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ELR
ELR
ELR - ELB - Acceptance of options by the company secretary and directors of a
major subsidiary
ELB GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1930/002553/06
ISIN: ZAE000035101
Share Code: ELR
(ELB)
ACCEPTANCE OF OPTIONS BY THE COMPANY SECRETARY AND DIRECTORS OF A MAJOR
SUBSIDIARY
In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:
Director : Pierre Nel
Company : ELB Equipment Limited
Date of transaction : 1 December 2010
Nature of transaction : Off market acceptance of options granted in
terms of the ELB Executive Share Incentive
Scheme 2010
Class of securities : Options in respect of ordinary shares
Number of options : 100,000
Option strike price : 1353 cents per share
Period of exercise : Expires 10 years from date of acceptance
Total value of transaction : R1 353 000
Nature of interest : Direct beneficial
Clearance obtained : Yes
Director : Cornelius Johannes Smith
Company : ELB Equipment Limited
Date of transaction : 1 December 2010
Nature of transaction : Off market acceptance of options granted in
terms of the ELB Executive Share Incentive
Scheme 2010
Class of securities : Options in respect of ordinary shares
Number of options : 100,000
Option strike price : 1353 cents per share
Period of exercise : Expires 10 years from date of acceptance
Total value of transaction : R1 353 000
Nature of interest : Direct beneficial
Clearance obtained : Yes
Company secretary : David Graham Jones
Company : ELB Group Limited
Date of transaction : 1 December 2010
Nature of transaction : Off market acceptance of options granted in
terms of the ELB Executive Share Incentive
Scheme 2010
Class of securities : Options in respect of ordinary shares
Number of options : 50,000
Option strike price : 1353 cents per share
Period of exercise : Expires 10 years from date of acceptance
Total value of transaction : R676 500
Nature of interest : Direct beneficial
Clearance obtained : Yes
Boksburg
2 December 2010
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 02/12/2010 12:01:03 Produced by the JSE SENS Department.
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