SBV / SVN - Sabvest - Acceptance Of Share Appreciation Rights By Director
SBV SVN
SBV
SBV / SVN - Sabvest - Acceptance Of Share Appreciation Rights By Director
SABVEST LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1987/003753/06)
Ordinary shares: Share code: SBV ISIN: ZAE000006417
N Ordinary shares: Share code: SVN ISIN: ZAE000012043
("Sabvest" or "the company")
ACCEPTANCE OF SHARE APPRECIATION RIGHTS BY DIRECTOR
Director : Carl Philip Coutts-Trotter
Date of transaction : 12 June 2008
Nature of transaction : Acceptance of 350,000 share
appreciation rights on 350,000 phantom
`N` shares in Sabvest granted in terms
of the Sabvest Appreciation Rights
Scheme
Ultimate settlement method : `N` ordinary shares or cash or a
combination at the company`s election
Dates to vest and to be : One-third after 3,4,5 years
exercised respectively from date of grant which
is to remain in force for a period not
exceeding 10 years from date of grant
VWAP phantom price : 640 cents per share
Nature of interest : Direct beneficial
Prior authority to transact : Obtained
Sandton
12 June 2008
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 12/06/2008 16:01:02 Produced by the JSE SENS Department.
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