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Mvelaphanda Group Limited - Dealing In Securities By Directors
MVELAPHANDA GROUP LIMITED
(Formerly Rebserve Holdings Limited)
(Incorporated in the Republic of South Africa)
(Registration number 1995/004153/06)
Share code: MVG
ISIN: ZAE000060737
("the Company" or "MVG")
Dealing in securities by directors
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements ("the
Listing Requirements"), the following dealings in securities by directors are
disclosed:
Name of Director: Stephen Levenberg
Date of transaction: 28 September 2005
Class of security: Ordinary shares of 0,1 cent each
Nature of transaction: Sale of shares following the
purchase of such shares at the
option strike price set out
below, pursuant to the exercise
of options
Number of shares: 62 500
Aggregate consideration: R493 750
Option grant date: 10 April 2002
Option strike price: R5.60
Vesting periods: 25% after one year from the
option grant date, a further 25%
after two years from the option
grant date, a further 25 % after
3 years from the option grant
date and the final 25% after
four years from the option grant
date
Nature of interest: Indirect beneficial
Delivery and payment for the shares has been completed in terms of the Rebserve
Share Incentive Scheme.
Date of transaction: 28 September 2005
Class of security: Ordinary shares of 0,1 cent each
Nature of transaction: Sale of shares following the
purchase of such shares at the
option strike price set out
below, pursuant to the exercise
of options
Number of shares: 1 181 250
Aggregate consideration: R9 331 875
Option grant date: 2 September 2002
Option strike price: R4.79
Vesting periods: 25% after one year from the
option grant date, a further 25%
after two years from the option
grant date, a further 25 % after
3 years from the option grant
date and the final 25% after
four years from the option grant
date
Nature of interest: Indirect beneficial
Delivery and payment for the shares has been completed in terms of the Rebserve
Share Incentive Scheme.
Following the abovementioned transactions, the total direct and indirect
interests of Stephen Levenberg in MVG securities at the date hereof is 11 876
800 shares and 1 243 750 options/scheme shares held via the Rebserve Share
Incentive Scheme.
Name of Director: Brett Till
Date of transaction: 28 September 2005
Class of security: Ordinary shares of 0,1 cent each
Nature of transaction: Sale of shares following the
purchase of such shares at the
option strike price set out
below, pursuant to the exercise
of options
Number of shares: 37 500
Aggregate consideration: R296 250
Option grant date: 4 April 2001
Option strike price: R6.50
Vesting periods: 25% after one year from the
option grant date, a further 25%
after two years from the option
grant date, a further 25 % after
3 years from the option grant
date and the final 25% after four years from the
option grant date
Nature of interest: Indirect beneficial
Delivery and payment for the shares has been completed in terms of the Rebserve
Share Incentive Scheme.
Date of transaction: 28 September 2005
Class of security: Ordinary shares of 0,1 cent each
Nature of transaction: Sale of shares following the
purchase of such shares at the
option strike price set out below, pursuant to the
exercise of options
Number of shares: 125 000
Aggregate consideration: R987 500
Option grant date: 2 September 2002
Option strike price: R4.79
Vesting periods: 25% after one year from the
option grant date, a further 25%
after two years from the option
grant date, a further 25 % after
3 years from the option grant
date and the final 25% after
four years from the option grant date
Nature of interest: Indirect beneficial
Delivery and payment for the shares has been completed in terms of the Rebserve
Share Incentive Scheme.
Following the abovementioned transactions, the total direct and indirect
interests of Brett Till in MVG securities at the date hereof is 220242 shares
and 125 000 options/scheme shares held via the Rebserve Share Incentive Scheme.
Clearance in terms of paragraph 3.66 of the Listings Requirements has been
obtained in respect of all of the above transactions.
Johannesburg
Friday 30 September 2005
Issued by: Sponsor
Deutsche Securities (SA) (Proprietary) Limited
Date: 30/09/2005 05:30:07 PM Produced by the JSE SENS Department
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