AVU - Avusa Limited - Exercise of share-based incentives by and delivery of
AVU
AVU
AVU - Avusa Limited - Exercise of share-based incentives by, and delivery of
shares to a director of a major subsidiary
AVUSA LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2008/002461/06)
Share code: AVU ISIN code: ZAE000115895
("Avusa")
EXERCISE OF SHARE-BASED INCENTIVES BY, AND DELIVERY OF SHARES TO A DIRECTOR OF A
MAJOR SUBSIDIARY
In compliance with paragraphs 3.63 - 3.70 of the Listings Requirements of the
JSE Limited, the following information relating to the exercise of share-based
incentives by, and the delivery of Avusa shares to, a director of a major
subsidiary, is disclosed:
Director of a major subsidiary Michael Robertson
Company of which a director Avusa Media Limited
Date of exercise of conditional
awards 26 September 2011
Date of delivery of shares 29 September 2011
Exercise price R23,00 per conditional award
Allocation price Nil
Number of shares delivered 20 009 (with 8 004 shares subsequently
sold to settle employee`s tax)
Value of transaction R460 207 (before tax)
Nature of transaction Exercise of conditional awards in terms
of the Long Term Incentive Plan 2008,
and delivery of Avusa shares
Class of securities Avusa ordinary shares
Extent of interest Direct beneficial
Written clearance to deal Yes
Johannesburg
3 October 2011
Sponsor
Nedbank Capital
Date: 03/10/2011 16:05:01 Produced by the JSE SENS Department.
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