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AVU
AVU
AVU - Avusa - Acceptance of share-based incentives by executive directors and
company secretary
AVUSA LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2008/002461/06)
Share code: AVU & ISIN code: ZAE000115895
("Avusa")
ACCEPTANCE OF SHARE-BASED INCENTIVES BY EXECUTIVE DIRECTORS AND COMPANY
SECRETARY
In terms of paragraph 3.63 - 3.70 of the Listings Requirements of the JSE
Limited, the following information relating to the acceptance of share-based
incentives by executive directors and the company secretary, is disclosed:
Executive director Prakash Desai
Company of which a director Avusa
Transaction date 3 August 2010
Class of securities Share appreciation rights
Number of securities 85 968
Strike price R19,42 per right
Value of transaction R1 669 498,56
Vesting period Share appreciation rights vest in three years
subject to the fulfilment of a performance
condition
Nature of transaction Grant and acceptance of share appreciation
rights (off-market)
Extent of interest Direct beneficial
Written clearance to deal Yes
Executive director Prakash Desai
Company of which a director Avusa
Transaction date 3 August 2010
Class of securities Conditional awards
Number of securities 85 968
Strike price Nil per conditional award
Value of transaction Conditional award
Vesting period Conditional awards vest in three years
subject to the fulfilment of a performance
condition
Nature of transaction Grant and acceptance of conditional awards
(off-market)
Extent of interest Direct beneficial
Written clearance to deal Yes
Executive director Howard Benatar
Company of which a director Avusa
Transaction date 3 August 2010
Class of securities Share appreciation rights
Number of securities 30 261
Strike price R19,42 per right
Value of transaction R587 668,62
Vesting period Share appreciation rights vest in three years
subject to the fulfilment of a performance
condition
Nature of transaction Grant and acceptance of share appreciation
rights (off-market)
Extent of interest Direct beneficial
Written clearance to deal Yes
Executive director Howard Benatar
Company of which a director Avusa
Transaction date 3 August 2010
Class of securities Conditional awards
Number of securities 30 261
Strike price Nil per conditional award
Value of transaction Conditional award
Vesting period Conditional awards vest in three years
subject to the fulfilment of a performance
condition
Nature of transaction Grant and acceptance of conditional awards
(off-market)
Extent of interest Direct beneficial
Written clearance to deal Yes
Company secretary Joanne Matisonn
Company of which company
secretary Avusa
Transaction date 3 August 2010
Class of securities Share appreciation rights
Number of securities 14 620
Strike price R19,42 per right
Value of transaction R283 920,40
Vesting period Share appreciation rights vest in three years
subject to the fulfilment of a performance
condition
Nature of transaction Grant and acceptance of share appreciation
rights (off-market)
Extent of interest Direct beneficial
Written clearance to deal Yes
Company secretary Joanne Matisonn
Company of which company
secretary Avusa
Transaction date 3 August 2010
Class of securities Conditional awards
Number of securities 8 122
Strike price Nil per conditional award
Value of transaction Conditional award
Vesting period Conditional awards vest in three years
subject to the fulfilment of a performance
condition
Nature of transaction Grant and acceptance of conditional awards
(off-market)
Extent of interest Direct beneficial
Written clearance to deal Yes
Johannesburg
3 August 2010
Sponsor
Nedbank Capital
Date: 03/08/2010 15:10:01 Produced by the JSE SENS Department.
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