KUMBA IRON ORE LIMITED - Grant and acceptance of share options by a director of Kumba Iron Ore Ltd
KIO 201610070024A
Grant and acceptance of share options by a director of Kumba Iron Ore Ltd
Kumba Iron Ore Limited
A member of the Anglo American plc group
(Incorporated in the Republic of South Africa)
(Registration number 2005/015852/06)
Share code: KIO
ISIN: ZAE000085346
(“Kumba”)
GRANT AND ACCEPTANCE OF SHARE OPTIONS BY A DIRECTOR OF KUMBA IRON ORE LTD
In terms of the Listings Requirements of the JSE Limited, the following information is disclosed:
Director: Themba Moyeni Mkhwanazi
Company: Kumba Iron Ore Limited
Grant date: 15 September 2016
Acceptance date: 7 October 2016
Nature of transaction: Off market grant and acceptance of Long Term Incentive
Plan (“LTIP”) options
Class of securities: Ordinary shares
Number of options: 23 774
Option strike price: R126,19
Value of transaction: R3,000,041.06
Vesting period: Share options vest after three years on certain performance
criteria being met in terms of Kumba LTIP
Nature of interest: Direct beneficial
Clearance obtained: Yes
7 October 2016
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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