Mr J A Copelyn
Designation : Chief Executive Officer
Nature of transaction : Grant and acceptance of option
Date of grant and exercise : 15 June 2010
Number of options : 145 565
Option strike price : R71.52 (10% discount to the 30 day
VWAP)
Expiry date for exercise : 14 June 2013
Vesting dates of options : 15 June 2013
Director : Mr T G Govender
Designation : Financial Director
Nature of transaction : Grant and acceptance of option
Date of grant and exercise : 15 June 2010
Number of options : 55 695
Option strike price : R71.52 (10% discount to the 30day VWAP)
Expiry date for exercise : 14 June 2013
Vesting dates of options : 15 June 2013
Director : Mr A van der Veen
Designation : Director of major subsidiary
Nature of transaction : Grant and acceptance of option
Date of grant and exercise : 15 June 2010
Number of options : 78 769
Option strike price : R71.52 (10% discount to the 30day VWAP)
Expiry date for exercise : 14 June 2013
Vesting dates of options : 15 June 2013
Clearance : Clearance in terms of par. 3.66 of
the JSE Listings Requirements was obtained.
The above share options have been granted by HCI and have not been acquired on
the market.
17 June 2010
Sponsor: Investec Bank Limited
Date: 17/06/2010 17:29:01 Produced by the JSE SENS Department.
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