Wrap Text
VIL - Village Main Reef Limited - Dealing in securities
Village Main Reef Limited
(formerly known as Village Main Reef Gold Mining Company (1934) Limited)
(Registration number 1934/0057034/06)
Share Code: VIL
ISIN: ZAE000154761
("Village" or "the company")
DEALING IN SECURITIES
Shareholders are advised of the following information relating to the granting
of certain share appreciation rights under the company`s Share Appreciation
Rights Plan and the awarding of shares under the company`s Forfeitable Share
Plan to executive directors of Village.
Name of director: Bernard Swanepoel
Transaction date: 30 June 2011
Class of securities: Share appreciation rights
Number of securities: 3,000,000
Price per security: 117 cents
Total value: R3,510,000
Vesting date(s): 12 months from issue
Period of exercise: 3 years from vesting
Nature of transaction: Off-market grant
Nature and extent of director`s interest: Direct beneficial
Clearance to deal: Chairman`s approval granted
Name of director: Marius Saaiman
Transaction date: 30 June 2011
Class of securities: Share appreciation rights
Number of securities: 4,000,000
Price per security: 117 cents
Total value: R4,680,000
Vesting date(s): 12 months from issue
Period of exercise: 3 years from vesting
Nature of transaction: Off-market grant
Nature and extent of director`s interest: Direct beneficial
Clearance to deal: Chairman`s approval granted
Name of director: Dalu Ncube
Transaction date: 30 June 2011
Class of securities: Share appreciation rights
Number of securities: 1,000,000
Price per security: 117 cents
Total value: R1,117,000
Vesting date(s): 12 months from issue
Period of exercise: 3 years from vesting
Nature of transaction: Off-market grant
Nature and extent of director`s interest: Direct beneficial
Clearance to deal: Chairman`s approval granted
Name of director: Richard de Villiers
Transaction date: 30 June 2011
Class of securities: Share appreciation rights
Number of securities: 1,500,000
Price per security: 117 cents
Total value: R1,117,000
Vesting date(s): 12 months from issue
Period of exercise: 3 years from vesting
Nature of transaction: Off-market grant
Nature and extent of director`s interest: Direct beneficial
Clearance to deal: Chairman`s approval granted
Name of director: Bernard Swanepoel
Transaction date: 30 June 2011
Class of securities: Shares in the Forfeitable Share
Plan ("Forfeitable shares")
Number of securities: 2,000,000
Price per security: 117 cents
Total value: R2,340,000
Strike date(s): 12 months from issue
Nature of transaction: Off-market award
Nature and extent of director`s interest: Direct beneficial
Clearance to deal: Chairman`s approval granted
Name of director: Marius Saaiman
Transaction date: 30 June 2011
Class of securities: Forfeitable shares
Number of securities: 1,000,000
Price per security: 117 cents
Total value: R1,117,000
Strike date(s): 12 months from issue
Nature of transaction: Off-market award
Nature and extent of director`s interest: Direct beneficial
Clearance to deal: Chairman`s approval granted
Name of director: Dalu Ncube
Transaction date: 30 June 2011
Class of securities: Forfeitable shares
Number of securities: 800,000
Price per security: 117 cents
Total value: R936,000
Strike date(s): 12 months from issue
Nature of transaction: Off-market award
Nature and extent of director`s interest: Direct beneficial
Clearance to deal: Chairman`s approval granted
Name of director: Richard de Villiers
Transaction date: 30 June 2011
Class of securities: Forfeitable shares
Number of securities: 800,000
Price per security: 117 cents
Total value: R936,000
Strike date(s): 12 months from issue
Nature of transaction: Off-market award
Nature and extent of director`s interest: Direct beneficial
Clearance to deal: Chairman`s approval granted
6 July 2011
Sponsor
Java Capital
Date: 06/07/2011 12:43:02 Supplied by www.sharenet.co.za
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