NIVEUS INVESTMENTS LTD - Acceptance Of Options By Directors
NIV 201412100028A
Acceptance Of Options By Directors
NIVEUS INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1996/005744/06)
Share code: NIV
ISIN: ZAE000169553
(“Niveus”)
ACCEPTANCE OF OPTIONS BY DIRECTORS
In compliance with Rules 3.63 - 3.74 of the JSE Limited Listing Requirements the following
information regarding the acceptance of options is disclosed:
Director: Mr A van der Veen
Company of which I am a director: Niveus Investments Limited
Designation: Chief Executive Officer
Nature of transaction: Acceptance of options to subscribe for ordinary shares in
Niveus (Off Market)
Nature of Interest: Direct, Beneficial
Class of Shares: Ordinary shares
Date of acceptance: 8 December 2014
Number of options: 43 828
Option strike price: R23.51 (10% discount to the 20 day grant date VWAP)
Value of transaction: R 1 030 396.28
Vesting date of options: 10 September 2017
Expiry date of options: 10 December 2017
Director: Me MM Loftie-Eaton
Company of which I am a director: Niveus Investments Limited
Designation: Financial Director
Nature of transaction: Acceptance of options to subscribe for ordinary shares in
Niveus (Off Market)
Nature of Interest: Direct, Beneficial
Class of Shares: Ordinary shares
Date of acceptance: 8 December 2014
Number of options: 87 416
Option strike price: R23.51 (10% discount to the 20 day grant date VWAP)
Value of transaction: R 2 055 150.16
Vesting date of options: 10 September 2017
Expiry date of options: 10 December 2017
Clearance in terms of par. 3.66 of the JSE Listings Requirements was obtained.
Cape Town
10 December 2014
Sponsor:
PSG Capital Proprietary Limited
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