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RBW
RBW
Rainbow Chicken Limited - Exercise Of Options And Subsequent Sale Of Securities
By Directors Of Major Subsidiary
RAINBOW CHICKEN LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1966/004972/06)
ISIN: ZAE000019063
Share Code: RBW
In compliance with the JSE Limited Listings Requirements, the following
transactions made by directors of Rainbow Farms (Pty) Ltd (a major subsidiary of
Rainbow Chicken Limited) on 27 January 2006, is disclosed:
Director : Mr MP Stander
Nature of transaction : Exercise of options in terms of
the Rainbow Share Incentive
Scheme
Class of securities : Options in respect of ordinary
shares
Number of options exercised
and option strike price : 83 816 at R1.50
15 152 at R2.85
61 660 at R3.45
30 869 at R3.55
Total value of transaction : R491 219.15
Nature of transaction : Sale of securities
Class of securities : Ordinary shares
Number of securities : 191 497
Selling price : R9.45984
Total value of transaction : R1 811 530.98
Nature and extent of
director"s interest : Direct beneficial
Clearance obtained : Yes
Director : Mr CJ van Niekerk
Nature of transaction : Exercise of options in terms of
the Rainbow Share Incentive
Scheme
Class of securities : Options in respect of ordinary
shares
Number of options exercised
and option strike price : 25 467 at R2.10
55 027 at R2.85
27 503 at R3.45
50 473 at R3.55
Total value of transaction : R484 372.15
Nature of transaction : Sale of securities
Class of securities : Ordinary shares
Number of securities : 158 470
Selling price : R9.45984
Total value of transaction : R1 499 100.85
Nature and extent of
director"s interest : Direct beneficial
Clearance obtained : Yes
Durban
31 January 2006
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 31/01/2006 04:27:23 PM Produced by the JSE SENS Department
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