|
AFB
AFB
Alexander Forbes - Dealing in securities by a director of a major subsidiary
Alexander Forbes Limited
(Incorporated in the Republic of South Africa)
(Registration number 1958/001974/06)
ISIN: ZAE000018230 & Share code: AFB
("Alexander Forbes" or "the Company")
DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE
Limited, the following information is disclosed:
EXECUTIVE DIRECTOR OF SUBSIDIARY: N C Nqweni
DIRECTOR OF: Investment Solutions Holdings Limited
TRANSACTION DATE: 27 January 2006
NO. OF OPTIONS EXERCISED: 12 682
STRIKE PRICE: 1005,74 cents
PRICE PER SHARE: 1625 cents
CLASS OF SECURITY: Options and Ordinary shares
EXTENT OF INTEREST: Direct beneficial interest
NATURE OF TRANSACTION: Vested share options have been exercised
and the required number of shares based
on net settlement as defined in the
trust deed, being 4809 shares, were
immediately sold on the open market
resulting in the net settlement of R78
146.25.
OPTION GRANT DATE: 1 September 2000
VESTING PERIOD OF SHARE OPTIONS: Options vest over five years, at 25% per
annum, starting on the second
anniversary of the offer date.
CLEARANCE TO DEAL OBTAINED: Yes
EXECUTIVE DIRECTOR OF SUBSIDIARY: N C Nqweni
DIRECTOR OF: Investment Solutions Holdings Limited
TRANSACTION DATE: 27 January 2006
NO. OF OPTIONS EXERCISED: 43 262
STRIKE PRICE: 929,51 cents
PRICE PER SHARE: 1625 cents
CLASS OF SECURITY: Options and Ordinary shares
EXTENT OF INTEREST: Direct beneficial
NATURE OF TRANSACTION: Vested share options have been exercised
and the required number of shares based
on net settlement as defined in the
trust deed, being 18 439 shares, were
immediately sold on the open market
resulting in the net settlement of R299
633.75.
OPTION GRANT DATE: 1 April 2002
VESTING PERIOD OF SHARE OPTIONS: Options vest over five years, at 25% per
annum, starting on the second
anniversary of the offer date.
CLEARANCE TO DEAL OBTAINED IN ADVANCE: Yes
EXECUTIVE DIRECTOR OF SUBSIDIARY: N C Nqweni
DIRECTOR OF: Investment Solutions Holdings Limited
TRANSACTION DATE: 27 January 2006
NO. OF TRUST SHARES EXERCISED: 9 242
OFFER (STRIKE) PRICE: 8.58
PRICE PER SHARE: 1610 cents
NET PROCEEDS: R53 682.18
Net proceeds are based on gross proceeds
less the loan balance at date of
exercise. However, the loan balance is
based on the original offer price
multiplied by the number of shares and
accumulates interest with dividends
being set off against the loan balance.
CLASS OF SECURITY: Ordinary shares
EXTENT OF INTEREST: Direct beneficial interest
NATURE OF TRANSACTION: Sale of shares by share trust
participant to the trust, not on the
open market
CLEARANCE TO DEAL OBTAINED: Yes
Sandton
27 January 2006
Sponsor
JPMorgan Equities Limited
Date: 31/01/2006 09:59:21 AM Produced by the JSE SENS Department
| Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
