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African Bank Investments Limited - Dealings By Director
AFRICAN BANK INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registered bank controlling company)
(Registration number 1946/021193/06)
(Share code: ABL)
(ISIN : ZAE000030060)
(`ABIL`)
DEALINGS BY DIRECTOR
ABIL advises that, in accordance with rules 3.63 to 3.74 of the Listings
Requirements of the JSE Securities Exchange South Africa, it has been informed
of the following:
Director : Angus Herselman
Company : ABIL
Office held : Executive Director
Nature of transaction : Delivery of shares in terms of an option
granted on 27 April 2001 and subsequent
sale of shares
Number of options : 62 801
Option strike price : 461 cps
Selling price : 1207,5 cps
Date of transaction : 15 July 2004
Period of vesting : The options had vested by 27 April 2004
Delivery periods : No earlier than the various vesting periods
but no later than 27 April 2008
Total value of Sale Transaction : R758 303,23
Security class : Ordinary shares
Nature and extent of
director`s interest : Direct Beneficial
Clearance : The required clearance per rule
3.66 has been obtained
Nature of transaction : Delivery of shares in terms of an option
granted on 27 April 2001 and subsequent
sale of shares
Number of options : 97 199
Option strike price : 461 cps
Selling price : 1192,4 cps
Date of transaction : 16 July 2004
Period of vesting : The options had vested by 27 April 2004
Delivery periods : No earlier than the various vesting periods
but no later than 27 April 2008
Total value of Sale Transaction : R1 158 991,16
Security class : Ordinary shares
Nature and extent of
director`s interest : Direct Beneficial
Clearance : The required clearance per rule
3.66 has been obtained
Nature of transaction : Sale of shares
Number of shares : 17 500
Selling price : 1230 cps
Date of transaction : 15 July 2004
Total value of Sale Transaction : R215 250,00
Security class : Ordinary shares
Nature and extent of
director`s interest : Direct Beneficial
Clearance : The required clearance per rule
3.66 has been obtained
Midrand
19 July 2004
Sponsor to ABIL
Deutsche Securities (SA) (Proprietary) Limited
Date: 19/07/2004 03:32:06 PM
Produced by the JSE SENS Department
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