CLOVER INDUSTRIES LIMITED - Dealing in share appreciation rights (SARs) by a director
CLR 201412240021A
Dealing in share appreciation rights (“SARs”) by a director
Clover Industries Limited
Incorporated in the Republic of South Africa
(Registration No. 2003/030429/06)
Share code: CLR
ISIN NO: ZAE000152377
("Clover" or "the Company")
DEALING IN SHARE APPRECIATION RIGHTS (“SARs”) BY A DIRECTOR
Director : L J Botha
Company : Clover Industries Limited
Date of transaction : 23 December 2014
Nature of transaction : Exercise of SARs which are subsequently
cash settled in accordance with the
Restated Clover Share Appreciation
Rights Plan (2010)
Class of securities : SARs in respect of ordinary shares
Number of SARs exercised : 186 667
Allocation price : Rnil
SAR strike price : R17.84
Total value of transaction : R3,330,139.28
Nature of interest : Direct beneficial
Clearance obtained : Yes
Transaction completed : Off market
Johannesburg
24 December 2014
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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