AVI - AVI Limited - Acceptance of options by company secretary of AVI
AVI
AVI
AVI - AVI Limited - Acceptance of options by company secretary of AVI
AVI Limited
(Registration Number 1944/017201/06)
Share Code: AVI
ISIN: ZAE000049433
("AVI")
ACCEPTANCE OF OPTIONS BY COMPANY SECRETARY OF AVI
In compliance with Rules 3.63 - 3.74 of the Listings Requirements of the JSE
Limited ("the JSE"), the following information is disclosed:
Company secretary : Sureya Naidoo
Company : AVI
Date of transaction : 12 March 2012
Nature of transaction : Acceptance of options in the AVI
Black Staff Empowerment Scheme Trust
Class of securities : Ordinary shares
Number of options granted : 47,383
Option allocation price : R32.29
Vesting : 1st tranche 1/10/2016 - 15,794 shares
2nd tranche 1/10/2017 - 15,794 shares
3rd tranche 1/10/2018 - 15,795 shares
Total value of transaction : R1,529,997.07
Nature and extent of
interest : Direct beneficial
Clearance obtained : Yes
Illovo
Sandton
13 March 2012
Sponsor
The Standard Bank of South Africa Limited
Date: 13/03/2012 11:50:13 Produced by the JSE SENS Department.
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