KEL - Kelly Group Limited - Director`s dealings in securities
KEL
KEL
KEL - Kelly Group Limited - Director`s dealings in securities
KELLY GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1999/026249/06)
Share code: KEL
ISIN: ZAE000093373
DIRECTOR`S DEALINGS IN SECURITIES
In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:
Director : GJ Tindall
Company : Kelly Group Limited
Date of transaction : 4 July 2011
Nature of transaction : Off-market acceptance of allocation
of Share Appreciation Rights (SARs) made in
terms of the Kelly Group Limited Share
Appreciation Plan
Class of securities : SARs in respect of ordinary shares
Number of SARs allocated : 1,000,000
Allocation price : R4.00
Periods of exercise and
vesting : 1/3 on or after 2nd anniversary of
allocation date
1/3 on or after 3rd anniversary of
allocation date
Final 1/3 on or after 4th anniversary of
allocation date
Total value of transaction : R4,000,000
Director`s interest : Direct beneficial
Clearance obtained : Yes
Sandton
4 July 2011
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 04/07/2011 15:00:04 Produced by the JSE SENS Department.
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