| Fri 11 Apr 2014, 16:31 | | EXXARO RESOURCES LIMITED - Exercise of conditional awards granted in terms of the Long Term Incentive Plan |
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EXX 201404110043A
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 DIRECTORS OF EXXARO MAJOR
SUBSIDIARY COMPANIES
In terms of paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements notice is
hereby given that directors of Exxaro major subsidiary companies 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: 10 April 2014
LTIP vesting date: 01 April 2014
Vesting period: 3 years
Name: N Tsengwa
Director: Exxaro Coal Proprietary Limited
LTIP award: 6,412
Shares transferred to his
portfolio: 3,692
Number of shares sold: 2,720
Sale price per share: R142.56
Value of shares sold: R387,763.20
Name: MDM Mgojo
Director: Exxaro Coal Proprietary Limited and Exxaro Coal
Mpumalanga Proprietary Limited
LTIP award: 13,414
Shares transferred to her
portfolio: 7,734
Number of shares sold: 5,680
Sale price per share R143.13
Value of shares: R812,978.40
Name: MR Walker
Director: Exxaro Coal Proprietary Limited and Exxaro Coal
Mpumalanga Proprietary Limited
LTIP award: 3,248
Number of shares sold: 3,248
Sale price per share R142.40
Value of shares: R462,515.20
11 April 2014
CH WESSELS
GROUP COMPANY SECRETARY
Sponsor
Deutsche Securities (SA) Proprietary Limited
Date: 11/04/2014 04:31:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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