Go Back Email this Link to a friend


Exxaro Resources Limited - Exercise Of Pledged And Matching Awards Vested, Released And Sold In Terms Of The Deferred Bonus Plan Scheme

Release Date: 08/04/2016 13:25:00      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)

EXERCISE OF PLEDGED AND MATCHING AWARDS VESTED, RELEASED AND SOLD
IN TERMS OF THE DEFERRED BONUS PLAN SCHEME (DBP SCHEME) BY A
DIRECTOR OF A SUBSIDIARY OF EXXARO

In terms of paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notice is
hereby given that a director of a subsidiary of Exxaro exercised pledged and matching
awards granted in terms of the DBP Scheme and sold Exxaro ordinary shares, 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:                           7 April 2016
DBP vesting date                               31 March 2016
Vesting period:                                3 years

Name:                                          AM Mukhuba
Director:                                      Exxaro Coal Proprietary Limited
Pledged shares vested, released:               479
Strike price per pledged share:                R142.00
VWAP on day of vesting:                        R72.94
Matching shares vested and sold:               479
Sale price per share:                          R69.05
Value of shares sold:                          R33 074.95


CH WESSELS
GROUP COMPANY SECRETARY

8 April 2016


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

Date: 08/04/2016 01:25:00 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.