CLR/CLRP - Clover Industries Limited - Dealings in share appreciation rights
CLR CLRP
CLR
CLR/CLRP - Clover Industries Limited - Dealings in share appreciation rights
Clover Industries Limited
Incorporated in the Republic of South Africa
(Registration No. 2003/030429/06
Ordinary Share code: CLR ISIN N0: ZAE000152377
Preference Share code: CLRP ISIN No: ZAE000152385
("the Company")
DEALINGS IN SHARE APPRECIATION RIGHTS ("SARs") BY AN EXECUTIVE
Executive : J H F Botes
Company : Clover Industries Limited
Date of transaction : 10 October 2011
Nature of transaction : Exercise of SARs which are
subsequently cash settled in
accordance with the Restated Clover
Share Appreciation Rights Plan
Class of securities : SARs in respect of ordinary shares
Number of SARs exercised : 44 444
Allocation price : Rnil
SAR strike price : R11-00
Total value of transaction : R488 884
Nature of interest : Direct beneficial
Clearance obtained : Yes
Transaction completed : Off market
Johannesburg
11 October 2011
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 11/10/2011 10:00:02 Produced by the JSE SENS Department.
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