Highveld - Dealing In Securities By A Director
Highveld Steel and Vanadium Corporation Limited
A member of the Anglo American plc Group
Registration no. 1960/001900/06
(Incorporated in the Republic of South Africa)
(`Highveld` or `the corporation`)
Share code: HVL
ISIN code: ZAE000003422
DEALING IN SECURITIES BY A DIRECTOR
In compliance with the relevant provisions of the JSE Listings Requirements, the
following information was disclosed on 2 August 2005 at 16h11 wherein an
executive director, Mr L Matteucci exercised share options as follow:
Strike price : R28.75
Vesting date : 14.08.1995
Exercise date : 02.08.2005
Number of shares : 20 000
Total value : R575 000.00
Nature of interest : Direct beneficial
Strike price : R12.50
Vesting date : 06.07.1998
Exercise date : 02.08.2005
Number of shares : 30 000
Total value : R375 000.00
Nature of interest : Direct beneficial
Mr L Matteucci sold the above shares on 2 August 2005. The shares, which he took
delivery of following the exercise of the option, have been sold on the
following terms:
Transaction date : 02.08.2005
Number of shares : 50 000
Class of security : Ordinary shares of
100 cent each
Transaction price : R68.3261
Total value : R3 416 305.00
Extend of interest : Direct beneficial
In terms of Section 3.66 of the Listings Requirements prior clearance to deal in
the above securities has been obtained from the chairman of the Board of
Highveld.
Witbank
2 August 2005
Sponsor
JP MORGAN EQUITIES LIMITED
Date: 02/08/2005 05:51:37 PM
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