Glenrand M.I.B - 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 D J Harpur
Designation: Chief Executive Officer of Glenrand M.I.B
Date of transaction: 17 May 2004
Nature of transaction: Exercise of options
Strike price: R1,67 per option
Vesting period: 200 000 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: R3,70
Number of shares: 20 000 ordinary shares
Total value: R74 000
Nature and extent of interest: Direct beneficial
Written permission obtained: Yes
Johannesburg
19 May 2004
Sponsor
Nedbank Capital
Date: 19/05/2004 03:35:54 PM Produced by the JSE SENS Department
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