Glenrand M.I.B Limited - Dealing in Securities by Directors
Glenrand M.I.B Limited
(Incorporated in the Republic of South Africa)
(Registration number 1997/008001/06)
Share Code: GMB ISIN : ZAE000018529
("Glenrand M.I.B")
DEALING IN SECURITIES BY A DIRECTOR
In compliance with rule 3.63 to 3.74 of the JSE Securities Exchange South Africa
Listing Requirements, the following information relating to the dealing in
securities by a director is disclosed:
Name: Mr E S G von Roretz
Designation: Chief Operating Officer of Glenrand M.I.B
Date of transaction: 5 December 2003 and 8 December 2003
Nature of transaction: Exercise of options
Strike price: R1,67 per option
Vesting period: 100 000 options were granted on 12 June 1998,
exercisable as follows: 35% of the options
after three years, up to 70% after four
years, and up to 100% after five years.
Average price per share: R3,04
Number of shares: 100 000 ordinary shares
Total value: R304 000
Nature and extent of interest: Direct beneficial
Written permission obtained: Yes
Johannesburg
9 December 2003
Sponsor
Nedbank Corporate
Date: 09/12/2003 12:22:02 PM Supplied by www.sharenet.co.za
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