| Wed 5 Mar 2014, 16:30 | | KUMBA IRON ORE LIMITED - Exercise of options and subsequent sale of shares by directors of a major subsidiary of Kumba |
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KIO 201403050035A
Exercise of options and subsequent sale of shares by directors of a major subsidiary of Kumba
Kumba Iron Ore Limited
A member of the Anglo American plc group
(Incorporated in the Republic of South Africa)
(Registration number 2005/015852/06)
Share code: KIO
ISIN: ZAE000085346
("Kumba")
EXERCISE OF OPTIONS AND SUBSEQUENT SALE OF SHARES BY DIRECTORS OF A
MAJOR SUBSIDIARY OF KUMBA
In terms of paragraphs 3.63 - 3.65 of the Listings Requirements of
the JSE Limited, the following information is disclosed:
Director : Billy Mawasha
Company : Sishen Iron Ore Company (Pty) Ltd
Vesting date : 01 March 2014
Date of transaction : 03 March 2014
Nature of transaction : Off market exercise of bonus shares in
terms of the Kumba Bonus Share Plan
Class of securities : Ordinary shares
Number of bonus shares : 3,018
Price per share : R439.00
Value of transaction : R1,324,902.00
Nature of interest : Direct beneficial
Clearance obtained : Yes
Date of transaction : 03 March 2014
Nature of transaction : On market sale of shares
Class of securities : Ordinary shares
Number of shares sold : 1,267
Selling price : R437.26
Value of transaction : R554,008.42
Nature of interest : Direct beneficial
Clearance obtained : Yes
Director : Francois Louw
Company : Sishen Iron Ore Company (Pty) Ltd
Vesting date : 01 March 2014
Date of transaction : 03 March 2014
Nature of transaction : Off market exercise of bonus shares in
terms of the Kumba Bonus Share Plan
Class of securities : Ordinary shares
Number of bonus shares : 4,652
Price per share : R439.82
Value of transaction : R2,046,042.64
Nature of interest : Direct beneficial
Clearance obtained : Yes
Date of transaction : 03 March 2014
Nature of transaction : On market sale of shares
Class of securities : Ordinary shares
Number of shares sold : 4,652
Selling price : R435.36
Value of transaction : R2,025,294.72
Nature of interest : Direct beneficial
Clearance obtained : Yes
Director : Aart van den Brink
Company : Sishen Iron Ore Company (Pty) Ltd
Vesting date : 01 March 2014
Date of transaction : 03 March 2014
Nature of transaction : Off market exercise of bonus shares in
terms of the Kumba Bonus Share Plan
Class of securities : Ordinary shares
Number of bonus shares : 2,996
Price per share : R439.82
Value of transaction : R1,317,700.72
Nature of interest : Direct beneficial
Clearance obtained : Yes
Date of transaction : 03 March 2014
Nature of transaction : On market sale of shares
Class of securities : Ordinary shares
Number of shares sold : 1,258
Selling price : R435.36
Value of transaction : R547,682.88
Nature of interest : Direct beneficial
Clearance obtained : Yes
Centurion
05 March 2014
For enquiries contact:
Kevin Lester
Acting Company Secretary
Kumba Iron Ore Limited
Tel: (012) 683 7000
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 05/03/2014 04:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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