Argent Industrial Limited - Exercise Of Share Options By Directors
Release Date: 07/07/2004 16:52:03 Code(s): ART
Argent Industrial Limited - Exercise Of Share Options By Directors
ARGENT INDUSTRIAL LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1993/002054/06)
(Share code: ART ISIN: ZAE000019188)
(`Argent` or `the Company`)
EXERCISE OF SHARE OPTIONS BY DIRECTORS
LPC Manhattan is authorised to announce that as at 6 July 2004, the following
directors have exercised share options in the Company :
Director Allot Allot Allot Allot Allot Allot Total
at at at at at at allotted
R0.90 R1.91 R2.51 R3.44 R4.96 R4.97
M J Antonic 30 000 0 0 0 20 000 50 000
S J Cox 9 216 5 596 4706 40 000 10 000 69 518
P A Day 78 750 15 000 18 824 0 0 112 574
T R Hendry 37 616 5 596 4 706 70 000 30 000 147 918
P Lawson 0 0 0 0 10 000 10 000
D Smith 7 386 2 796 4 706 22 152 5 000 42 040
G K Youngman 7 520 2 200 0 40 000 5 000 54 720
All options were exercised on ordinary shares, and clearance was obtained prior
to the exercising of the options. The table below sets out the resultant
directors` interests in the share capital of Argent:
Director Number of Percentage
ordinary shares shareholding
held
M J Antonic 270 406 0.59
S J Cox 72 906 0.40
P A Day 347 406 0.52
T R Hendry 399 129 0.11
P Lawson 77 856 0.07
D Smith 53 946 0.12
G K Youngman 49 440 0.08
Maraisburg
7 July 2004
Sponsor
LPC Manhattan Sponsors (Pty) Limited
Registration number 1999/012479/07
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