FrontRange - Dealing in securities by directors
FRONTRANGE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/009928/06)
Share code: FRO ISIN: ZAE000035325
(`FrontRange`)
DEALING IN SECURITIES BY DIRECTORS
In compliance with rule 3.63 to 3.65 of the JSE Listings Requirements, the
following information is disclosed:
Executive director: J Hillyard
Company: Frontrange Limited
Date of transaction: 14 December 2004
Number of options: 100 000
Strike price: R4,62
Value of transaction: R462 000
Vesting period: The first tranche of 25% vests one year after the
options were granted. Thereafter the options vest
in 36 equal monthly instalments
Extent of interest: Direct beneficial
Class of security: Ordinary shares
Nature of transaction: Grant and acceptance of share options through the
FrontRange Share Trust
Executive director: J Pienaar
Company: Frontrange Limited
Date of transaction: 14 December 2004
Number of options: 50 000
Strike price: R4,62 per share
Value of transaction: R231 000
Vesting period: The first tranche of 25% vests one year after the
options were granted. Thereafter the options vest
in 36 equal monthly instalments
Extent of interest: Direct beneficial
Share class: Ordinary shares
Nature of transaction: Grant, acceptance and exercise of share options
through the FrontRange Share Trust. The share
options have been exercised in terms of the
FrontRange Share Trust`s deferred implementation
scheme and delivery of the shares will take place
upon vesting and payment
Johannesburg
15 December 2004
Sponsor
Nedbank Capital
Date: 15/12/2004 11:36:05 AM
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