CLOVER INDUSTRIES LIMITED - Dealings in share appreciation rights (SARs) by a director
CLR 201310090050A
Dealings in share appreciation rights (“SARs”) by a director
Clover Industries Limited
Incorporated in the Republic of South Africa
(Registration No. 2003/030429/06)
Ordinary Share code: CLR ISIN NO: ZAE000152377
(“the Company”)
DEALINGS IN SHARE APPRECIATION RIGHTS (“SARs”) BY A DIRECTOR
Director : L J Botha
Company : Clover Industries Limited
Date of transaction : 9 October 2013
Nature of transaction : Exercise of SARs which are subsequently
cash settled in accordance with the
Restated Clover Share Appreciation
Rights Plan
Class of securities : SARs in respect of ordinary shares
Number of SARs exercised : 80 000
Allocation price : Rnil
SAR strike price : R16-73
Total value of transaction : R1 338 400-00
Nature of interest : Direct beneficial
Clearance obtained : Yes
Transaction completed : Off market
Johannesburg
9 October 2013
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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