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AVU
AVU
AVU - Avusa Limited - Acceptance of Share-Based Incentives by executive
directors, company secretary and directors 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")
ACCEPTANCE OF SHARE-BASED INCENTIVES BY EXECUTIVE DIRECTORS, COMPANY SECRETARY
AND DIRECTORS OF A MAJOR SUBSIDIARY
In terms of paragraphs 3.63 - 3.70 of the Listings Requirements of the JSE
Limited, the following information relating to the acceptance of share-based
incentives by executive directors, the company secretary and directors of a
major subsidiary, is disclosed:
Executive director Prakash Desai
Company of which a director Avusa
Transaction date 30 September 2011
Class of securities Share appreciation rights
Number of securities 78 453
Allocation price R22,77 per right
Value of transaction R1 786 374,81
Vesting period Share appreciation rights vest in three years
subject to the fulfilment of a performance
condition
Nature of transaction Grant and acceptance of share appreciation
rights (off-market)
Extent of interest Direct beneficial
Written clearance to deal Yes
Executive director Prakash Desai
Company of which a director Avusa
Transaction date 30 September 2011
Class of securities Conditional awards
Number of securities 78 453
Allocation price Nil per conditional award
Value of transaction Conditional award
Vesting period Conditional awards vest in three years subject to
the fulfilment of a performance condition
Nature of transaction Grant and acceptance of conditional awards
(off-market)
Extent of interest Direct beneficial
Written clearance to deal Yes
Executive director Prakash Desai
Company of which a director Avusa
Transaction date 30 September 2011
Class of securities Conditional matching awards
Number of securities 38 834
Allocation price Nil per conditional matching award
Value of transaction Conditional matching award
Vesting period Conditional matching awards vest in three
years subject to still being in the employ of
Avusa
Nature of transaction Grant and acceptance of conditional matching
awards (off-market)
Extent of interest Direct beneficial
Written clearance to deal Yes
Executive director Howard Benatar
Company of which a director Avusa
Transaction date 30 September 2011
Class of securities Share appreciation rights
Number of securities 27 352
Allocation price R22,77 per right
Value of transaction R622 805,04
Vesting period Share appreciation rights vest in three years
subject to the fulfilment of a performance
condition
Nature of transaction Grant and acceptance of share appreciation rights
(off-market)
Extent of interest Direct beneficial
Written clearance to deal Yes
Executive director Howard Benatar
Company of which a director Avusa
Transaction date 30 September 2011
Class of securities Conditional awards
Number of securities 27 352
Allocation price Nil per conditional award
Value of transaction Conditional award
Vesting period Conditional awards vest in three years subject
to the fulfilment of a performance condition
Nature of transaction Grant and acceptance of conditional awards
(off-market)
Extent of interest Direct beneficial
Written clearance to deal Yes
Executive director Howard Benatar
Company of which a director Avusa
Transaction date 30 September 2011
Class of securities Conditional matching awards
Number of securities 9 565
Allocation price Nil per conditional matching award
Value of transaction Conditional matching award
Vesting period Conditional matching awards vest in three years
subject to still being in the employ of Avusa
Nature of transaction Grant and acceptance of conditional matching
awards (off-market)
Extent of interest Direct beneficial
Written clearance to deal Yes
Company secretary Joanne Matisonn
Company of which company
secretary Avusa
Transaction date 30 September 2011
Class of securities Share appreciation rights
Number of securities 13 093
Allocation price R22,77 per right
Value of transaction R298 127,61
Vesting period Share appreciation rights vest in three years
subject to the fulfilment of a performance
condition
Nature of transaction Grant and acceptance of share appreciation rights
(off-market)
Extent of interest Direct beneficial
Written clearance to deal Yes
Company secretary Joanne Matisonn
Company of which company
secretary Avusa
Transaction date 30 September 2011
Class of securities Conditional awards
Number of securities 7 274
Allocation price Nil per conditional award
Value of transaction Conditional award
Vesting period Conditional awards vest in three years subject to
the fulfilment of a performance condition
Nature of transaction Grant and acceptance of conditional awards
(off-market)
Extent of interest Direct beneficial
Written clearance to deal Yes
Subsidiary director Michael Robertson
Subsidiary of which
a director Avusa Media Limited
Transaction date 30 September 2011
Class of securities Share appreciation rights
Number of securities 28 567
Allocation price R22,77 per right
Value of transaction R650 470,59
Vesting period Share appreciation rights vest in three years
subject to the fulfilment of a performance
condition
Nature of transaction Grant and acceptance of share appreciation
rights (off-market)
Extent of interest Direct beneficial
Written clearance to deal Yes
Subsidiary director Michael Robertson
Subsidiary of which
a director Avusa Media Limited
Transaction date 30 September 2011
Class of securities Conditional awards
Number of securities 25 393
Allocation price Nil per conditional award
Value of transaction Conditional award
Vesting period Conditional awards vest in three years subject
to the fulfilment of a performance condition
Nature of transaction Grant and acceptance of conditional awards
(off-market)
Extent of interest Direct beneficial
Written clearance to deal Yes
Executive director Michael Robertson
Company of which a director Avusa Media Limited
Transaction date 30 September 2011
Class of securities Conditional matching awards
Number of securities 9 427
Allocation price Nil per conditional matching award
Value of transaction Conditional matching award
Vesting period Conditional matching awards vest in three
years subject to still being in the employ of
Avusa
Nature of transaction Grant and acceptance of conditional matching
awards (off market)
Extent of interest Direct beneficial
Written clearance to deal Yes
Subsidiary director Ashok Lachman
Subsidiary of which
a director Avusa Media Limited
Transaction date 30 September 2011
Class of securities Share appreciation rights
Number of securities 18 749
Allocation price R22,77 per right
Value of transaction R426 914,73
Vesting period Share appreciation rights vest in three
years subject to the fulfilment of a performance
condition
Nature of transaction Grant and acceptance of share appreciation
rights (off-market)
Extent of interest Direct beneficial
Written clearance to deal Yes
Subsidiary director Ashok Lachman
Subsidiary of which
a director Avusa Media Limited
Transaction date 30 September 2011
Class of securities Conditional awards
Number of securities 10 416
Allocation price Nil per conditional award
Value of transaction Conditional award
Vesting period Conditional awards vest in three years subject
to the fulfilment of a performance condition
Nature of transaction Grant and acceptance of conditional awards
(off-market)
Extent of interest Direct beneficial
Written clearance to deal Yes
Johannesburg
3 October 2011
Sponsor
Nedbank Capital
Date: 03/10/2011 16:06:03 Produced by the JSE SENS Department.
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