Anglovaal Industries Limited - Director dealings in shares
ANGLOVAAL INDUSTRIES LIMITED
("AVI")
(Registration number. 1944/017201/06)
Share Code: AVI
ISIN: ZAE000030102
Dealings in AVI shares by Company Secretary
In compliance with rules 3.63 - 3.74 of the Listings Requirements of the JSE
Securities Exchange South Africa ("the JSE"), the following information is
disclosed:
Name : Mr JR Taylor
Date of transaction : 24 October 2003
Price per unit : R14.83
Number of shares : 27,764 ordinary 5 cent shares
Aggregate consideration : R411,740
Nature of transaction : Acquisition of shares for deferred
delivery
Extent of interest : Directly beneficial
Strike date : 1 July 2006
The price was determined as the 20 day trade-weighted average for the period
ended 30 June 2003 in accordance with the rules of The Anglovaal Industries
Limited Executive Share Incentive Scheme. The acquisition of shares for
deferred delivery could only be formalised once the Company entered its open
period following the announcement of the Company"s results for the year ended 30
June 2003.
Approval to grant the purchase of shares for deferred delivery was given in
accordance with a resolution passed by the Company"s Appointments and
Remuneration Committee.
Chislehurston
Sandton
27 October 2003
Sponsor
Standard Corporate and Merchant Bank
A Division of The Standard Bank of South Africa Limited
(Registration number 1962/000738/06)
Date: 28/10/2003 03:41:02 PM Produced by the JSE SENS Department
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