HCI - Hosken Consolidated Investments Limited - Grant of options
HCI
HCI
HCI - Hosken Consolidated Investments Limited - Grant of options
HOSKEN CONSOLIDATED INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1973/007111/06)
(Share code: HCI & ISIN: ZAE000003257)
GRANT OF OPTIONS TO DIRECTORS AND OFFICERS
In compliance with Rules 3.63 - 3.74 of the JSE Limited Listing Requirements the
following information regarding the granting and acceptance of options in terms
of the HCI Employee Share Trust (2001) is disclosed (all off market):
Director : Mr M J A Golding
Designation : Executive Chairman
Nature of transaction : Grant and acceptance of option
Date of grant of option : 15 March 2012
Date of acceptance : 23 March 2012
Number of options : 137 015
Option strike price : R72.32 (10% discount to the 20 day
VWAP)
Vesting date of options : 15 March 2015
Expiry date of options : 15 June 2015
Director : Mr J A Copelyn
Designation : Chief Executive Officer
Nature of transaction : Grant and acceptance of option
Date of grant of option : 15 March 2012
Date of acceptance : 23 March 2012
Number of options : 137 015
Option strike price : R72.32 (10% discount to the 20 day
VWAP)
Vesting date of options : 15 March 2015
Expiry date of options : 15 June 2015
Director : Mr T G Govender
Designation : Financial Director
Nature of transaction : Grant and acceptance of option
Date of grant of option : 15 March 2012
Date of acceptance : 23 March 2012
Number of options : 52 424
Option strike price : R72.32 (10% discount to the 20 day
VWAP)
Vesting date of options : 15 March 2015
Expiry date of options : 15 June 2015
Clearance : Clearance in terms of par. 3.66 of
the JSE Listings Requirements was obtained.
26 March 2012
Sponsor: Investec Bank Limited
Date: 26/03/2012 13:03:01 Produced by the JSE SENS Department.
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