Highveld - Director`s Dealing In Securities
HIGHVELD STEEL AND VANADIUM CORPORATION LIMITED
Registration no. 1960/001900/06
(Incorporated in the Republic of South Africa)
(`Highveld`)
Share code : HVL ISIN code : ZAE000003422
A member of the Anglo American plc group
DIRECTOR`S DEALING IN SECURITIES
In compliance with the relevant provisions of the JSE Listings Requirements, the
following information was disclosed on 17 August 2004 wherein an executive
director, Dr AJ Pienaar exercised share options as follows:
Strike price : R10.50
Vesting date : 02.02.1998
Exercise date : 17.08.2004
Number of shares : 12 500
Strike price : R12.50
Vesting date : 06.07.1998
Exercise date : 17.08.2004
Number of shares : 6 500
Dr Pienaar sold the above shares on 18 August 2004. The shares, which he took
delivery of following the exercise of the options, have been sold on the
following terms:
Transaction date : 18 August 2004
Number of shares : 19 000
Class of security : Ordinary shares of 100
cent each
Transaction price : R26.00
Total value : R494 000.00
Extent of interest : Direct beneficial
In terms of Section 3.66 of the JSE Listings Requirements prior clearance to
deal in the above securities has been obtained from Mr TE Jones, Chairman of the
Board of Highveld.
Witbank
19 August 2004
Sponsor
Cazenove
Date: 19/08/2004 03:36:32 PM Produced by the JSE SENS Department
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