Idion Technology Holdings Limited - Notice Of Gran
Idion Technology Holdings Limited - Notice Of Grant Of Options In Terms Of
Paragraphs 3.63 To 3.74 Of The JSE Listings Requirements
IDION Technology Holdings Limited
(Registration Number: 1998/013846/06)
Share Code: IDI ISIN Code: ZAE000022513
("IDION" or "the Group")
NOTICE OF GRANT OF OPTIONS IN TERMS OF PARAGRAPHS 3.63 TO 3.74 OF THE JSE
LISTINGS REQUIREMENTS
In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the
JSE Limited, notice is hereby given that the following executive directors, the
company secretary and subsidiary director were granted options in terms of the
IDION Technology Holdings Limited Share Incentive Scheme ("the Scheme")
effective 27 September 2005 at an allocation price of R1.32 per ordinary IDION
share (being the 30 day weighted average traded price of IDION ordinary shares
on 19 August 2005). The schedule of the respective individual allocations was
approved by the trustees and remuneration committee on 22 August 2005.
Name Designation Number of Nature of
options interest
granted
N Vlok IDION Managing 1 100 000 Direct
Director Beneficial
TJ Keithahn IDION Director 800 000 Direct
Beneficial
JJD Vlok IDION Director 500 000 Direct
& Company Beneficial
Secretary
C Arnold IDION Director 350 000 Direct
Beneficial
A Arnold VISION 800 000 Direct
Solutions Beneficial
Director
Approval for the respective individual allocations and clearance to deal was
given on 22 August 2005.
In terms of the Scheme, 30% of the options vest on the second anniversary of the
date of grant, a further 20% on the third anniversary and the final 50% on the
fourth anniversary. The options are subject to a 5-year expiry period.
19 December 2005
Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Limited
Date: 19/12/2005 05:03:38 PM Produced by the JSE SENS Department
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