Tiger Brands - Director"s Exercise Of Share Option
Tiger Brands - Director`s Exercise Of Share Options
Tiger Brands Limited
Share Code: TBS
ISIN Code: ZAE000023560
(`Tiger Brands`, or `the Company`)
NOTICE OF SHAREDEALINGS LODGED WITH THE JSE Securities Exchange South Africa IN
TERMS OF THE REVISED LISTINGS REQUIREMENTS PARAGRAPH 3.63
1.
In terms of paragraph 3.63 of the Listings Requirements of the JSE Securities
Exchange, notice is hereby given that M H Franklin, an executive director of
Tiger Brands, has exercised 36 100 options, being options that were beneficially
held by him in terms of the Tiger Brands (1985) Share purchase Scheme, and has
taken a loan to fund such purchase, but has not disposed of any shares.
Details in respect of options exercised are reflected hereunder:
Date Options Number of Strike Value (R) Date
Granted Options Price (R) Exercised
08/11/1999 19 400 46.43752 900 887.88 25/11/2004
14/11/2000 16 700 42.70605 713 191.03 25/11/2004
In accordance with the provisions of clause 3.66 of the Listings Requirements of
the JSE Securities Exchange South Africa, clearance to deal was given to M H
Franklin by the chairman of the board of Tiger Brands Limited.
Sandton
26 November 2004
Sponsor
Cazenove
Date: 29/11/2004 10:02:02 AM
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