| Mon 18 Oct 2010, 17:36 | | FSR - FirstRand Limited - Dealings in securities by a director |
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FSR
FSR
FSR - FirstRand Limited - Dealings in securities by a director
FirstRand Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1966/010753/06)
ISIN: ZAE000066304
Share Code: (JSE): FSR
Share Code: (NSX): FSR
("FSR")
DEALINGS IN SECURITIES BY A DIRECTOR
In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:
Director: Johan Petrus Burger
Company: FirstRand Limited
Date of transaction: 14 October 2010
Nature of transaction: Exercise of options
Class of securities: Off market options in respect of
FSR ordinary shares
Number of options exercised: 450 000
Option strike price: R15,33
Value of transaction: R6 898 500
Date of transaction: 14 October 2010
Nature of transaction: On market sale of shares
Class of securities: Ordinary shares
Number of shares sold: 380 037
Selling price: R21,13
Value of transaction: R8030219,81
Date of transaction: 14 October 2010
Nature of transaction: Off market purchase, resulting from
options exercise and subsequent
delivery of shares
Class of securities: Ordinary shares
Number of shares purchased: 69 963
Purchase price: R15,33
Value of transaction: R1 072 532.79
Nature of interest: Direct beneficial
Clearance obtained: Yes
The options, issued in 2005, had reached their final compulsory date for takeup
and Mr. Burger was required in terms of the rules of the FirstRand Share Trust
to exercise and take delivery of them. He elected to sell sufficient of the
option, 380 037 shares, to acquire and hold the balance, 69 963 shares.
Place Sandton
Date 18 October 2010
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 18/10/2010 17:36:49 Produced by the JSE SENS Department.
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