African Rainbow Minerals Limited - Granting of opt
ARI
ARIM
African Rainbow Minerals Limited - Granting of options
African Rainbow Minerals Limited
(Incorporated in the Republic of South Africa)
(Registration number 1933/004580/06)
JSE Share code: ARI
ISIN: ZAE000054045
("ARM" or the "Company")
In terms of paragraphs 3.63 to 3.66 of the Listings Requirements of the JSE
Limited ("Listings Requirements"), we provide the following information
regarding the granting of options by ARM to the undermentioned directors of
the Company:
Date of transaction: 1 November 2006
Nature of transaction: Grants of share options in terms of the
African Rainbow Minerals Share Incentive
Scheme
Strike price: R73,99 per option
Vesting dates for exercising 17,5% of options on 2 November 2007
of options: 17,5% of options on 2 November 2008
33,4% of options on 2 November 2009
15,8% of options on 2 November 2010
15,8% of options on 2 November 2011
Any option not exercised by 1 November
2014 will lapse
Class of securities: Ordinary shares
Extent of interest: Direct, beneficial
Name Designation Number of
Options
P T Motsepe Executive chairman 254 468
A J Wilkens Chief executive officer 219 714
J C Steenkamp Executive director 175 220
F Abbott Financial director 169 111
W M Gule Executive director 153 732
K S Mashalane Executive director 123 783
P C Rorich Executive director 147 858
P F Smit (Mrs) Company secretary 44 742
The remuneration committee granted the necessary authority to offer these
options in terms of 3.66 of the Listings Requirements.
Sandton
3 November 2006
Sponsor to ARM:
Deutsche Securities (SA) (Proprietary) Limited
Date: 03/11/2006 05:15:23 PM Produced by the JSE SENS Department
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