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AFGRI Limited - Dealing in securities by directors
AFGRI Limited
Registration number: 1995/004030/06)
Share Code: AFR
ISIN: ZAE000040549
("AFGRI")
In compliance with the JSE Listings Requirements, the following information is
disclosed:
Managing director : J D Wright
Company : AFGRI
Nature of transaction : Grant and acceptance of options
with a deferred right to sell
Number of options : 1 128 000
Date of transaction : 22 November 2005
Option strike price : R5-38
Market price : R5-35
Period of deferred right
to sell : 1/5th of total number of options
per annum over the next 5 years
Total value of transaction : R6 068 640
Nature of interest : Direct beneficial
Clearance received : Yes
Financial director : I de Wet Goosen
Company : AFGRI
Nature of transaction : Grant and acceptance of options
with a deferred right to sell
Number of options : 573 000
Date of transaction : 22 November 2005
Option strike price : R5-38
Market price : R5-35
Period of deferred right
to sell : 1/5th of total number of options
per annum over the next 5 years
Total value of transaction : R3 082 740
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 : 733 000
Date of transaction : 22 November 2005
Option strike price : R5-38
Market price : R5-35
Period of deferred right
to sell : 1/5th of total number of options
per annum over the next 5 years
Total value of transaction : R3 943 540
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 : 264 000
Date of transaction : 22 November 2005
Option strike price : R5-38
Market price : R5-35
Period of deferred right
to sell : 1/5th of total number of options
per annum over the next 5 years
Total value of transaction : R1 420 320
Nature of interest : Direct beneficial
Clearance received : Yes
Johannesburg
22 November 2005
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 22/11/2005 03:02:45 PM Produced by the JSE SENS Department
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