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AVI 201506050014A
Acceptance of Share Options by AVI Directors and Directors of a Major Subsidiary
AVI Limited
(Incorporated in the Republic of South Africa)
(Registration Number 1944/017201/06)
Share Code: AVI
ISIN: ZAE000049433
(“AVI”)
ACCEPTANCE OF SHARE OPTIONS BY AVI DIRECTORS AND DIRECTORS OF A
MAJOR SUBSIDIARY
In compliance with sections 3.63 – 3.74 of the Listings Requirements
of the JSE Limited, the following information is disclosed:
Director : Simon Crutchley
Company : AVI
Date of transaction : 05 June 2015
Nature of transaction : Acceptance of options in the AVI
Executive Share Incentive Scheme
Class of securities : Options in respect of ordinary
shares
Number of options granted : 180 169
Option allocation price : R84.45
Total value of transaction : R15,215,272.05
Vesting period : 3 years
Nature and extent of
Director’s interest : Direct beneficial
On-market or off-market : Off-market
Clearance obtained : Yes
Director : Michael Koursaris
Company : AVI
Date of transaction : 05 June 2015
Nature of transaction : Acceptance of options in the AVI
Executive Share Incentive Scheme
Class of securities : Options in respect of ordinary
shares
Number of options granted : 58 104
Option allocation price : R84.45
Total value of transaction : R4,906,882.80
Vesting period : 3 years
Nature and extent of
Director’s interest : Direct beneficial
On-market or off-market : Off-market
Clearance obtained : Yes
Director : Keith Phillips
Company : National Brands Limited
Date of transaction : 05 June 2015
Nature of transaction : Acceptance of options in the AVI
Executive Share Incentive Scheme
Class of securities : Options in respect of ordinary
shares
Number of options granted : 27 281
Option allocation price : R84.45
Total value of transaction : R2,303,880.45
Vesting period : 3 years
Nature and extent of
Director’s interest : Direct beneficial
On-market or off-market : Off-market
Clearance obtained : Yes
Director : David Hood
Company : National Brands Limited
Date of transaction : 05 June 2015
Nature of transaction : Acceptance of options in the AVI
Executive Share Incentive Scheme
Class of securities : Options in respect of ordinary
shares
Number of options granted : 74 349
Option allocation price : R84.45
Total value of transaction : R6,278,773.05
Vesting period : 3 years
Nature and extent of
Director’s interest : Direct beneficial
On-market or off-market : Off-market
Clearance obtained : Yes
Illovo
05 June 2015
Sponsor
The Standard Bank of South Africa Limited
Date: 05/06/2015 11:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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