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MTX
MEMTX
MTX - Metorex - Exercise of options and sale of shares by directors
METOREX LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1934/005478/06)
JSE code: MTX
ISIN: ZAE000022745
Issuer code MEMTX
("Metorex")
EXERCISE OF OPTIONS AND SALE OF SHARES BY DIRECTORS
In compliance with section 3.63 of the Listings Requirements of the JSE
Limited, Metorex advises the following transactions by executive directors
of the company in the company`s securities:
Exercise of options by Mr. CDS Needham
Date of transaction: 26 February 2007
Option issue dates: 30.04.2002, 10.07.2003 and
05.03.2004
Total number of options 318 750
exercised:
Strike price of options: 150 000 at R3.30, 56 250 at
R2.20 and 112 500 at R2.34
Total value: R882 000
Class of securities: Ordinary shares
Nature of transaction: Exercise of options
Interest in transaction: Direct beneficial
Clearance to deal Yes
obtained:
Sale of shares by Mr. CDS Needham
Date of transaction: 26 February 2007
Number of securities: 300 000
Price: R21.55
Total value: R6 465 000
Class of securities: Ordinary shares
Nature of transaction: Sale
Interest in transaction: Direct beneficial
Clearance to deal Yes
obtained:
Exercise of options by Mr. EW Legg
Date of transaction: 26 February 2007
Option issue date: 05.03.2004
Total number of options 75 000
exercised:
Strike price of options: 234 cents
Total value: R175 500
Class of securities: Ordinary shares
Nature of transaction: Exercise of options
Interest in transaction: Direct beneficial
Clearance to deal Yes
obtained:
Sale of shares by Mr. EW Legg
Date of transaction: 26 February 2007
Number of securities: 75 000
Price: R21.55
Total value: R1 616 250
Class of securities: Ordinary shares
Nature of transaction: Sale
Interest in transaction: Direct beneficial
Clearance to deal Yes
obtained:
Johannesburg
27 February 2007
Sponsor:
Barnard Jacobs Mellet Corporate Finance (Pty) Limited
Date: 27/02/2007 12:28:24 Produced by the JSE SENS Department.
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