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OMN
OMN
OMN - Omhold - Award Of Share Options To Directors And Company Secretary
OMNIA HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1967/003680/06)
JSE Code: OMN
ISIN: ZAE000005153
("Omhold" or the "Company")
AWARD OF SHARE OPTIONS TO DIRECTORS AND COMPANY SECRETARY
In compliance with section 3.63 of the Listings Requirements of the JSE Limited,
Omhold advises that options to purchase shares have been awarded to directors of
Omhold and to directors and the company secretary of certain major subsidiary
companies as detailed below. These awards were made by the Remuneration
Committee on 28 February 2007, however, the parties concerned will only receive
notification letters in regard thereto on 16 March 2007.
AWARDS IN TERMS OF THE THIRD PARTNERSHIP WITH MANAGEMENT SCHEME
Name and capacity CD APPOLLOS JD MOLLER
Company Secretary Executive director
Company Protea Chemicals Omnia Group Limited
(Pty) Limited & Omnia Fertilizer
Limited
No. of preference shares in 1 280 800
Omgroup received
Maximum number of Omhold 8 000 5 000
ordinary shares to be received
on conversion of the Omgroup
preference shares
Price per Omgroup preference R4.35 R4.35
share
Interest in Omhold ordinary Direct beneficial Direct beneficial
shares
Date of fulfilment of the 31 March 2009 31 March 2009
suspensive condition
AWARDS TO EXECUTIVE DIRECTORS IN TERMS OF THE OMHOLD SHARE INCENTIVE SCHEME
Name of Company No. of Price per Total value
executive options share
director in
respect
of
ordinary
shares
Brimacombe G Omnia Group Limited & 35 000 R60.00 R2 100 000
Protea Chemicals (Pty)
Limited
Clarke RB Omnia Fertilizer 15 000 R60.00 R900 000
Limited
Cloete E Omnia Group Limited & 35 000 R60.00 R2 100 000
Protea Chemicals (Pty)
Limited
Grant T Omnia Group Limited & 35 000 R60.00 R2 100 000
Omnia Fertilizer
Limited
Holmes GA Omnia Group Limited & 35 000 R60.00 R2 100 000
Bulk Mining Explosives
(Pty) Limited
Keenan K Bulk Mining Explosives 5 000 R60.00 R300 000
(Pty) Limited
Moller JD Omnia Group Limited & 9 400 R60.00 R564 000
Omnia Fertilizer
Limited
Oosthuizen D Omnia Fertilizer 8 000 R60.00 R480 000
Limited
Rorke A Bulk Mining Explosives 10 000 R60.00 R600 000
(Pty) Limited
The directors` interests in the above shares are direct beneficial.
THE THIRD PARTNERSHIP WITH MANAGEMENT SCHEME ("the Scheme")
The Scheme was approved by the Omhold shareholders at a general meeting held on
30 September 2004. In terms of the Scheme, the participants receive preference
shares in Omnia Group Limited ("Omgroup") and subject to stated profit targets
being met (the suspensive condition) over a five-year period ending on 30 June
2009, the Omgroup preference shares will each be converted into a maximum of
6.25 Omhold ordinary shares.
THE OMHOLD SHARE INCENTIVE SCHEME
In terms of this scheme candidates are nominated to receive shares and are put
forward to the Remuneration Committee who formally award share options in terms
of the Trust`s rules. In terms of these rules, shares accrue on the basis of
20% on the second anniversary date, 20% on the third, 20% on the fourth and the
balance of 40% on the fifth. All options must be exercised and taken within ten
years of allocation.
The allocations have been ratified by the Chairman of the Board.
Bryanston
15 March 2007
Sponsor:
Barnard Jacobs Mellet Corporate Finance (Pty) Limited
Date: 15/03/2007 11:12:40 Produced by the JSE SENS Department.
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