Go Back Email this Link to a friend


Exxaro Resources Limited - Exx - Deferred Bonus Plan: Pledged And Matching Awards Vested, Released And Sold

Release Date: 06/04/2016 16:44:00      Code(s): EXX     
EXXARO RESOURCES LIMITED
Incorporated in the Republic of South Africa
(Registration Number: 2000/011076/06)
JSE share code: EXX
ISIN code: ZAE000084992
ADR code: EXXAY
(?Exxaro? or the ?Company?)

EXERCISE OF PLEDGED AND MATCHING AWARDS VESTED, RELEASED AND SOLD
AND ACCEPTANCE OF CONDITIONAL AWARDS AND PURCHASE AND PLEDGING OF
SHARES IN TERMS OF THE DEFERRED BONUS PLAN SCHEME (DBP SCHEME) BY A
DIRECTOR OF EXXARO AND DIRECTORS OF ITS MAJOR SUBSIDIARIES

In terms of paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notice is
hereby further given that a director of Exxaro and directors of its major subsidiaries exercised
pledged and matching awards granted, sold Exxaro ordinary shares and bought and pledged
shares in terms of the DBP Scheme, after having received clearance to do so in terms of
paragraph 3.66 of the JSE Limited Listings Requirements.

Class of shares:                                 Ordinary
Nature of transaction:                           Exercise of pledged and matching awards
                                                 vested and/or on market sale in terms of
                                                 the DBP Scheme
Nature of interest:                              Direct Beneficial
Date of transaction:                             4 April 2016
DBP vesting date                                 31 March 2016
Vesting period:                                  3 years

Name:                                            WA de Klerk
Director:                                        Exxaro Resources Limited
Pledged shares vested, released and
transferred to personal portfolio:               3,319
Strike price per pledged share:                  R141.50
Pledged shares vested, released and
transferred to personal portfolio:               1,001
Strike price per pledged share:                  R141.46
Matching shares vested and released
(transferred to personal portfolio):             4,320
VWAP on day of vesting:                          R72.97
Value of shares transferred (based on VWAP):     R315 230.40

Name:                                            IC Prinsloo
Director:                                        Exxaro International Trading AG
Pledged shares vested and released:              375
Strike price per pledged share:                  R142.86
Pledged shares vested and released:              156
Strike price per pledged share:                  R142.85
VWAP on day of vesting:                          R72.97
Matching shares vested and sold:                 531
Sale price per share:                            R70.20
Value of shares sold:                            R37 276.20
Name:                                          MR Walker
Director:                                      Exxaro Coal Proprietary Limited
                                               Exxaro Coal Mpumalanga Proprietary Ltd
                                               Exxaro International Trading AG
Pledged shares vested and released:            512
Strike price per pledged share:                R143.77
VWAP on day of vesting:                        R72.97
Matching shares vested and sold:               512
Sale price per share:                          R70.20
Value of shares sold:                          R35 942.40

Class of shares:                               Ordinary
Nature of transaction:                         Acceptance of awards granted, and
                                               purchase and pledging of shares in terms
                                               of the DBP Scheme
Nature of interest:                            Direct Beneficial
Vesting period:                                3 years
DBP vesting date:                              04 March 2019
Date of transaction:                           06 April 2016

Name:                                          WA de Klerk
Director:                                      Exxaro Resources Limited
Number of bought and pledged shares:           5,496
Strike price per share:                        R70.49
Total value of shares:                         R387,413.04

Name:                                          MDM Mgojo
Director:                                      Exxaro Resources Limited
                                               Exxaro Coal Proprietary Limited
                                               Exxaro Coal Mpumalanga Proprietary Ltd
Number of bought and pledged shares:           5,799
Strike price per share:                        R69.95
Total value of shares:                         R405,640.05

CH WESSELS
GROUP COMPANY SECRETARY

6 April 2016

Sponsor
Absa Bank Limited, acting through its corporate and investment bank division

Date: 06/04/2016 04:44:00 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.