|
DST
DST
DST - Distell Group Limited - Acceptance of share appreciation rights ("SAR") by
directors and the company secretary
DISTELL GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1988/005808/06)
ISIN: ZAE000028668
Share Code: DST
("Distell")
ACCEPTANCE OF SHARE APPRECIATION RIGHTS ("SAR") BY DIRECTORS AND THE COMPANY
SECRETARY
Executive directors and the company secretary of Distell, and directors of
Distell Limited (a major subsidiary of Distell Group Limited) accepted SARs (in
respect of ordinary shares) on 29 November 2011 at a grant price of R66-00 per
SAR, which is based on the closing price of Distell shares on 24 November 2011.
COMPANY NUMBER OF TOTAL VALUE OF NATURE OF
SARS TRANSACTION INTEREST
MJ Botha Distell 8 921 R588 786.00 Direct
beneficial
JJ Scannell Distell 87 630 R5 783 580.00 Direct
beneficial
CJ Cronje Distell 17 073 R1 126 818.00 Direct
(company beneficial
secretary)
W Buhrmann Distell 24 204 R1 597 464.00 Direct
Limited (a beneficial
major
subsidiary
of Distell
Group
Limited)
PF Carolin Distell 27 707 R1 828 662.00 Direct
Limited (a beneficial
major
subsidiary
of Distell
Group
Limited)
DJ Gallow Distell 20 971 R1 384 086.00 Direct
Limited (a beneficial
major
subsidiary
of Distell
Group
Limited)
C Gous Distell 5 121 R337 986.00 Direct
Limited (a beneficial
major
subsidiary
of Distell
Group
Limited)
VC de Vries Distell 1 785 R117 810.00 Direct
Limited (a beneficial
major
subsidiary
of Distell
Group
Limited)
D M Hegland Distell 29 161 R1 924 626.00 Direct
Limited (a beneficial
major
subsidiary
of Distell
Group
Limited)
SW Klopper Distell 15 249 R1 006 434.00 Direct
Limited (a beneficial
major
subsidiary
of Distell
Group
Limited)
MG Distell 6 801 R448 866.00 Direct
Lambrechts Limited (a beneficial
major
subsidiary
of Distell
Group
Limited)
NT Moodley Distell 18 430 R1 216 380.00 Direct
Limited (a beneficial
major
subsidiary
of Distell
Group
Limited)
K Pillay Distell 7 624 R503 184.00 Direct
Limited (a beneficial
major
subsidiary
of Distell
Group
Limited)
MR Searle Distell 10 288 R679 008.00 Direct
Limited (a beneficial
major
subsidiary
of Distell
Group
Limited)
CLC Snyman Distell 5 227 R344 982.00 Direct
Limited (a beneficial
major
subsidiary
of Distell
Group
Limited)
JJ Venter Distell 5 639 R372 174.00 Direct
Limited (a beneficial
major
subsidiary
of Distell
Group
Limited)
The SARs may be exercised as follows:
- up to one third of the SARs may be exercised on or after the third
anniversary of the date of grant;
- up to two thirds of the SARs may be exercised on or after the fourth
anniversary of the date of grant, to the extent that they have not been
exercised previously;
- all of the SARs may be exercised on or after the fifth anniversary of the
date of grant, to the extent that they have not been exercised previously;
- all SARs must be exercised by the seventh anniversary of the date of grant.
Approval for the above transactions has been obtained, and all transactions were
completed off market.
Stellenbosch
01 December 2011
Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)
Date: 01/12/2011 16:45:01 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
| Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
