APK
APK
Astrapak Limited - Grant Of Options To A Director And Subsequent
Astrapak Limited
ACCEPTANCE OF SUCH OPTIONS
(Incorporated in the Republic of South Africa)
(Registration number 1996/009169/06)
ISIN: ZAE000030938
Share Code: APK
In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:
Director : P Botha
Company : Astrapak Limited
Date of transaction : 28 February 2006
Nature of transaction : Grant and acceptance of options
Class of securities : Options in respect of linked
units
Number of options granted
and accepted : 330 000
Option strike price : R 14.40
Period of exercise : Maximum of 33.3% is exercisable
on the 1st anniversary;
Maximum of 66.7% is exercisable
on the 2nd anniversary;
Maximum of 100% is exercisable
on the 3rd anniversary
Vesting : On exercise of the options
Total value of transaction : R 4 752 000
Nature and extent of
director"s interest : Direct beneficial
Clearance obtained : Yes
Sandton
28 February 2006
Sponsor
RAND MERCHANT BANK (A division of First Rand Bank Limited)
Date: 28/02/2006 04:37:52 PM Produced by the JSE SENS Department
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