EXX - Exxaro - Exercise of Conditional Awards granted in terms of the Long Term
EXX
EXX
EXX - Exxaro - Exercise of Conditional Awards granted in terms of the Long Term
Incentive Plan to a Director of Exxaro`s major subsidiary
EXXARO RESOURCES LIMITED
(Incorporated in the Republic of South Africa)
Registration Number: 2000/011076/06
JSE share code: EXX
ISIN: ZAE000084992
ADR code: EXXAY
(Exxaro)
EXERCISE OF CONDITIONAL AWARDS GRANTED IN TERMS OF THE LONG TERM INCENTIVE PLAN
(LTIP SCHEME) TO A DIRECTOR OF EXXARO`S MAJOR SUBSIDIARY
In terms of paragraphs 3.63 and 3.65 of the JSE Listings Requirements notice is
hereby given that a director of Exxaro`s major subsidiary exercised awards
granted in terms of the LTIP Scheme, after having received clearance to do so in
terms of paragraph 3.66 of the JSE Listings Requirements.
Class of shares: Ordinary
Nature of transaction: Exercise of conditional awards granted in terms of the
LTIP Scheme
Nature of interest: Direct Beneficial
Date of transaction: 05 April 2012
LTIP vesting date: 01 April 2012
Vesting period: 3 years
Name: MDM Mgojo
Director: Exxaro Coal Proprietary Limited
Number of shares: 11 705
Strike price per share: R203.99
Value of shares: R2,387,702.95
Name: MDM Mgojo
Director: Exxaro Coal Proprietary Limited
Number of shares: 15 831
Strike price per share: R197.54
Value of shares: R3,127,255.74
11 April 2012
CH WESSELS
GROUP COMPANY SECRETARY
Sponsor
Deutsche Securities (SA) Proprietary Limited
Date: 11/04/2012 15:41:01 Produced by the JSE SENS Department.
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