ARGENT INDUSTRIAL HOLDINGS LIMITED ("ARGENT") EMPLOYEE SHARE OPTION SCHEME -
DIRECTORS OPTIONS
Argent Industrial Limited
Reg no 1993/002054/06
(Incorporated in the Republic of South Africa)
("The Group")
Share Code :ART
ISIN Code: ZAE000019188
In compliance with rule 3.72 to 3.75 of the JSE Listing Requirements, the
following information is disclosed.
The following directors of Argent have exercised their option to acquire Argent
shares in terms of the Argent Share Option Scheme ("the Scheme"):-
1. T.R. Hendry Employee Share Option : 36250 @ 90c
T.R. Hendry Employee Share Option : 5000 @ 1.91
2. P.A. Day Employee Share Option : 36250 @ 90c
P.A. Day Employee Share Option : 5000 @ 1.91
3. M.J. Antonic Employee Share Option : 35350 @ 90c
M.J. Antonic Employee Share Option : 5000 @ 1.91
4. S.J. Cox Employee Share Option : 7 850 @ 90c
P.A. Day Employee Share Option : 5000 @ 1.91
5. G.K.Youngman Employee Share Option : 7 520 @ 90c
P.A. Day Employee Share Option : 2 200 @ 1.91
6. D. Smith Employee Share Option : 6 020 @ 90c
P.A. Day Employee Share Option : 2 200 @ 1.91
The 117 5000 ordinary shares of the Scheme were issued on the 7 December 2000
at 90 cents per share and the additional shares were issued to the Scheme on 19
September 2002 at 191 cents per share.
Directors options were exercised on 17 December 2002 and transferred to the
directors respective accounts on 18 December 2002
Germiston
19 December 2002
Sponsor
LPC Manhattan Sponsors (Pty) Limited
Cell: 083 375 8091
Date: 19/12/2002 03:54:00 PM Produced by the JSE SENS Department
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