RLO - Reunert Ltd - Exercise of options and subsequent sale of shares by a
RLO
RLO
RLO - Reunert Ltd - Exercise of options and subsequent sale of shares by a
director of a major subsidiary
REUNERT LTD
(Incorporated in the Republic of South Africa)
(Registration number: 1913/004355/06)
ISIN: ZAE000057428
Share Code: RLO
EXERCISE OF OPTIONS AND SUBSEQUENT SALE OF SHARES BY A DIRECTOR OF A MAJOR
SUBSIDIARY
In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:
Director : JC Ellis
Company : Nashua Mobile (A major subsidiary of
Reunert Ltd)
Date of transaction : 02 September 2011
Nature of transaction : Off market exercise of options
Class of securities : Options in respect of ordinary shares
Number of options exercised : 30,000
Option strike price : R41.90
Total value of transaction : R1,257,000
Date of transaction : 02 September 2011
Nature of transaction : On market sale of shares
Class of securities : Ordinary shares
Number of shares sold : 30,000
Selling price : R58.31
Total value of transaction : R1,749,422.50
Nature of interests : Indirect beneficial
Clearance obtained : Yes
Sandton
06 September 2011
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 06/09/2011 16:34:01 Produced by the JSE SENS Department.
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