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Omn - Omhold - Award Of Share Options To Directors And Company Secretary

Release Date: 15/03/2007 11:12:40      Code(s): 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 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                             .                  



                                        
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