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RLO
RLO
RLO - Reunert Limited - Acceptance of options by directors
REUNERT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1913/004355/06)
ISIN: ZAE000057428
Share Code: RLO
("Reunert" or "the Company")
ACCEPTANCE OF OPTIONS BY DIRECTORS
The following directors of the Company have been granted, and accepted options
in terms of the Reunert 2006 share scheme.
Accordingly, in compliance with the JSE Limited Listings Requirements, the
following information is disclosed:
Company : Reunert Limited
Date of transactions : 24 November 2011
Nature of transactions : Grant and acceptance of share
options in respect of the
Reunert 2006 share scheme
Class of securities : Options in respect of ordinary
shares
Period of exercise : 3 years
Vesting : On exercise of the options
Nature of
directors` interests : Direct beneficial
Clearance obtained : Yes
Transactions completed : Off market
Director : DJ Rawlinson
Number of options accepted : 200 000
Option strike price : R60.80
Total value of transaction : R12 160 000
Director : MC Krog
Number of options accepted : 200 000
Option strike price : R60.80
Total value of transaction : R12 160 000
Director : BP Gallagher
Number of options accepted : 100 000
Option strike price : R60.80
Total value of transaction : R6 080 000
Sandton
24 November 2011
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 25/11/2011 15:55:09 Produced by the JSE SENS Department.
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