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ELR
ELR
ELR - ELB Group Limited - Dealings in securities by directors of a major
subsidiary
ELB GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1930/002553/06
ISIN: ZAE000035101
Share Code: ELR
("ELB")
DEALINGS IN SECURITIES BY DIRECTORS OF A MAJOR SUBSIDIARY
In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:
EXERCISE OF OPTIONS
Director : Stephen John Meijers
Company : ELB Engineering Services (Pty) Limited
Date of transaction : 4 April 2012
Nature of transaction : Off market exercise of options granted
in terms of the ELB Share Incentive Scheme
Class of securities : Options in respect of ordinary shares
Number of options : 200,000
Option strike price : 1250 cents per share
Vesting : Immediate upon exercise of options
Total value of transaction : R2 500 000
Nature of interest : Direct beneficial
Clearance obtained : Yes
Director : Jolandi Salomons
Company : ELB Engineering Services (Pty) Ltd
Date of transaction : 4 April 2012
Nature of transaction : Off market exercise of options granted
in terms of the ELB Share Incentive Scheme
Class of securities : Options in respect of ordinary shares
Vesting : Immediate upon exercise of options
Number of options : 7000
Option strike price : 1250 cents per share
Total value of transaction : R87 500
Number of options : 4 000
Option strike price : 1289 cents per share
Total value of transaction : R51 560
Nature of interest : Direct beneficial
Clearance obtained : Yes
Boksburg
05 April 2012
Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)
Date: 05/04/2012 11:53:01 Produced by the JSE SENS Department.
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