GijimaAst - Directors" share dealings
Gijima AST Group Limited
("GijimaAst" or "the Company")
(Incorporated in the Republic of South Africa)
(Registration number 1998/021835/07)
Share code: GIJ
ISIN: ZAE000064606
DIRECTORS" SHARE DEALINGS
Directors: RW Gumede
JE Miller
MG Erasmus
CJH Ferreira
Nature of transaction: Award of notional shares in terms of GijimaAst Share
Linked Bonus Scheme
In terms of the GijimaAst Share Linked Bonus Scheme, a summary of which was set
out in the circular to GijimaAst shareholders dated 14 October 2005 and which
was approved on 9 November 2005, executive directors and employees of the
Company and its subsidiaries will receive a conditional right to a cash bonus
equal to the increase in the value of a number of notional GijimaAst shares
between the beginning of the financial year in which the offer is made and a
specified date.
The first allocation of notional shares in terms of GijimaAst Share Linked Bonus
Scheme was awarded on 20 December 2005 to executive directors and employees of
GijimaAst and its subsidiaries. The value of the cash bonus will be based on the
increase in the volume weighted average GijimaAst share price preceding and
including 1 July 2005 and the volume weighted average GijimaAst share price
preceding and including 30 June 2008. Awards to executive directors are as
follows:
Executive director Number of notional shares
RW Gumede 3,900,000
JE Miller 3,400,000
MG Erasmus 2,300,000
CJH Ferreira 2,300,000
Clearance to deal in GijimaAst shares was obtained.
Sponsor: Standard Bank
21 December 2005
Date: 21/12/2005 08:35:11 AM Produced by the JSE SENS Department
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