ELR - ELB Group Limited - Acceptance of options by a director of a major
ELR
ELR
ELR - ELB Group Limited - Acceptance of options by a director 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 A DIRECTOR OF A MAJOR SUBSIDIARY
In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:
Director : Desmond Ray van Heerden
Company : ELB Equipment Limited
Date of transaction : 2 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
Boksburg
2 December 2010
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 02/12/2010 15:00:49 Produced by the JSE SENS Department.
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