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AFRICAN BANK INVESTMENTS LIMITED - DIRECTORS" DEALINGS - EXERCISE OF OPTIONS
AND SALE OF SHARES
AFRICAN BANK INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registered bank controlling company)
(Registration number 1946/021193/06)
(Share code: ABL)
(ISIN : ZAE000030060)
("ABIL")
DIRECTORS" DEALINGS - EXERCISE OF OPTIONS AND SALE OF SHARES
ABIL advises that, in accordance with rules 3.63 to 3.66 of the Listings
Requirements of the JSE Securities Exchange South Africa, it has been informed
of the following exercise of options already granted and accepted in ABIL shares
as well as the subsequent sale of ABIL shares.
Director: Thamsanqa Mthunzi Sokutu
Company: ABIL
Office held: Executive Director
Nature of transaction: Delivery of shares in terms of an
option granted on 30 August 2002
and subsequent sale of shares
Number of options: 400 000
Option strike price: 560 cps
Selling price: 977.38 cps
Date of transaction: 4 December 2003
Period of exercise/vesting: The options had vested by 30 August
2003
Total value of Sale Transaction: R3 909 520
Security class: Ordinary shares
Nature and extent of director"s interest: Direct Beneficial
Clearance: The required clearance per rule
3.66 has been obtained
Director: Angus Herselman
Company: ABIL
Office held: Executive Director
Nature of transaction: Delivery of shares in terms of
an option granted on 27 April 2001
and subsequent sale of shares
Number of options: 160 000
Option strike price: 561 cps
Selling price: 977.38 cps
Date of transaction: 4 December 2003
Period of exercise/vesting: The options had vested by 27 April
2002
Total value of Sale Transaction: R 1 563 808
Security class: Ordinary shares
Nature and extent of
director"s interest: Direct Beneficial
Clearance: The required clearance per rule
3.66 has been obtained
Director: Angus Herselman
Company: ABIL
Office held: Executive Director
Nature of transaction: Delivery of shares in terms of options
granted on 27 April 2001
Number of options: 160 000
Option issue date: 27 April 2001
Option strike price : 561 cps
Date of transaction : 4 December 2003
Period of exercise/vesting : The options had vested by 27 April 2003
Total value of Transaction: R 897 600
Nature and extent of
director"s interest: Direct Beneficial
Security class: Ordinary shares
Clearance: The required clearance per rule 3.66
has been obtained
Midrand
8 December 2003
Sponsor
Deutsche Securities (SA) (Proprietary) Limited
Date: 08/12/2003 04:35:04 PM Supplied by www.sharenet.co.za
Produced by the JSE SENS Department
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