AVI- Exercise of options over AVI shares by direct
AVI
AVI
AVI- Exercise of options over AVI shares by directors of major subsidiaries
AVI LIMITED
(Registration number 1944/017201/06)
Share Code: AVI
ISIN: ZAE000049433
("AVI" or "the Company")
Exercise of options over AVI shares by directors of major subsidiaries
In compliance with rules 3.63 - 3.74 of the Listings Requirements of the
JSE Limited ("the JSE"), the following information is disclosed:
NAME OF SUBSIDIARY : National Brands Limited
Director : Mr Cliff Sampson
Date of transaction : 25 October 2006
Option price : R6.21
Number of shares : 27,930
Class of securities : Ordinary
Aggregate consideration : R173 445.30
Nature of transaction : Exercise of share options
Extent of interest : Direct beneficial
Delivery of and payment for the shares has been completed in terms of The
Anglovaal Industries Limited Share Incentive Scheme.
Clearance to deal in these shares was obtained in accordance with AVI"s
policy with regard to directors" dealings as well as the Listings
Requirements of the JSE.
Chislehurston
Sandton
26 October 2006
Sponsor
Standard Bank
Date: 26/10/2006 09:32:10 AM Produced by the JSE SENS Department
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