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Gold Reef Casino Resorts Limited - Dealing In Securities By Directors
Gold Reef Casino Resorts Limited
Incorporated in the Republic of South Africa
(Registration number 1989/002108/06)
(`GRCR`)
Share code : GDF ISIN : ZAE000028338
DEALING IN SECURITIES BY DIRECTORS
In terms of paragraph 3.63 - 3.74 of the JSE Securities Exchange South Africa
Listings Requirements, the following information, relating to the dealing in
securities by directors, is disclosed:
Executive director JS Friedman
Director of GRCR
Transaction date 25 August 2004
Strike Price R7.68 per share
Number of securities 250 000
Value of transaction R1 920 000
Share Class Ordinary shares
Nature of transaction Grant, acceptance and exercise of share
options
Extent of interest Direct beneficial
Vesting period A third of the options vest on the
second anniversary of the grant date.
Another third, the next year and the
remaining third, the following year.
Executive director S Joffe
Director of GRCR
Transaction date 25 August 2004
Strike Price R7.68 per share
Number of securities 500 000
Value of transaction R3 840 000
Share Class Ordinary shares
Nature of transaction Grant, acceptance and exercise of share
options
Extent of interest Direct beneficial
Vesting period A third of the options vest on the
second anniversary of the grant date.
Another third, the next year and the
remaining third, the following year.
Executive director C Neuberger
Director of GRCR
Transaction date 25 August 2004
Strike Price R7.68 per share
Number of securities 250 000
Value of transaction R1 920 000
Share Class Ordinary shares
Nature of transaction Grant, acceptance and exercise of share
options
Extent of interest Direct beneficial
Vesting period A third of the options vest on the second
anniversary of the grant date. Another third,
the next year and the remaining third, the
following year.
Johannesburg
27 August 2004
Sponsor
Nedbank Capital
Date: 27/08/2004 12:49:34 PM
Produced by the JSE SENS Department
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