EXXARO RESOURCES LIMITED - Exercise of conditional awards granted in terms of the Long Term Incentive Plan
EXX 201404110013A
Exercise of conditional awards granted in terms of the Long Term Incentive Plan
EXXARO RESOURCES LIMITED
(Incorporated in the Republic of South Africa)
Registration Number: 2000/011076/06
JSE share code: EXX
ISIN: ZAE000084992
ADR code: EXXAY
(Exxaro)
EXERCISE OF CONDITIONAL AWARDS GRANTED IN TERMS OF THE LONG TERM
INCENTIVE PLAN (LTIP SCHEME) BY A DIRECTOR OF EXXARO AND A DIRECTOR
OF A MAJOR SUBSIDIARY
In terms of paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements notice is
hereby given that a director of Exxaro and a director of a major subsidiary of Exxaro
exercised awards granted in terms of the LTIP Scheme and sold Exxaro ordinary shares,
after having received clearance to do so in terms of paragraph 3.66 of the JSE Limited
Listings Requirements.
Class of shares: Ordinary
Nature of transaction: Exercise of conditional awards granted and on market
sale in terms of the LTIP Scheme
Nature of interest: Direct Beneficial
Date of transaction: 09 April 2014
LTIP vesting date: 01 April 2014
Vesting period: 3 years
Name: SA Nkosi
Director: Exxaro Resources Limited
LTIP award: 34,801
Shares transferred to his
portfolio: 20,039
Number of shares sold: 14,762
Sale price per share: R145.15
Value of shares sold: R2,807,063.12
Name: AM Mukhuba
Director: Exxaro Coal Proprietary Limited
LTIP award: 2,977
Shares transferred to her
portfolio: 1,714
Number of shares sold: 1,263
Sale price per share R145.30
Value of shares: R183,513.90
11 April 2014
CH WESSELS
GROUP COMPANY SECRETARY
Sponsor
Deutsche Securities (SA) Proprietary Limited
Date: 11/04/2014 10:01:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
