Not logged in
  Home   Markets   Shares   Funds   Portfolio   Toolbox   Charting   Alerts   Directory   
 Admin   

Mon 23 May 2005, 15:34 Dealing In Securities By Directors
Afgri Limited - Dealing In Securities By Directors                              
AFGRI Limited                                                                   
(Registration number : 1995/004030/06)                                          
Share Code: AFR                                                                 
ISIN : ZAE000040549                                                             
(`AFGRI` or `the company`)                                                      
In compliance with the JSE Listings Requirements, the following information is  
disclosed:                                                                      
Non-executive vice chairman:    G A L Ebedes                                    
Company          :              AFGRI                                           
Date of transaction        :    19 May 2005                                     
Class of security          :    Ordinary shares                                 
Nature of transaction      :    Sale as a consequence of the                    
                                accrual and implementation of the               
                                deferred right to sell shares                   
(options allocated and exercised                
                                on 10 April 2001 at R3.09) in                   
                                terms of the company share                      
                                incentive scheme                                
Number of shares           :    200 000                                         
Selling price              :    R5.00 per share                                 
Total value of transaction :    R1 000 000                                      
Nature of interest         :    Direct beneficial                               
Clearance received         :    Yes                                             
Director                   :    J D Wright                                      
Company                    :    AFGRI                                           
Date of transaction        :    19 May 2005                                     
Class of security          :    Ordinary shares                                 
Nature of transaction      :    Sale as a consequence of the                    
                                accrual and implementation of the deferred right
                                to sell shares (options allocated and exercised 
on 10 April 2001 at R3.09) in terms of the      
                                company share incentive scheme.                 
Number of shares           :    200 000                                         
Selling price              :    R5.00 per share                                 
Total value of transaction :    R1 000 000                                      
Nature of interest         :    Direct beneficial                               
Clearance received         :    Yes                                             
Director                   :    J D Wright                                      
Company                    :    AFGRI                                           
Nature of transaction      :    Grant and acceptance of options                 
                                with a deferred right to sell                   
Number of options          :    2 000 000                                       
Date of transaction        :    20 May 2005                                     
Option strike price        :    R4.72                                           
Market price               :    R5.00                                           
Period of deferred right                                                        
to sell                    :    1/2 of total number of options per              
                                annum over the next 2 years                     
Total value of transaction :    R9 440 000                                      
Nature of interest         :    Direct beneficial                               
Clearance received         :    Yes                                             
Director                   :    I de Wet Goosen                                 
Company                    :    AFGRI                                           
Date of transaction        :    19 May 2005                                     
Class of security          :    Ordinary shares                                 
Nature of transaction      :    Sale as a consequence of the                    
                                accrual and implementation of the deferred right
                                to sell:                                        
- 22 838 shares (options allocated and exercised 
                                on 26 May 2000 at   R4.00); and                 
                               - 200 000 shares (options allocated and exercised
                                on 10 April 2001 at R3.09) in terms of the      
company share incentive scheme                  
Number of shares           :    222 838                                         
Selling price              :    R5.00 per share                                 
Total value of transaction :    R1 114 190                                      
Nature of interest         :    Direct beneficial                               
Clearance received         :    Yes                                             
Director                   :    I de Wet Goosen                                 
Company                    :    AFGRI                                           
Nature of transaction      :    Grant and acceptance of options                 
                                with a deferred right to sell                   
Number of options          :    800 000                                         
Date of transaction        :    20 May 2005                                     
Option strike price        :    R4.72                                           
Market price               :    R5.00                                           
Period of deferred right                                                        
to sell                    :    1/3rd of total number of options                
per annum over the next 3 years                 
Total value of transaction :    R3 776 000                                      
Nature of interest         :    Direct beneficial                               
Clearance received         :    Yes                                             
Alternate director         :    DM Sewela                                       
Company                    :    AFGRI                                           
Nature of transaction      :    Grant and acceptance of options                 
                                with a deferred right to sell                   
Number of options          :    2 000 000                                       
Date of transaction        :    20 May 2005                                     
Option strike price        :    R4.72                                           
Market price               :    R5.00                                           
Period of deferred right                                                        
to sell                    :    1/3rd of total number of options                
                                per annum over the next 3 years                 
Total value of transaction :    R9 440 000                                      
Nature of interest         :    Direct beneficial                               
Clearance received         :    Yes                                             
Alternate director         :    JH Mooney                                       
Company                    :    AFGRI                                           
Nature of transaction      :    Grant and acceptance of options                 
                                with a deferred right to sell                   
Number of options          :    500 000                                         
Date of transaction        :    20 May 2005                                     
Option strike price        :    R4.72                                           
Market price               :    R5.00                                           
Period of deferred right                                                        
to sell                    :    1/3rd of total number of options                
per annum over the next 3 years                 
Total value of transaction :    R2 360 000                                      
Nature of interest         :    Direct beneficial                               
Clearance received         :    Yes                                             
Johannesburg                                                                    
23 May 2005                                                                     
Sponsor                                                                         
RAND MERCHANT BANK                                                              
(A divison of FirstRand Bank Limited)                                           
Date: 23/05/2005 03:35:05 PM                   
Produced by the JSE SENS Department
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
Other Profile Group sites: FundsData Online (unit trust data)  |  Profile Group corporate site
[  Terms of Use |  Privacy Policy |  PAIA manual |  FAQs/Help |  Site Map |  © Copyright Reserved 2026  ]
  


Powered by ProfileData

Profile Mobile App Google Play Store Apple App Store


Follow us on: