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KIO 201707030038A
Grant and acceptance of share options by a director
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” or “the company”)
GRANT AND ACCEPTANCE OF SHARE OPTIONS BY A DIRECTOR
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: 29 June 2017
Acceptance date: 30 June 2017
Nature of transaction: Off market grant and acceptance of
bonus shares in terms of the Kumba Deferred
Bonus Arrangement (“DBA”)
Class of securities: Ordinary shares
Number of bonus shares: 7,756
Average price per share:* R158.47
Value of transaction: R1,229,093.30
Vesting period: Bonus shares will vest as follows:
1 March 2020: 5,171 shares
1 March 2022: 2,585 shares
Nature of interest: Direct beneficial
Clearance obtained: Yes
*Average purchase price is based on transactions effected by the company over a period of 3 days.
The highest and lowest for each day were as follows:
Date Highest price Lowest price
29 May 2017 R160.54 R155.00
30 May 2017 R164.89 R157.52
31 May 2017 R159.60 R154.95
Director: Themba Moyeni Mkhwanazi
Company: Kumba Iron Ore Limited
Grant date: 29 June 2017
Acceptance date: 30 June 2017
Nature of transaction: Off market grant and acceptance of
Long Term Incentive Plan (“LTIP”) options
Class of securities: Ordinary shares
Number of options: 43,748
Grant price**: R211.79
Value of transaction: R9,265,388.92
Vesting period: Share options vest after three years on
certain performance criteria being met in
terms of the Kumba LTIP
Nature of interest: Direct beneficial
Clearance obtained: Yes
** Award price per share is based on 3-day VWAP ended 16 February 2017.
3 July 2017
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 03/07/2017 01:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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