EXXARO RESOURCES LIMITED - Acceptance of conditional awards granted in terms of the Long Term Incentive Plan by a director of Exxaro
EXX 201505040033A
Acceptance of conditional awards granted in terms of the Long Term Incentive Plan by a director of Exxaro
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”)
ACCEPTANCE OF CONDITIONAL AWARDS GRANTED IN TERMS OF THE LONG
TERM INCENTIVE PLAN (LTIP SCHEME) BY A DIRECTOR OF EXXARO
In terms of paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notice is hereby
given that a director of Exxaro received and accepted awards granted in terms of the LTIP
scheme, after having received clearance to do so in terms of the paragraph 3.66 of the JSE
Limited Listings Requirements.
LTIP Performance period: The vesting of the LTIP awards is conditional upon the
achievement of group performance targets over a period of 3
years (01/04/2015 to 31/03/2018)
Class of shares: Ordinary
Nature of transaction: Acceptance of LTIP awards
Offer price: R0
Nature of interest: Direct Beneficial
Date of transaction: 4 May 2015
Name: WA de Klerk
Director Exxaro Resources Limited
LTIP award: 121,218
Deemed value based on the
prevailing market price of an
Exxaro share of R100.80
on 4 May 2015 R12,218,774.40
4 May 2015
CH WESSELS
GROUP COMPANY SECRETARY
Sponsor
Deutsche Securities (SA) Proprietary Limited
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