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SER SRN
SER
SER/SRN - Seardel - Dealing in Securities
Seardel Investment Corporation Limited
Registration no. 1968/011249/06
(Incorporated in the Republic of South Africa)
JSE Code: SER ISIN Code: ZAE000029815
JSE Code: SRN ISIN Code: ZAE000030144
("Seardel")
DEALING IN SECURITIES
Shareholders are advised of the following information relating to the dealing
in securities by directors of Seardel and of a major subsidiary of Seardel:
Name of director: S A Queen
Name of group company: Seardel Investment Corporation
Limited
Class of security: Options
Date of transaction: 20 July 2012
Strike/exercise date: 20 July 2013 (first exercise
date)
Number of securities: 2, 173, 335
Strike / exercise price: R1.10
Total value: R2, 390, 669
Nature of transaction: Acceptance of options (off-
market)
Nature and extent of director`s interest: Direct beneficial
Periods of exercise / vesting: 10% 20 July 2013
20% 20 July 2014
30% 20 July 2015
40% 20 July 2016
Clearance to deal received: Yes
Name of director: G D T Wege
Name of group company: Seardel Investment Corporation
Limited
Class of security: Options
Date of transaction: 20 July 2012
Strike/exercise date: 20 July 2013 (first exercise
date)
Number of securities: 753, 655
Strike / exercise price: R1.10
Total value: R829, 021
Nature of transaction: Acceptance of options (off-
market)
Nature and extent of director`s interest: Direct beneficial
Periods of exercise / vesting: 10% 20 July 2013
20% 20 July 2014
30% 20 July 2015
40% 20 July 2016
Clearance to deal received: Yes
Name of director: D Duncan
Name of group company: Seardel Group Trading (Pty)
Limited
Class of security: Options
Date of transaction: 20 July 2012
Strike/exercise date: 20 July 2013 (first exercise
date)
Number of securities: 633, 889
Strike / exercise price: R1.10
Total value: R697, 278
Nature of transaction: Acceptance of options (off-
market)
Nature and extent of director`s interest: Direct beneficial
Periods of exercise / vesting: 10% 20 July 2013
20% 20 July 2014
30% 20 July 2015
40% 20 July 2016
Clearance to deal received: Yes
22 June 2012
Date: 22/06/2012 15:24:01 Produced by the JSE SENS Department.
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