HLM - Hulamin Limited - Acceptance of rights to Participate in share incentive
HLM
HLM
HLM - Hulamin Limited - Acceptance of rights to Participate in share incentive
plans by Directors and Company Secretary
HULAMIN LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1940/013924/06)
ISIN: ZAE000096210
Share Code: HLM
("Hulamin")
ACCEPTANCE OF RIGHTS TO PARTICIPATE IN SHARE INCENTIVE PLANS BY DIRECTORS AND
COMPANY SECRETARY
On 10 November 2010, executive directors accepted rights to participate in
Hulamin`s share incentive plans as follows:
Share appreciation rights in respect of ordinary shares, which are off market
and which are subject to performance conditions and vest after three years at a
grant price of R8.60
R G Jacob 312 499 rights Direct Beneficial
C D Hughes 198 307 rights Direct Beneficial
M Z Mkhize 193 093 rights Direct Beneficial
Long term incentive plan awards, which are off market and which are subject to
performance conditions and vest after three years.
R G Jacob 136 905 conditional awards Direct Beneficial
C D Hughes 75 396 conditional awards Direct Beneficial
M Z Mkhize 74 257 conditional awards Direct Beneficial
On 10 November 2010 the Company Secretary accepted rights to participate in
Hulamin`s share incentive plans as follows:
Share appreciation rights in respect of ordinary shares, which are off market
and which are subject to performance conditions and vest after three years at a
grant price of R8.60
W Fitchat 87 346 rights Direct Beneficial
Long term incentive plan awards, which are off market and which are subject to
performance conditions and vest after three years.
W Fitchat 14 127 rights Direct Beneficial
The allocations have been approved by the Board.
11 November 2010
Pietermaritzburg
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 11/11/2010 09:12:14 Produced by the JSE SENS Department.
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