PPE
PPE
PPE - Purple Capital Limited - Directors dealings
Purple Capital Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/013637/06)
Share code: PPE ISIN: ZAE000071411
Directors dealings
In compliance with paragraphs 3.63 - 3.74 of the Listings Requirements of the
JSE Limited ("JSE"), the following information is disclosed:
Name of director: Mike Wilson
Date of transaction: 17 November 2010
Nature of transaction: Allocation of share options
Number of securities: 4 000 000
Class of securities: Ordinary shares of R0.01 each
Strike price of 23 cents per share
options:
Total Value: R920 000
Nature of interest: Direct beneficial
Name of director: Charles Savage
Date of transaction: 17 November 2010
Nature of transaction: Allocation of share options
Number of securities: 4 000 000
Class of securities: Ordinary shares of R0.01 each
Strike price of 23 cents per share
options:
Total Value: R920 000
Nature of interest: Direct beneficial
Clearance was given for the above-mentioned transactions in terms of Paragraph
3.66 of the JSE Listings Requirements.
The vesting conditions of the options granted are:
Up to 25% on or after the first anniversary date of acceptance of options;
Up to 50% on or after the second anniversary of the acceptance date;
Up to 75% on or after the third anniversary date;
Up to 100% on or after the fourth anniversary date.
The contractual life of the options is seven years from the date of grant.
Johannesburg
01 December 2010
Sponsor
KPMG Services (Pty) Ltd
Date: 01/12/2010 14:35:01 Produced by the JSE SENS Department.
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