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KEH
KEH
KEH - Keaton Energy Holdings Limited - Award and acceptance of share
appreciation rights
Keaton Energy Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 2006/011090/06)
JSE share code: KEH ISIN: ZAE000117420
("Keaton Energy" or "the Company")
AWARD AND ACCEPTANCE OF SHARE APPRECIATION RIGHTS
In terms of paragraphs 3.63 - 3.65 of the JSE Limited Listings Requirements, the
following information is disclosed:
Executive director: PBM Miller
Offer date: 24 August 2011
Number of notional shares: 1 955 433
Offer price per notional share: R2-52
Value: R4 927 691.16
Vesting conditions: Subject to a Minimum Employment Period
(three years) and certain performance targets
as noted on the Bonus Award Certificate. To
be exercised by no later than the sixth
anniversary of the Offer date.
Extent of interest: Direct beneficial
Nature of transaction: Notional shares (share appreciation
rights) awarded and accepted in terms of the
Keaton Energy Long-Term Performance Incentive
Scheme (off market)
Clearance to deal obtained: Yes
Executive director: AB Glad
Offer date: 24 August 2011
Number of notional shares: 1 135 559
Offer price per notional share: R2-52
Value: R2 861 608.68
Vesting conditions: Subject to a Minimum Employment Period
(three years) and certain performance targets
as noted on the Bonus Award Certificate. To
be exercised by no later than the sixth
anniversary of the Offer date.
Extent of interest: Direct beneficial
Nature of transaction: Notional shares (share appreciation
rights) awarded and accepted in terms of the
Keaton Energy Long-Term Performance Incentive
Scheme (off market)
Clearance to deal obtained: Yes
Executive director: JG Schonfeldt
Offer date: 24 August 2011
Number of notional shares: 1 161 968
Offer price per notional share: R2-52
Value: R2 928 159.36
Vesting conditions: Subject to a Minimum Employment Period
(three years) and certain performance targets
as noted on the Bonus Award Certificate. To
be exercised by no later than the sixth
anniversary of the Offer date.
Extent of interest: Direct beneficial
Nature of transaction: Notional shares (share appreciation
rights) awarded and accepted in terms of the
Keaton Energy Long-Term Performance Incentive
Scheme (off market)
Clearance to deal obtained: Yes
Bryanston
1 September 2011
Sponsor
Nedbank Capital
Date: 01/09/2011 17:00:02 Produced by the JSE SENS Department.
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