| Thu 28 Jun 2012, 11:44 | | SUI - Sun International Limited - Directors dealing in securities |
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SUI
SUI
SUI - Sun International Limited - Directors dealing in securities
Sun International Limited
(Registration number: 1967/007528/06)
Share code: SUI
ISIN: ZAE000097580
("the company")
DIRECTORS DEALING IN SECURITIES
In compliance with par. 3.63 - 3.74 of the JSE Limited`s ("JSE") Listings
Requirements, the following information relating to rights and awards which
took place on 27 June 2012 is announced:
1 EQUITY GROWTH PLAN
Equity growth rights, vesting after a 3 year performance period, subject
to performance conditions, at a grant price of R90.07 granted to:
Executive directors:
R P Becker 31 813 rights
K H Mazwai 13 534 rights
Company secretary:
C A Reddiar 13 943 rights
2 CONDITIONAL SHARE PLAN
Forfeitable share awards, vesting after a 3 year performance period,
subject to performance conditions and to the extent that these have been
satisfied, at a grant price of R86.55 granted to:
Executive directors:
R P Becker 35 027 forfeitable shares (offer accepted 28 June
2012)
K H Mazwai 15 003 forfeitable shares (offer accepted 28 June
2012)
Company secretary:
C A Reddiar 15 351 forfeitable shares (offer accepted 28 June
2012)
3 RESTRICTED SHARE PLAN
Forfeitable shares (50%, 25% and 25% vesting after 3, 4 and 5 years
respectively), subject to continued employment for the duration of the
vesting periods, based on a price of R89.25 per forfeitable share,
awarded to:
Executive directors:
R P Becker 69 795 forfeitable shares (offer accepted 28 June
2012)
K H Mazwai 44 538 forfeitable shares (offer accepted 28 June
2012)
Company secretary:
C A Reddiar 30 589 forfeitable shares (offer accepted 28 June
2012)
The rights and awards have been granted in terms of the rules of the
Company`s respective share plans as adopted and approved.
Clearance has been received in terms of par 3.66 of the JSE`s Listings
Requirements in respect of all the above transactions. All interests in
the transactions are direct and beneficial.
28 June 2012
Sponsor:
Investec Bank Limited
Date: 28/06/2012 11:44:01 Produced by the JSE SENS Department.
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