Go Back Email this Link to a friend


Exx - Exxaro - Exercise Of Conditional Awards Granted In Terms Of The Long Term

Release Date: 11/04/2012 15:41:01      Code(s): EXX
EXX - Exxaro - Exercise of Conditional Awards granted in terms of the Long Term 
Incentive Plan 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)                                                                        
EXERCISE OF CONDITIONAL AWARDS GRANTED IN TERMS OF THE LONG TERM INCENTIVE PLAN 
(LTIP SCHEME) 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 exercised awards      
granted in terms of the LTIP Scheme, after having received clearance to do so in
terms of paragraph 3.66 of the JSE Listings Requirements.                       
Class of shares:         Ordinary                                               
Nature of transaction:   Exercise of conditional awards granted in terms of the 
                        LTIP Scheme                                             
Nature of interest:      Direct Beneficial                                      
Date of transaction:     05 April 2012                                          
LTIP vesting date:       01 April 2012                                          
Vesting period:          3 years                                                
Name:                    MDM Mgojo                                              
Director:                Exxaro Coal Proprietary Limited                        
Number of shares:        11 705                                                 
Strike price per share:  R203.99                                                
Value of shares:         R2,387,702.95                                          
Name:                    MDM Mgojo                                              
Director:                Exxaro Coal Proprietary Limited                        
Number of shares:        15 831                                                 
Strike price per share:  R197.54                                                
Value of shares:         R3,127,255.74                                          
11 April 2012                                                                   
CH WESSELS                                                                      
GROUP COMPANY SECRETARY                                                         
Sponsor                                                                         
Deutsche Securities (SA) Proprietary Limited                                    
Date: 11/04/2012 15:41:01 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.