ELB GROUP LIMITED - Exercise of options by directors of a major subsidiary
ELR ELRP 201209210029A
Exercise of options 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
EXERCISE OF OPTIONS BY DIRECTORS OF A MAJOR SUBSIDIARY
In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:
Director : ANTONIO MANUEL MAIA PINTO
Company : ELB ENGINEERING SERVICES (PTY) LIMITED (a
major subsidiary of ELB GROUP LIMITED)
Date of transaction : 20 September 2012
Nature of transaction : Exercise of options
Class of securities : Options in respect of ordinary shares
Number of options exercised : 9000
Option strike price : 1250 cents
Vesting : Immediate upon exercise of options
Total value of transaction : R112 500
Nature of interest : Direct beneficial
Clearance obtained : Yes
Transaction completed : Off market
Director : JOLANDI SALOMONS
Company : ELB ENGINEERING SERVICES (PTY) LIMITED (a
major subsidiary of ELB GROUP LIMITED)
Date of transaction : 21 September 2012
Nature of transaction : Exercise of options
Class of securities : Options in respect of ordinary shares
Number of options exercised : 7000
Option strike price : 1250 cents
Vesting : Immediate upon exercise of options
Total value of transaction : R87 500
Nature of interest : Direct beneficial
Clearance obtained : Yes
Transaction completed : Off market
Director : JOLANDI SALOMONS
Company : ELB ENGINEERING SERVICES (PTY) LIMITED (a
major subsidiary of ELB GROUP LIMITED)
Date of transaction : 21 September 2012
Nature of transaction : Exercise of options
Class of securities : Options in respect of ordinary shares
Number of options exercised : 4000
Option strike price : 1289 cents
Vesting : Immediate upon exercise of options
Total value of transaction : R51 560
Nature of interest : Direct beneficial
Clearance obtained : Yes
Transaction completed : Off market
Boksburg
21 September 2012
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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