SEARDEL INVESTMENT CORPORATION LTD - Exercise of Options by Director
SER SRN 201308140005A
Exercise of Options by Director
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 : 18 March 2013
Date of exercise of options : 13 August 2013
Number of options exercised : 750,000
Option strike price : R0.00
Total value of options : R0.00
Clearance obtained par. 3.66 : Yes
Director : Mr D Duncan
Designation : Chief Operating 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 : 18 March 2013
Date of exercise of options : 13 August 2012
Number of options exercised : 525,000
Option strike price : R0.00
Total value of options : R0.00
Clearance obtained par. 3.66 : Yes
All trades are deemed to be completed off market.
Cape Town
14 August 2013
Sponsor: Investec Bank Limited
Date: 14/08/2013 07:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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