HULAMIN LIMITED - Acceptance of rights to participate in share incentive plans by directors and company secretary update
HLM 201303120058A
Acceptance of rights to participate in share incentive plans by directors and company secretary – update
HULAMIN LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1940/013924/06)
ISIN: ZAE000096210
Share Code: HLM
(“Hulamin” or “the Company”)
ACCEPTANCE OF RIGHTS TO PARTICIPATE IN SHARE INCENTIVE PLANS BY DIRECTORS AND COMPANY
SECRETARY – UPDATE
Shareholders are referred to the Company’s announcement released on SENS earlier today, and
are advised that this updated announcement replaces the one released earlier.
On 11 March 2013, Executive directors accepted rights to participate in Hulamin's share
incentive plans as follows:
Share appreciation rights in respect of ordinary shares, which are off market and which are
subject to performance conditions and vest after three years at a grant price of R4.56.
R G Jacob 530 732 rights Direct Beneficial
C D Hughes (Note 1) 243 345 rights Direct Beneficial
M Z Mkhize 241 172 rights Direct Beneficial
Long term incentive plan awards, which are off market and which are subject to performance
conditions and vest after three years.
R G Jacob 198 772 conditional awards Direct Beneficial
C D Hughes (Note 1) 106 329 conditional awards Direct Beneficial
M Z Mkhize 105 379 conditional awards Direct Beneficial
Long term incentive plan awards, which are off market and which are subject to no
performance conditions and vest after three years.
R G Jacob 66 257 conditional awards Direct Beneficial
C D Hughes (Note 1) 35 443 conditional awards Direct Beneficial
M Z Mkhize 35 126 conditional awards Direct Beneficial
Note 1: Former Chief Financial Officer who retired as a board member on 28 February 2013,
and which was announced on SENS on 22 February 2013.
On 11 March 2013, the Company Secretary accepted rights to participate in Hulamin's share
incentive plans as follows:
Share appreciation rights in respect of ordinary shares, which are off market and which are
subject to performance conditions and vest after three years at a grant price of R4.56.
W Fitchat 139 178 rights Direct Beneficial
Long term incentive plan awards, which are off market and which are subject to performance
conditions and vest after three years.
W Fitchat 23 167 conditional awards Direct Beneficial
Long term incentive plan awards, which are off market and which are subject to no
performance conditions and vest after three years.
W Fitchat 7 722 conditional awards Direct Beneficial
The allocations and their acceptance have been approved by the Board.
12 March 2013
Pietermaritzburg
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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