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Mon 5 Dec 2011, 14:55 OPT - Optimum Coal Holdings Limited - Dealings in securities by directors
OPT
OPT                                                                             
OPT - Optimum Coal Holdings Limited - Dealings in securities by directors       
OPTIMUM COAL HOLDINGS LIMITED                                                   
(Incorporated in the Republic of South Africa)                                  
(Registration number 2006/007799/06)                                            
Share code: OPT                                                                 
ISIN: ZAE000144663                                                              
Issuer code: OPT                                                                
DEALINGS IN SECURITIES BY DIRECTORS                                             
In compliance with the JSE Limited Listings Requirements, the following         
information is disclosed:                                                       
Director  :                        Mr PK Gain                                   
Company   :                        Optimum Coal Holdings Limited                
Date of transaction :              5 December 2011                              
Nature of transaction    :         On market sale of securities                 
Number of securities     :         2 400 000                                    
Class of securities :              Ordinary shares                              
Selling price  :                   R38.00                                       
Total value of transaction    :    R91 200 000                                  
Nature of interest  :              Direct beneficial                            
Clearance obtained  :              Yes                                          
Director  :                        Mr TI Borman                                 
Company   :                        Optimum Coal Holdings Limited                
Date of transaction :              5 December 2011                              
Nature of transaction    :         On market sale of securities                 
Number of securities     :         2 600 000                                    
Class of securities :              Ordinary shares                              
Selling price  :                   R38.00                                       
Total value of transaction    :    R98 800 000                                  
Nature of interest  :              Direct beneficial                            
Clearance obtained  :              Yes                                          
Director  :                        Mr DR Gain                                   
Company   :                        Optimum Coal Holdings Limited                
Date of transaction :              5 December 2011                              
Nature of transaction    :         On market sale of securities                 
Number of securities     :         505 000                                      
Class of securities :              Ordinary shares                              
Selling price  :                   R38.00                                       
Total value of transaction    :    R19 190 000                                  
Nature of interest  :              Direct beneficial                            
Clearance obtained  :              Yes                                          
Director  :                        Mr DR Gain                                   
Company   :                        Optimum Coal Holdings Limited                
Date of transaction :              5 December 2011                              
Nature of transaction    :         Off market exercise of options and           
                                  subsequent off market sale upon vesting       
                                  thereof, in terms of the Optimum Executive    
                                  Share Incentive Trust                         
Number of securities exercised                                                  
and sold  :                        333 333                                      
Class of securities :              Options in respect of ordinary               
                                  shares                                        
Option strike price :              R11.60                                       
Selling price  :                   R38.00                                       
Total value of sale :              R12 666 654.00                               
Nature of interest  :              Direct beneficial                            
Clearance obtained  :              Yes                                          
www.optimumcoal.com                                                             
5 December 2011                                                                 
Johannesburg                                                                    
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Financial Communications Advisers                                               
COLLEGE HILL                                                                    
Date: 05/12/2011 14:55:06 Produced by the JSE SENS Department.                  
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