CLR - Clover Industries Limited - Dealings in share appreciation rights (SARs)
CLR CLRP
CLR
CLR - Clover Industries Limited - Dealings in share appreciation rights ("SARs")
by a director
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 A DIRECTOR
Executive : L J Botha
Company : Clover Industries Limited
Date of transaction : 15 December 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 : 133 333
Allocation price : Rnil
SAR strike price : R11-28
Total value of transaction : R1 503 996-24
Nature of interest : Direct beneficial
Clearance obtained : Yes
Transaction completed : Off market
Johannesburg
19 December 2011
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 19/12/2011 10:00:01 Produced by the JSE SENS Department.
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