JSE - JSE Limited - JSE 2006 black shareholder retention scheme - Exercise of
JSE
JSE
JSE - JSE Limited - JSE 2006 black shareholder retention scheme - Exercise of
options in June 2011
JSE Limited
(Incorporated in the Republic of South Africa)
(Registration number 2005/022939/06)
Share code: JSE
ISIN No.: ZAE000079711
("the JSE")
JSE 2006 BLACK SHAREHOLDER RETENTION SCHEME - EXERCISE OF OPTIONS IN JUNE 2011
Further to the announcement on 16 May 2011, the JSE wishes to remind all
qualifying black shareholders who were awarded options in three tranches in
2006, 2007 and 2008 as part of the 2006 Black Shareholder Retention Scheme,
which scheme closed on 28 March 2006, that those options become exercisable
during any business day in June 2011. This is subject to the following
conditions being met:
- purchased JSE Limited shares by no later than 28 March 2006;
- uninterrupted holding of the original qualifying shareholding until 1 June
2011;
- acceptance of the options;
- confirm "blackness" in the case of corporate or any other juristic entities
for the full period; and
- payment of the required amount for the allocated options by no later than
17h00 on 30 June 2011.
In terms of JSE Listings Requirement 16.23 note that the options expire on 30
June 2011. The scheme rules further state that failure by any qualifying black
shareholder to meet any of the above conditions will cause the allocated options
to automatically lapse with no further claim on the JSE.
We will continuously remind JSE BEE shareholders about their right to exercise
their JSE BEE options. If you have any queries please contact the JSE broker
where your JSE Limited shares are held.
Sandton
08 June 2011
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 08/06/2011 07:06:49 Produced by the JSE SENS Department.
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