OMN
OMN
Omnia - Shares allocated to directors in terms of the third partnership
with management scheme
OMNIA HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1967/003680/06)
JSE code: OMN
ISIN: ZAE000005153
("Omhold")
SHARES ALLOCATED TO DIRECTORS IN TERMS OF THE THIRD PARTNERSHIP WITH
MANAGEMENT SCHEME ("THE SCHEME")
Omhold advises that Messrs R B Humphris and N K H Fitz-Gibbon, executive
directors of Omhold, and Mr AJ Rorke a director of a major subsidiary, Bulk
Mining Explosives (Proprietary) Limited, have been allocated shares in terms
of the Scheme. The Scheme was approved by the Omhold shareholders at a
general meeting held on 30 September 2004. In terms of the Scheme,
participants receive preference shares in Omnia Group Limited ("Omgroup")
and subject to stated profit targets being met (the suspensive condition)
over a five-year period ending on 30 June 2009, the Omgroup preference
shares will each be converted into a maximum of 6.25 Omhold ordinary shares.
The allocations were as follows:
RB HUMPHRIS NKH FITZ-GIBBON AJ RORKE
No. of preference shares
in Omgroup received
4 800 4 800 1 600
Maximum number of Omhold
ordinary shares to be
received on conversion of
the Omgroup preference
shares 30 000 30 000 10 000
Price per Omgroup
preference share R6.25 R6.25 R6.25
Interest in Omhold Direct Indirect Direct
ordinary shares beneficial beneficial beneficial
Date of fulfilment of the
suspensive condition 31 March 2009 31 March 2009 31 March 2009
The allocations were ratified by the Chairman of the Board.
Bryanston
12 July 2006
Sponsor: Barnard Jacobs Mellet Corporate Finance (Pty) Limited
Date: 12/07/2006 10:11:30 AM Produced by the JSE SENS Department
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