Absa Group Limited - Dealings In Securities By A D
IN ACCORDANCE WITH THE REQUIREMENTS OF PARAGRAPH 3.72 TO 3.75 OF THE LISTING
REQUIREMENTS, THE FOLLOWING SHOULD BE NOTED:
DIRECTOR : DC CRONJE
(NON-EXECUTIVE DIRECTOR)
DATE OF TRANSACTION : 14 JUNE 2001
ACQUISITION PRICES (PER SHARE): 50 000 AT 1 422 CENTS
100 000 AT 2 077 CENTS
100 000 AT 1 785 CENTS
EXERCISE PRICE (PER SHARE) : 3614 cents
NUMBER OF SHARES/OPTIONS : 250 000
CLASS OF SECURITY : ORDINARY SHARES
NATURE OF TRANSACTION : SALE/PURCHASE OF SHARES ARISING FROM
EXERCISE OF OPTIONS HELD UNDER THE ABSA
SHARE INCENTIVE SCHEME.20 000 OF THE
OPTIONS WITH AN ACQUISITION PRICE OF 1 422
CENTS WERE PURCHASED. THE REMAINDER (230
000 OPTIONS) WERE SOLD. IN TERMS OF THE
RULES OF THE SCHEME, ALL OF THE ABOVE
OPTIONS EXPIRE DURING 2001 AND MUST BE
IMPLEMENTED PRIOR TO THEIR EXPIRY, FAILING
WHICH THEY WILL LAPSE.
DR DC CRONJE'S SHAREHOLDING
IN ABSA GROUP LIMITED
FOLLOWING THIS
NOTIFICATION IS : 253 942 shares
EXTENT OF INTEREST : BENEFICIAL
15 JUNE 2001
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