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AFR
AFR
AFGRI - Dealing in securities by the company secretary and directors of a major
subsidiary
AFGRI Limited
Registration number: 1995/004030/06
Share Code: AFR
ISIN: ZAE000040549
("the company")
In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:
Company Secretary : SL Reynolds
Company : AFGRI Limited
Class of security : Ordinary shares
Nature of transactions : Sale as a consequence of the accrual and
implementation of the deferred right to sell
shares (options allocated and exercised on 15
October 2003 at R5.01 - market value at that
date) in terms of the company share incentive
scheme
Date of transaction : 9 November 2006
Number of shares : 15 000
Selling price : R7.35 per share
Total value of transactions : R110 250.00
Nature of interest : Direct beneficial
Clearance received : Yes
Executive Director : LJ Smit
Company : AFGRI Operations Limited
Class of security : Ordinary shares
Nature of transactions : Sale as a consequence of the accrual and
implementation of the deferred right to sell
shares (options allocated and exercised on 29
April 2004 at R6.22 and on 1 June 2005 at
R4.73 - market value at these dates) in terms
of the company share incentive scheme
Date of transaction : 9 November 2006
Number of shares : 473 300
Selling price : R7.35 per share
Total value of transaction : R3 478 755.00
Nature of interest : Direct beneficial
Clearance received : Yes
Executive Director : L Wolthers
Company : AFGRI Operations Limited
Class of security : Ordinary shares
Nature of transaction : Sale as a consequence of the accrual and
implementation of the deferred right to sell
shares (options allocated and exercised on 1
November 2001 at R4.78 and on 19 September
2002 at R5.07 - market value at that date) in
terms of the company share incentive scheme
Date of transaction : 8 November 2006
Number of shares : 160 000
Selling price : R7.12 per share
Total value of transaction : R1 139 200.00
Nature of interest : Direct beneficial
Clearance received : Yes
10 November 2006
Johannesburg
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 10/11/2006 05:43:21 PM Produced by the JSE SENS Department
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