Go Back Email this Link to a friend


African Oxygen Limited - Granting Of Awards To Directors And The Company Secretary

Release Date: 22/11/2012 07:05:00      Code(s): AFX     
AFRICAN OXYGEN LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1927/000089/06)
JSE code: AFX
NSX code: AOX
ISIN: ZAE000067120
(?Afrox? or "the company")


GRANTING OF AWARDS TO DIRECTORS AND THE COMPANY SECRETARY

In compliance with paragraph 3.63 of the JSE Limited Listings Requirements (?Listings
Requirements?), shareholders are advised that certain directors and the Company Secretary
may derive a beneficial interest in terms of Afrox?s Forfeitable Share Plan (2012) (?the Scheme?).

Investec Bank, in their capacity as escrow agent, has acquired shares, on market, on behalf of
certain directors and the Company Secretary. In respect of the Scheme, the release of the
acquired shares to the directors and Company Secretary referred to below is conditional upon
the aforementioned being employed by the Company on that date and reaching predetermined
performance conditions.

In order to comply with the Listings Requirements, the directors? potential interest in these
dealings is disclosed below:

Name of director                                              B Kimber
Name of company                                               Afrox Limited
Nature of transaction                                         Purchase
Date of transaction                                           20 November 2012
Number of securities                                          30 000
Price per securities                                          R20,56 (High) R20,45 (Low)
Volume Weighted Average Price of securities                   R20.54
Total value of transaction                                    R526 221,32
Class of securities                                           Ordinary shares
Vesting period                                                3 years from date of grant
Nature of interest                                            Indirect beneficial
On/off market transaction                                     On



Name of director                                              N A Thomson
Name of company                                               Afrox Limited
Nature of transaction                                         Purchase
Date of transaction                                           20 November 2012
Number of securities                                          21 000
Price per securities                                          R20,56 (High) R20,56 (Low)
Volume Weighted Average Price of securities                   R20.56
Total value of transaction                                    R431 760,00
Class of securities                                           Ordinary shares
Vesting period                                         3 years from date of grant
Nature of interest                                     Indirect beneficial
On/off market transaction                              On

Name of director                                       J Narayadoo
Name of company                                        Afrox Limited
Nature of transaction                                  Purchase
Date of transaction                                    20 November 2012
Number of securities                                   12 800
Price per securities                                   R20,56 (High) R20,56 (Low)
Volume Weighted Average Price of securities            R20.56
Total value of transaction                             R263 168,00
Class of securities                                    Ordinary shares
Vesting period                                         3 years from date of grant
Nature of interest                                     Indirect beneficial
On/off market transaction                              On

Name of Company Secretary                              C Low
Name of company                                        Afrox Limited
Nature of transaction                                  Purchase
Date of transaction                                    20 November 2012
Number of securities                                   12 800
Price per securities                                   R20,56 (High) R20,55 (Low)
Volume Weighted Average Price of securities            R20.56
Total value of transaction                             R263 155,00
Class of securities                                    Ordinary shares
Vesting period                                         3 years from date of grant
Nature of interest                                     Indirect beneficial
On/off market transaction                              On


Clearance for the granting the above awards in terms of paragraph 3.66 of the Listings
Requirements has been obtained. The above trades were completed outside of a prohibited
period.

Johannesburg
22 November 2012

Sponsor
One Capital

Date: 22/11/2012 07:05:00 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.