CND
CND
CND - Conduit Capital - Granting Of Options
Conduit Capital Limited
Incorporated in the Republic of South Africa
(Registration Number 1998/017351/06)
Share code: CND ISIN: ZAE000073128
("Conduit Capital")
GRANTING OF OPTIONS
In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings
Requirements of JSE Limited, the following is disclosed:
Nature of transaction: Grant of share options in terms of the IMR
Share Trust
Date of transaction: 27 February 2007
Strike price: 145,5 cents per option
Vesting date for 3 years from date of grant, namely 27
exercising of options: February 2010.
Any options not exercised by 28 February
2011 will lapse.
Class of securities: Ordinary
Extent of directors` Direct beneficial
interest:
Name: Number of options:
Jason Dean Druian 600 000
Stanley David Shane 600 000
Paul Diamond 600 000
Lourens Erasmus Louw 150 000
Confirmation of Clearance to grant options was obtained
clearance:
1 March 2007
Sponsor
Merchant Sponsors (Proprietary) Limited
Date: 01/03/2007 09:45:57 Produced by the JSE SENS Department.
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