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AVU
AVU
AVU - Avusa Limited - 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 23 September 2010
Class of securities Share appreciation rights
Number of securities 82 608
Share price R20,21 per right
Value of transaction R1 669 507,68
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 23 September 2010
Class of securities Conditional awards
Number of securities 82 608
Share 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 23 September 2010
Class of securities Share appreciation rights
Number of securities 29 078
Share price R20,21 per right
Value of transaction R587 666,38
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 23 September 2010
Class of securities Conditional awards
Number of securities 29 078
Share 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 23 September 2010
Class of securities Share appreciation rights
Number of securities 14 049
Share price R20,21 per right
Value of transaction R283 930,29
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 23 September 2010
Class of securities Conditional awards
Number of securities 7 805
Share 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
23 September 2010
Sponsor
Nedbank Capital
Date: 23/09/2010 14:30:01 Produced by the JSE SENS Department.
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