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AVU
AVU
AVU - Avusa Limited - Acceptance of share-based incentives by directors of a
major subsidiary
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 DIRECTORS OF A MAJOR SUBSIDIARY
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 directors of a major subsidiary, is disclosed:
Subsidiary director Michael Robertson
Subsidiary of which a director Avusa Media Limited
Transaction date 23 September 2010
Class of securities Share appreciation rights
Number of securities 22 104
Strike price R20,21 per right
Value of transaction R446 721,84
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
Subsidiary director Michael Robertson
Subsidiary of which a director Avusa Media Limited
Transaction date 23 September 2010
Class of securities Conditional awards
Number of securities 19 648
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
Subsidiary director Ashok Lachman
Subsidiary of which a director Avusa Media Limited
Transaction date 23 September 2010
Class of securities Share appreciation rights
Number of securities 20 119
Strike price R20,21 per right
Value of transaction R406 604,99
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
Subsidiary director Ashok Lachman
Subsidiary of which a director Avusa Media Limited
Transaction date 23 September 2010
Class of securities Conditional awards
Number of securities 11 177
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
23 September 2010
Sponsor
Nedbank Capital
Date: 23/09/2010 14:31:01 Produced by the JSE SENS Department.
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