Glenrand M.I.B Limited - Dealing In Securities By A Director
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, Glenrand M I B Limited
Date of transaction: 8 December 2003 and 9 December 2003
Nature of transaction: Exercise of options
Strike price: R1,94 per option
Vesting period: 150 000 options were granted on 17 December 1999,
exercisable as follows: 35% of the options after
three years, up to 70% after four years, and up to
100% after five years.
Price per share: R3,04
Number of options exercised: 52 500 ordinary shares
Total value: R159 600
Nature and extent of interest:Direct beneficial
Written permission obtained: Yes
10 December 2003
Date: 10/12/2003 02:05:06 PM Supplied by www.sharenet.co.za
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