KELLY GROUP LIMITED - Acceptance Of Allocated Share Appreciation Rights In Terms Of The Kelly Group Limited Share Appreciation Plan
KEL 201312050034A
Acceptance Of Allocated Share Appreciation Rights In Terms Of The Kelly Group Limited Share Appreciation Plan
KELLY GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1999/026249/06)
Share code: KEL
ISIN: ZAE000093373
ACCEPTANCE OF ALLOCATED SHARE APPRECIATION RIGHTS IN TERMS OF THE KELLY
GROUP LIMITED SHARE APPRECIATION PLAN
In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:
Director : GJ Tindall
Company : Kelly Group Limited
Date of allocation : 4 December 2013
Date of acceptance : 5 December 2013
Nature of transaction : Off-market acceptance of allocation of
Share Appreciation Rights (“SARs”) made
in terms of the Kelly Group Limited
Share Appreciation Plan
Class of securities : SARs in respect of ordinary shares
Number of SARs allocated : 800,000
Allocation strike price : R1.74
Periods of exercise and
vesting : 1/3 on or after 2nd anniversary of
allocation date
1/3 on or after 3rd anniversary of
allocation date
Final 1/3 on or after 4th anniversary of
allocation date
Total value of transaction : R1,392,000
Director’s interest : Direct beneficial
Clearance obtained : Yes
Director : L Wilson
Company : Kelly Group Limited
Date of allocation : 4 December 2013
Date of acceptance : 5 December 2013
Nature of transaction : Off-market acceptance of allocation of
SARs made in terms of the Kelly Group
Limited Share Appreciation Plan
Class of securities : SARs in respect of ordinary shares
Number of SARs allocated : 500,000
Allocation strike price : R1.74
Periods of exercise and
vesting : 1/3 on or after 2nd anniversary of
allocation date
1/3 on or after 3rd anniversary of
allocation date
Final 1/3 on or after 4th anniversary of
allocation date
Total value of transaction : R870,000
Director’s interest : Direct beneficial
Clearance obtained : Yes
Sandton
5 December 2013
Sponsor
PSG Capital
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