Go Back Email this Link to a friend


Exx - Exxaro Resources Limited - Acceptance Of Conditional Awards Released In

Release Date: 01/07/2011 15:35:01      Code(s): EXX
EXX - Exxaro Resources Limited - Acceptance of conditional awards released in   
terms of the Exxaro share appreciation rights scheme 2006 ("SAR") to a director 
of Exxaro`s major subsidiary                                                    
EXXARO RESOURCES LIMITED                                                        
(Incorporated in the Republic of South Africa)                                  
Registration Number:  2000/011076/06                                            
JSE share code:  EXX                                                            
ISIN:  ZAE000084992                                                             
ADR code:  EXXAY                                                                
(Exxaro)                                                                        
ACCEPTANCE OF CONDITIONAL AWARDS RELEASED IN TERMS OF THE EXXARO SHARE          
APPRECIATION RIGHTS SCHEME 2006 ("SAR") TO A DIRECTOR OF EXXARO`S MAJOR         
SUBSIDIARY                                                                      
In terms of paragraphs 3.63 and 3.65 of the JSE Listings Requirements notice is 
hereby given that a director of Exxaro`s major subsidiary received and accepted 
awards released in terms of the SAR Scheme, after having received clearance to  
do so in terms of paragraph 3.66 of the JSE Listings Requirements.              
Name                     :         R Strydom                                    
Director                 :         Exxaro Holdings (Pty) Ltd                    
Date of transaction      :         30 June 2011                                 
Vesting period           :         7 years                                      
Class of securities      :         Ordinary                                     
Nature of interest       :         Direct Beneficial                            
Number of shares         :         5,361                                        
Offer strike price       :         R60.60                                       
Offer strike date        :         01 March 2007                                
Nature of transaction:             Acceptance of conditional awards vested and  
released in terms of the SAR Scheme           
Market price per share   :         R175.00                                      
Value of shares          :         R938,175.00                                  
Number of shares         :         2,815                                        
Offer strike price       :         R112.35                                      
Offer strike date        :         01 April 2008                                
Nature of transaction:             Acceptance of conditional awards vested and  
                                  released in terms of the SAR Scheme           
Market price per share   :         Weighted average price:  R175.00             
                                  Highest price:  R175.01                       
                                  Lowest price:  R175.00                        
Value of shares          :         R492,629.88                                  
CH WESSELS                                                                      
GROUP COMPANY SECRETARY                                                         
1 July 2011                                                                     
Sponsor                                                                         
Deutsche Securities (SA)(Proprietary)Limited                                    
Date: 01/07/2011 15:35:01 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                             .                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.                                          



                                        
Email this JSE Sens Item to a Friend.

Send e-mail to
© 2017 SHARENET (PTY) Ltd, Cape Town, South Africa
Home     Terms & conditions    Privacy Policy
    Security Notice    Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.