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GRCR - Dealing In Securities By Directors
Gold Reef Casino Resorts Limited
(Incorporated in the Republic of South Africa)
(Registration number 1989/002108/06)
Share code : GDF ISIN : ZAE000028338
(`GRCR`)
DEALING IN SECURITIES BY DIRECTORS
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE
Limited, the following information, relating to the dealing in securities by a
director, is disclosed:
Executive director: S Joffe
Company of which a director: GRCR
Transaction date: 31 August 2005
Class of securities: Ordinary shares
Number of securities: 500 000
Strike Price: R15.35
Value of transaction: R7 675 000
Nature of transaction: Grant of share options through the Gold Reef
Share Scheme
Vesting period: The first tranche of 33,3% vests 2 years
after the options were granted. The second
tranche of 33,3% vests 3 years after the
options were granted. The third tranche of
33,3% vests 4 years after the options were
granted.
Extent of interest: Direct beneficial
Executive director: J S Friedman
Company of which a director: GRCR
Transaction date: 31 August 2005
Class of securities: Ordinary shares
Number of securities: 170 000
Strike Price: R15.35
Value of transaction: R2 609 500
Nature of transaction: Grant of share options through the Gold Reef
Share Scheme
Vesting period: The first tranche of 33,3% vests 2 years
after the options were granted. The second
tranche of 33,3% vests 3 years after the
options were granted. The third tranche of
33,3% vests 4 years after the options were
granted.
Extent of interest: Direct beneficial
Executive director: C Neuberger
Company of which a director: GRCR
Transaction date: 31 August 2005
Class of securities: Ordinary shares
Number of securities: 170 000
Strike Price: R15.35
Value of transaction: R2 609 500
Nature of transaction: Grant of share options through the Gold Reef
Share Scheme
Vesting period: The first tranche of 33,3% vests 2 years
after the options were granted. The second
tranche of 33,3% vests 3 years after the
options were granted. The third tranche of
33,3% vests 4 years after the options were
granted.
Extent of interest: Direct beneficial
Company secretary: D R Smith
Company: GRCR
Transaction date: 31 August 2005
Class of securities: Ordinary shares
Number of securities: 40 000
Strike Price: R15.35
Value of transaction: R614 000
Nature of transaction: Grant of share options through the Gold Reef
Share Scheme
Vesting period: The first tranche of 33,3% vests 2 years
after the options were granted. The second
tranche of 33,3% vests 3 years after the
options were granted. The third tranche of
33,3% vests 4 years after the options were
granted.
Extent of interest: Direct beneficial
Johannesburg
2 September 2005
Sponsor
Nedbank Capital
Date: 02/09/2005 03:35:07 PM
Produced by the JSE SENS Department
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