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GDF
GDF
Gold Reef Resorts Limited - Dealing In Securities By Directors
Gold Reef Resorts Limited
(Incorporated in the Republic of South Africa)
(Registration number : 1989/002108/06)
Share code : GDF & ISIN : ZAE000028338
("Gold Reef")
DEALING IN SECURITIES BY DIRECTORS
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE
Limited, the following information, relating to the dealing in securities by a
director, is disclosed:
Executive director S Joffe
Company of which a director Gold Reef
Transaction date 23 August 2006
Class of securities Ordinary shares
Number of securities 500 000
Strike Price R14.39
Value of transaction R7 195 000
Nature of transaction Grant of share options through the Gold Reef Share
Scheme
Vesting period The first tranche of 33,3% vests 2 years after the
options were granted. The second tranche of 33,3%
vests 3 years after the options were granted. The
third tranche of 33,3% vests 4 years after the
options were granted.
Extent of interest Direct beneficial
Executive director J S Friedman
Company of which a director Gold Reef
Transaction date 23 August 2005
Class of securities Ordinary shares
Number of securities 300 000
Strike Price R14.39
Value of transaction R4 317 000
Nature of transaction Grant of share options through the Gold Reef Share
Scheme
Vesting period The first tranche of 33,3% vests 2 years after the
options were granted. The second tranche of 33,3%
vests 3 years after the options were granted. The
third tranche of 33,3% vests 4 years after the
options were granted.
Extent of interest Direct beneficial
Executive director C Neuberger
Company of which a director Gold Reef
Transaction date 23 August 2005
Class of securities Ordinary shares
Number of securities 300 000
Strike Price R14.39
Value of transaction R4 317 000
Nature of transaction Grant of share options through the Gold Reef Share
Scheme
Vesting period The first tranche of 33,3% vests 2 years after the
options were granted. The second tranche of 33,3%
vests 3 years after the options were granted. The
third tranche of 33,3% vests 4 years after the
options were granted.
Extent of interest Direct beneficial
Johannesburg
24 August 2006
Sponsor
Nedbank Capital
Date: 24/08/2006 05:04:12 PM Produced by the JSE SENS Department
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