AFB
AFB
AFB - Alexander Forbes - Dealing in Securities
Alexander Forbes Limited
(Incorporated in the Republic of South Africa)
(Registration number 1958/001974/06)
ISIN: ZAE000018230
Share code: AFB
("Alexander Forbes" or "the Company")
DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE
Limited, the following information is disclosed:
EXECUTIVE DIRECTOR OF SUBSIDIARY: G K Silverman
DIRECTOR OF: Investment Solutions Holdings Limited
TRANSACTION DATE: 26 January 2007
NO. OF OPTIONS EXERCISED: 164 094
STRIKE PRICE: 901 cents
PRICE PER SHARE: 1602 cents
CLASS OF SECURITY: Options and Ordinary shares
EXTENT OF INTEREST: Direct beneficial interest
NATURE OF TRANSACTION: Vested share options have been exercised and
the required number of shares based on net
settlement as defined in the trust deed,
being 71 680 shares, were immediately sold
on the open market resulting in the net
settlement of R1,142,829.17.
OPTION GRANT DATE: 01 April 1999, 01 September 1999,
01 April 2002
VESTING PERIOD OF SHARE OPTIONS: Options vest over five years, at 25% per
annum, starting on the second anniversary of
the offer date.
CLEARANCE TO DEAL OBTAINED: Yes
Sandton
29 January 2007
Sponsor: JPMorgan Equities Limited
Date: 29/01/2007 13:51:07 Produced by the JSE SENS Department.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
