BRAIT S.A. SOCIETE ANONYME - NOTICE OF GRANT OF OPTIONS IN TERMS OF BRAIT`S
LISTINGS REQUIREMENTS
BRAIT S.A. SOCIETE ANONYME, INCORPORATED IN LUXEMBOURG
(RC LUXEMBOURG B-13861) - NOTICE OF GRANT OF BRAIT S.A. OPTIONS
(`Brait`)
JSE CODE : BAT
Issuer Code : BRAIT
ISIN CODE : LU 0011857645
NOTICE OF GRANT OF OPTIONS IN TERMS OF BRAIT`S LISTINGS REQUIREMENTS
In compliance with Brait`s listings requirements, notice is hereby given that
the following directors were granted options in terms of the Brait S.A. Share
Incentive Scheme (`the Scheme`) effective 6 July 2004 at an allocation price of
R7.22 per ordinary Brait share (being the volume-weighted average traded price
of Brait ordinary shares for the seven days prior to 6 July 2004). Approval for
the respective allocation and clearance to deal was given on 6 July 2004.
Name Designation Number of Nature of
options granted interest
ME King Non-Executive 76,000 Indirect
Chairman beneficial
FZ Haller Non-Executive 32,900 Indirect
Director beneficial
RJ Koch Non-Executive 34,700 Indirect
Director beneficial
AM Non-Executive 34,700 Indirect
Rosenzweig Director beneficial
PL Wilmot Non-Executive 34,700 Indirect
Director beneficial
SJP Weber Executive Director 40,000 Indirect
beneficial
In terms of the Scheme, the options vest equally over three years on the
anniversary of the date of grant. The options are subject to an 8-year expiry
period.
7 July 2004
Date: 07/07/2004 05:00:02 PM Produced by the JSE SENS Department
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