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HLM
HLM
HLM - Hulamin Limited - Exercise of options and subsequent sale of
shares by director
HULAMIN LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1940/013924/06)
ISIN: ZAE000096210
Share Code: HLM
("Hulamin")
EXERCISE OF OPTIONS AND SUBSEQUENT SALE OF SHARES BY DIRECTOR
In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:
Director: C D Hughes
Company: Hulamin Limited
Nature of transaction: Off market, exercise of share
appreciation rights ("SAR")
Date of exercise: 20 August 2010
Class of securities: SARS in respect of ordinary
shares
Tongaat Hulett SAR strike price R43.98
Strike Date: 10 May 2005
Number of SARS exercised: 4 549 Tongaat Hulett Limited
SARS settled by the purchase of
25 349 Hulamin ordinary shares
which were subsequently sold
Number of shares sold on market: 25 349
Selling Price (weighted average): R10.2593
Highest trading price for the day: R10.26
Lowest trading price for the day: R10.20
Value of sale 1: R260 063.28
Date of sale: 20 August 2010
Nature of interest: Direct beneficial
Clearance obtained: Yes
Date of further sale: 20 August 2010
Class of securities: Ordinary shares
Number of shares sold on market: 6 486
Selling price: R10.25
Value of sale 2: R66 481.50
Nature of interest: Direct beneficial
Clearance obtained: Yes
Pietermaritzburg
24 August 2010
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 24/08/2010 17:16:01 Produced by the JSE SENS Department.
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