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SER SRN
SER
SER/SRN - Seardel - Dealing in Securities
Seardel Investment Corporation Limited
Registration no. 1968/011249/06
(Incorporated in the Republic of South Africa)
JSE Code: SER ISIN Code: ZAE000029815
JSE Code: SRN ISIN Code: ZAE000030144
("Seardel")
DEALING IN SECURITIES
Shareholders are advised of the following information relating to the dealing in
securities by directors of Seardel and of a major subsidiary of Seardel:
Name of director: S A Queen
Name of group company: Seardel Investment Corporation
Limited
Class of security: Options
Date of transaction: 4 July 2011
Strike/exercise date: 4 July 2012 (first exercise date)
Number of securities: 1,753,350
Strike/exercise price: R0.76
Total value: R1,332,546
Nature of transaction: Acceptance of options (off-market)
Nature and extent of director`s interest: Direct beneficial
Periods of exercise/vesting: 10% 4 July 2012
20% 4 July 2013
30% 4 July 2014
40% 4 July 2015
Clearance to deal received: Yes
Name of director: G D T Wege
Name of group company: Seardel Investment Corporation
Limited
Class of security: Options
Date of transaction: 4 July 2011
Strike/exercise date: 4 July 2012 (first exercise date)
Number of securities: 730,563
Strike/exercise price: R0.76
Total value: R555,228
Nature of transaction: Acceptance of options (off-market)
Nature and extent of director`s interest: Direct beneficial
Periods of exercise/vesting: 10% 4 July 2012
20% 4 July 2013
30% 4 July 2014
40% 4 July 2015
Clearance to deal received: Yes
Name of director: D Duncan
Name of group company: Seardel Group Trading (Pty)
Limited
Class of security: Options
Date of transaction: 4 July 2011
Strike/exercise date: 4 July 2012 (first exercise date)
Number of securities: 511,394
Strike/exercise price: R0.76
Total value: R388,659
Nature of transaction: Acceptance of options (off-market)
Nature and extent of director`s interest: Direct beneficial
Periods of exercise/vesting: 10% 4 July 2012
20% 4 July 2013
30% 4 July 2014
40% 4 July 2015
Clearance to deal received: Yes
6 July 2010
Sponsor
Java Capital (Proprietary) Limited
Date: 06/07/2011 16:21:01 Produced by the JSE SENS Department.
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