ASTRAPAK LIMITED - Acceptance of options by directors and the company secretary of the company

Acceptance of options by directors and the company secretary of the company

Astrapak Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1995/009169/06)
Share Code: APK
ISIN: ZAE000096962
("Astrapak" or “the company” or “the Group”)


ACCEPTANCE OF OPTIONS BY DIRECTORS AND THE COMPANY SECRETARY OF THE
COMPANY

In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:

Director                      :      Mr. Robin Moore
Company                       :      Astrapak Limited
Date of transaction           :      Friday 18 October 2013
Nature of transaction                Acceptance of off market options issued
                                     to the director
Class of securities           :      Options in respect of ordinary shares
Number of options granted     :      1,100,000
Option strike price           :      R 6.91
Strike date                   :      The vesting date for these options is
                                     27 November 2015
Period of exercise            :      Option lapses 8 years from date of
                                     issue being 27 November 2020
Vesting                       :      On exercise of the options
Total value of transaction    :      R 7,601,000-00
Nature of interest            :      Direct beneficial
Clearance obtained            :      Yes

Director                      :      Mr. Robin Moore
Company                       :      Astrapak Limited
Date of transaction           :      Friday 18 October 2013
Nature of transaction                Acceptance of off market options issued
                                     to the director
Class of securities           :      Options in respect of ordinary shares
Number of options granted     :      940,000
Option strike price           :      R 5.73
Strike date                   :      The vesting date for these options is 3
                                     October 2016
Period of exercise            :      Option lapses 8 years from date of
                                     issue being 3 October 2021
Vesting                       :      On exercise of the options
Total value of transaction    :      R5,386,200-00
Nature of interest            :      Direct beneficial
Clearance obtained            :      Yes

Director                      :      Mr. Manley Diedloff
Company                       :      Astrapak Limited
Date of transaction           :      Friday 18 October 2013
Nature of transaction                Acceptance of off market options issued
                                     to the director
Class of securities           :      Options in respect of ordinary shares
Number of options granted     :      620,000
Option strike price           :      R 5.73
Strike date                   :      The vesting date for these options is 3
                                     October 2016
Period of exercise            :      Option lapses 8 years from date of
                                     issue being 3 October 2021
Vesting                       :      On exercise of the options
Total value of transaction    :      R3,552,600-00
Nature of interest            :      Direct beneficial
Clearance obtained            :      Yes

Company Secretary            :       Mr. Sandile Ngwabi
Company                      :       Astrapak Limited
Date of transaction          :       Friday 18 October 2013
Nature of transaction                Acceptance of off market options issued
                                     to the company secretary
Class of securities           :      Options in respect of ordinary shares
Number of options granted     :      90,000
Option strike price           :      R 5.73
Strike date                   :      The vesting date for these options is 3
                                     October 2016
Period of exercise            :      Option lapses 8 years from date of
                                     issue being 3 October 2021
Vesting                       :      On exercise of the options
Total value of transaction    :      R515,700-00
Nature of interest            :      Direct beneficial
Clearance obtained            :      Yes

Johannesburg
21 October 2013

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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