KUMBA IRON ORE LIMITED - Grant and acceptance of share options by a director
KIO 201709260049A
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: Bothwell Anesu Mazarura
Company: Kumba Iron Ore Limited
Grant date: 1 September 2017
Acceptance date: 22 September 2017
Nature of transaction: Off market grant and acceptance of
Long Term Incentive Plan (“LTIP”) options
Class of securities: Ordinary shares
Number of options: 15,496
Grant price*: R211.55
Value of transaction: R3,278,176.80
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
*Average purchase price is based on the average VWAP of transactions effected by the company over
a period of 3 business days. The highest and lowest for each day were as follows:
Date Highest price Lowest price
29 August 2017 R208.06 R204.44
30 August 2017 R211.70 R205.60
31 August 2017 R219.31 R208.00
26 September 2017
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 26/09/2017 12:51:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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