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KIO
KIO
KIO - Kumba - Grant and Acceptance of Share Options by Company Secretary,
Directors and Directors of a major subsidiary
Kumba Iron Ore Limited
A member of the Anglo American plc group
(Incorporated in the Republic of South Africa)
(Registration number 2005/015852/06)
Share code: KIO
ISIN: ZAE000085346
("Kumba")
GRANT AND ACCEPTANCE OF SHARE OPTIONS BY COMPANY SECRETARY, DIRECTORS AND
DIRECTORS OF A MAJOR SUBSIDIARY
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE
Limited, the following information is disclosed:
Director : Chris Griffith
Company : Kumba Iron Ore Limited
Grant date : 01 March 2011
Acceptance date : 18 March 2011
Nature of transaction : Off market grant and acceptance of bonus shares in
terms of the Kumba bonus share plan ("BSP")
Class of securities : Ordinary shares
Number of bonus shares : 6,025
Price per share : R439.82
Value of transaction : R2,649,915.50
Vesting period : Bonus shares vest after three years in terms of
the Kumba BSP
Nature of interest : Direct beneficial
Clearance obtained : Yes
Director : Chris Griffith
Company : Kumba Iron Ore Limited
Grant date : 01 March 2011
Acceptance date : 18 March 2011
Nature of transaction : Off market grant and acceptance of Long Term
Incentive Plan ("LTIP") options
Class of securities : Ordinary shares
Number of options : 9,634
Option strike price : R439.82 per share
Value of transaction : R4,237,225.88
Vesting period : Share options vest after three years on certain
performance criteria being met in terms of the
Kumba LTIP
Nature of interest : Direct beneficial
Clearance obtained : Yes
Director : Vincent Uren
Company : Kumba Iron Ore Limited
Grant date : 01 March 2011
Acceptance date : 18 March 2011
Nature of transaction : Off market grant and acceptance of bonus shares in
terms of the Kumba BSP
Class of securities : Ordinary shares
Number of bonus shares : 4,778
Price per share : R439.82
Value of transaction : R2,101,459.96
Vesting period : Bonus shares vest after three years in terms of
the Kumba BSP
Nature of interest : Direct Beneficial
Clearance obtained : Yes
Director : Vincent Uren
Company : Kumba Iron Ore Limited
Grant date : 01 March 2011
Acceptance date : 18 March 2011
Nature of transaction : Off market grant and acceptance of LTIP options
Class of securities : Ordinary shares
Number of options : 8,326
Option strike price : R439.82 per share
Value of transaction : R3,661,941.32
Vesting period : Share options vest after three years on certain
performance criteria being met in terms of the
Kumba LTIP
Nature of interest : Direct beneficial
Clearance obtained : Yes
Company Secretary : Vusani Malie
Company : Kumba Iron Ore Limited Grant date : 01 March 2011
Acceptance date : 18 March 2011
Nature of transaction : Off market grant and acceptance of bonus shares in
terms of the Kumba BSP
Class of securities : Ordinary shares
Number of bonus shares : 2,323
Price per share : R439.82
Value of transaction : R1,021,701.86
Vesting period : Bonus shares vest after three years in terms of
the Kumba BSP
Nature of interest : Direct beneficial
Clearance obtained : Yes
DIRECTORS OF A MAJOR SUBSIDIARY
Director : Christo Van Loggerenberg
Company : Sishen Iron Ore Company (Pty) Ltd
Grant date : 01 March 2011
Acceptance date : 18 March 2011
Nature of transaction : Off market grant and acceptance of bonus shares in
terms of the Kumba BSP
Class of securities : Ordinary shares
Number of bonus shares : 4,665
Price per share : R439.82
Value of transaction : R2,051,760.30
Vesting period : Bonus shares vest after three years in terms of
the Kumba BSP
Nature of interest : Direct beneficial
Clearance obtained : Yes
Director : Francois Louw
Company : Sishen Iron Ore Company (Pty) Ltd
Grant date : 01 March 2011
Acceptance date : 18 March 2011
Nature of transaction : Off market grant and acceptance of bonus shares in
terms of the Kumba BSP
Class of securities : Ordinary shares
Number of bonus shares : 4,652
Price per share : R439.82
Value of transaction : R2,046,042.64
Vesting period : Bonus shares vest after three years in terms of
the Kumba BSP
Nature of interest : Direct beneficial
Clearance obtained : Yes
Director : Aart van den Brink
Company : Sishen Iron Ore Company (Pty) Ltd
Grant date : 01 March 2011
Acceptance date : 18 March 2011
Nature of transaction : Off market grant and acceptance of bonus shares in
terms of the Kumba BSP
Class of securities : Ordinary shares
Number of bonus shares : 2,996
Price per share : R439.82
Value of transaction : R1,317,700.72
Vesting period : Bonus shares vest after three years in terms of
the Kumba BSP
Nature of interest : Direct beneficial
Clearance obtained : Yes
Director : Martin Poggiolini
Company : Sishen Iron Ore Company (Pty) Ltd
Grant date : 01 March 2011
Acceptance date : 18 March 2011
Nature of transaction : Off market grant and acceptance of bonus shares in
terms of the Kumba BSP
Class of securities : Ordinary shares
Number of bonus shares : 2,848
Price per share : R439.82
Value of transaction : R1,252,607.36
Vesting period : Bonus shares vest after three years in terms of
the Kumba BSP
Nature of interest : Direct beneficial
Clearance obtained : Yes
22 March 2011
For enquiries contact:
Mr VF Malie
Company Secretary
Kumba Iron Ore Limited
Tel: (012) 683 7060
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 22/03/2011 16:07:07 Produced by the JSE SENS Department.
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