SEARDEL INVESTMENT CORPORATION LTD - Director Dealing in Securities
SER SRN 201209030044A
Director Dealing in Securities
SEARDEL INVESTMENT CORPORATION LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1968/011249/06)
Share code: SER ISIN Code: ZAE000029815
Share code: SRN ISIN Code: ZAE000030144
("Seardel")
EXERCISE OF OPTIONS BY DIRECTOR
In compliance with Rules 3.63 - 3.74 of the JSE Limited Listing Requirements
the following information regarding the off-market exercise of options in
terms of the Seardel Long Term Incentive Trust is disclosed:
Director : Mr G D T Wege
Designation : Chief Financial Officer
Nature of transaction : Exercise of options
Class of securities : Ordinary shares - Direct Beneficial
Date of grant of options : 18 March 2010
Date of vesting of options : 15 August 2012
Date of exercise of options : 31 August 2012
Number of options exercised : 750,000
Option strike price : R0.00
Total value of options : R0.00
Director : Mr G D T Wege
Designation : Chief Financial Officer
Nature of transaction : Exercise of options
Class of securities : Ordinary shares - Direct Beneficial
Date of grant of options : 16 July 2010
Date of vesting of options : 15 August 2012
Date of exercise of options : 31 August 2012
Number of options exercised : 123 750
Option strike price : R0.42
Total value of options : R51,975
Director : Mr D Duncan
Designation : Director – Subsidiary Company
Nature of transaction : Exercise of options
Class of securities : Ordinary shares - Direct Beneficial
Date of grant of options : 18 March 2010
Date of vesting of options : 15 August 2012
Date of exercise of options : 31 August 2012
Number of options exercised : 525,000
Option strike price : R0.00
Total value of options : R0.00
Director : Mr D Duncan
Designation : Director – Subsidiary Company
Nature of transaction : Exercise of options
Class of securities : Ordinary shares - Direct Beneficial
Date of grant of options : 16 July 2010
Date of vesting of options : 15 August 2012
Date of exercise of options : 31 August 2012
Number of options exercised : 86 625
Option strike price : R0.42
Total value of options : R36,383
Clearance : Clearance in terms of par. 3.66 of
the JSE Listings Requirements was
obtained.
All trades are deemed to be completed off market.
3 September 2012
Sponsor: Investec Bank Limited
Date: 03/09/2012 02:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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