Argent - Exercise Of Share Options By Directors
ARGENT INDUSTRIAL LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1993/002054/06)
(Share code: ART ISIN: ZAE000019188)
(`Argent` or `the Company`)
EXERCISE OF SHARE OPTIONS BY DIRECTORS
Further to the announcement regarding the exercise of share options by directors
dated 20 July 2005, the following is intended as a replacement due to a
calculation error in the allotment table. The correct figures are shown below:
Director Allot Allot Allot at Allot at Allot Total Value
at at R2.51 R3.44 at allotted allotted
R0.90 R1.91 R4.00
D Smith 7 386 2 796 4 706 35 000 14 000 63 888 R200 199.82
PH Lawson 9 450 2 200 4 706 40 000 8 000 64 356 R194 119.06
CHOP 77 616 5 596 4 706 70 000 8 000 165 918 R365 154.82
Trust (TR
Hendry)
SJ Cox 34 219 5 596 4 706 40 000 0 84 518 R190 897.52
All options were exercised on ordinary shares, and clearance was obtained prior
to the exercising of the options. The shares are directly and beneficially
held.
The table below sets out the resultant directors` interests in the share capital
of Argent:
Director Number of Percentage
ordinary shareholding
shares held
AF Litchka 44 500 0.06%
D Smith 68 888 0.10%
MJ Antonic 255 462 0.35%
PH Lawson 176 068 0.24%
T R Hendry 748 765 1.06%
S Cox 196 942 0.27%
T Scharrighuisen 10 568 925 14.62%
M Allen 17 000 0.02%
G Youngman 114 160 0.16%
P.A Day 59 980 0.08%
Maraisburg
26 July 2005
Sponsor
LPC Manhattan Moela (Pty) Limited
Date: 26/07/2005 05:31:28 PM
Produced by the JSE SENS Department
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