|
AVI
AVI
AVI - AVI Limited - Acceptance of share options by AVI directors and directors
of major subsidiaries
AVI Limited
(Registration Number 1944/017201/06)
Share Code: AVI
ISIN: ZAE000049433
("AVI")
ACCEPTANCE OF SHARE OPTIONS BY AVI DIRECTORS AND DIRECTORS OF MAJOR SUBSIDIARIES
Directors of AVI and its major subsidiaries accepted the following options in
the AVI Out Performance Scheme (the Scheme) on 17th June 2011. These options are
in respect of the 2010 annual allocation due in terms of the scheme rules. The
implementation of the allocation was delayed pending completion of a review
required by the Remuneration and Appointments Committee.
Director : Simon Crutchley
Company : AVI
Date of transaction : 17 June 2011
Nature of transaction : Acceptance of options in the AVI Out
Performance Scheme
Class of securities : Options in respect of ordinary shares
Number of options granted : 112,208
Option allocation price : R25.41
Total value of transaction : R2,851,205.28
Vesting period : Three years
Nature and extent of
Director`s interest : Direct beneficial
Clearance obtained : Yes
Director : Owen Cressey
Company : AVI
Date of transaction : 17 June 2011
Nature of transaction : Acceptance of options in the AVI Out
Performance Scheme
Class of securities : Options in respect of ordinary shares
Number of options granted : 52,817
Option allocation price : R25.41
Total value of transaction : R1,342,079.97
Vesting period : Three years
Nature and extent of
Director`s interest : Direct beneficial
Clearance obtained : Yes
Director : Donnee MacDougall
Company : National Brands Limited
Date of transaction : 17 June 2011
Nature of transaction : Acceptance of options in the AVI Out
Performance Scheme
Class of securities : Options in respect of ordinary shares
Number of options granted : 49,245
Option allocation price : R25.41
Total value of transaction : R1,251,315.45
Vesting period : Three years
Nature and extent of
Director`s interest : Direct beneficial
Clearance obtained : Yes
Director : David Hood
Company : National Brands Limited
Date of transaction : 17 June 2011
Nature of transaction : Acceptance of options in the AVI Out
Performance Scheme
Class of securities : Options in respect of ordinary shares
Number of options granted : 57,124
Option allocation price : R25.41
Total value of transaction : R1,451,520.84
Vesting period : Three years
Nature and extent of
Director`s interest : Direct beneficial
Clearance obtained : Yes
Director : Keith Phillips
Company : National Brands Limited
Date of transaction : 17 June 2011
Nature of transaction : Acceptance of options in the AVI Out
Performance Scheme
Class of securities : Options in respect of ordinary shares
Number of options granted : 33,169
Option allocation price : R25.41
Total value of transaction : R842,824.29
Vesting period : Three years
Nature and extent of
Director`s interest : Direct beneficial
Clearance obtained : Yes
Director : Ron Fasol
Company : I&J Limited
Date of transaction : 17 June 2011
Nature of transaction : Acceptance of options in the AVI Out
Performance Scheme
Class of securities : Options in respect of ordinary shares
Number of options granted : 52,391
Option allocation price : R25.41
Total value of transaction : R1,331,255.31
Vesting period : Three years
Nature and extent of
Director`s interest : Direct beneficial
Clearance obtained : Yes
Illovo
17 June 2011
Sponsor
Standard Bank
Date: 17/06/2011 15:59:08 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
| Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
