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DNB 201412220046A
Exercise of Options by Directors and Directors of a Major Subsidiary
DENEB INVESTMENTS LIMITED
Registration number: 2013/091290/06
(Incorporated in the Republic of South Africa)
JSE share code: DNB ISIN: ZAE000197398
(“Deneb” or the “Company”)
EXERCISE OF OPTIONS BY DIRECTORS AND DIRECTORS OF A MAJOR
SUBSIDIARY
In compliance with Rules 3.63 to 3.74 of the JSE Limited
Listing Requirements the following information in terms of the
Deneb Long Term Incentive Scheme is disclosed:
Director: Mr S A Queen
Designation: Chief Executive Officer
Company: Deneb
Nature of transaction: Exercise of options (off-market
transaction)
Class of securities: Ordinary shares
Nature and extent of
director’s interest in
the transaction: Direct beneficial
Date of grant of options: 14 October 2014
Date of vesting of
options: 14 October 2014
Date of exercise of
options: 19 December 2014
Number of options
exercised: 1,734,785
Option strike price: R0.00
Share price: R2.30
Total value of options: R3,990,005.50
Clearance obtained par.
3.66: Yes
Date of clearance: 15 December 2014
Director: Mr G Wege
Designation: Financial Director
Company: Deneb
Nature of transaction: Exercise of options (off-market
transaction)
Class of securities: Ordinary shares
Nature and extent of
director’s interest in
the transaction: Direct beneficial
Date of grant of options: 14 October 2014
Date of vesting of
options: 14 October 2014
Date of exercise of
options: 19 December 2014
Number of options
exercised: 375,000
Option strike price: R0.00
Share price: R2.30
Total value of options: R862,500.00
Clearance obtained par.
3.66: Yes
Date of clearance: 15 December 2014
Director: Mr I N Morris
Designation: Director – Subsidiary Company
Company: Prima Toy and Leisure Trading
(Pty) Ltd
Nature of transaction: Exercise of options (off-market
transaction)
Class of securities: Ordinary shares
Nature and extent of
director’s interest in
the transaction: Direct beneficial
Date of grant of options: 14 October 2014
Date of vesting of
options: 14 October 2014
Date of exercise of
options: 19 December 2014
Number of options
exercised: 103,694
Option strike price: R0.96
Share price: R2.30
Total value of options: R138,949.96
Clearance obtained par.
3.66: Yes
Date of clearance: 15 December 2014
Director: Mr I N Morris
Designation: Director – Subsidiary Company
Company: Prima Toy and Leisure Trading
(Pty) Ltd
Nature of transaction: Exercise of options (off-market
transaction)
Class of securities: Ordinary shares
Nature and extent of
director’s interest in
the transaction: Direct beneficial
Date of grant of options: 14 October 2014
Date of vesting of
options: 14 October 2014
Date of exercise of
options: 19 December 2014
Number of options
exercised: 128,532
Option strike price: R1.39
Share price: R2.30
Total value of options: R116,964.12
Clearance obtained par.
3.66: Yes
Date of clearance: 15 December 2014
Cape Town
22 December 2014
Sponsor: PSG Capital Proprietary Limited
Date: 22/12/2014 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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