Mvelaphanda Resources Limited - Exercise of option
MVL
MVL
Mvelaphanda Resources Limited - Exercise of options by directors
MVELAPHANDA RESOURCES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1980/001395/06)
Share code: MVL ISIN: ZAE000050266
("Mvela Resources")
EXERCISE OF OPTIONS BY DIRECTORS
In compliance with the JSE Limited Listings Requirements, we hereby disclose the
following exercise of options by directors of Mvela Resources:
(1)Name of Director: TMG Sexwale
Date of transaction: 29 June 2006
Nature of transaction: Exercise of options
Class of securities: Options in respect of
ordinary Shares
Number of securities: 368 967
Option strike price: R16,50
Total value of transaction: R6 087 955,50
Nature of interest: Indirect, beneficial
Clearance to deal received: Yes
(2)Name of Director: MJ Willcox
Date of transaction: 29 June 2006
Nature of transaction: Exercise of options
Class of securities: Options in respect of
ordinary Shares
Number of securities: 368 967
Option strike price: R16,50
Total value of transaction: R6 087 955,50
Nature of interest: Indirect, beneficial
Clearance to deal received: Yes
(3)Name of Director: M Xayiya
Date of transaction: 29 June 2006
Nature of transaction: Exercise of options
Class of securities: Options in respect of
ordinary Shares
Number of securities: 73 169
Option strike price: R16,50
Total value of transaction: R1 207 288,50
Nature of interest: Indirect, beneficial
Clearance to deal received: Yes
Johannesburg
30 June 2006
Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
Date: 30/06/2006 04:13:31 PM Produced by the JSE SENS Department
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