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ELR
ELR
ELR - ELB Group Limited - Acceptance of options by 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 DIRECTORS OF A MAJOR SUBSIDIARY
In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:
Director : Jolandi Salomons
Company : ELB Engineering Services (Pty) Ltd
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 : 105,000
Option strike price : 1353 cents per share
Period of exercise : Expires 10 years from 1 December 2010
being the option award date
Total value of transaction : R1 420 650
Nature of interest : Direct beneficial
Clearance obtained : Yes
Director : Ian William Martin
Company : ELB Engineering Services (Pty) Ltd
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 : 75,000
Option strike price : 1353 cents per share
Period of exercise : Expires 10 years from 1 December 2010
being the option award date
Total value of transaction : R1 014 750
Nature of interest : Direct beneficial
Clearance obtained : Yes
Boksburg
3 December 2010
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 03/12/2010 14:59:01 Produced by the JSE SENS Department.
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