CURRO HOLDINGS LIMITED - Exercise Of Share Options By Directors In Terms Of The Curro Share Incentive Trust

Exercise Of Share Options By Directors In Terms Of The Curro Share Incentive Trust

Curro Holdings Limited
Incorporated in the Republic of South Africa
(Registration number: 1998/025801/06)
JSE Share Code: COH
ISIN: ZAE000156253
(“Curro” or “the Company”)

EXERCISE OF OPTIONS BY DIRECTORS IN TERMS OF THE CURRO HOLDINGS SHARE
INCENTIVE TRUST

In compliance with rules 3.63 to 3.74 of the JSE            Limited   Listings
Requirements, the following information is disclosed:

 NAME OF DIRECTOR                    CR van der Merwe
 COMPANY OF WHICH I AM A DIRECTOR    Curro Holdings Limited
 STATUS:EXECUTIVE/NON-EXECUTIVE      Executive
 TYPE OF SECURITIES                  Shares
 CLASS OF SECURITIES                 Ordinary
 DATE OF TRANSACTION                 9 October 2013           (1),(2)
 OPTION STRIKE PRICE / PRICE PER     R4.89                    (1)
 SHARE                               R19.25                   (2)
 NUMBER OF OPTIONS EXERCISED /       210 792                  (1)
 NUMBER OF SHARES DISPOSED OF        210 792                  (2)
 TOTAL RAND VALUE OF OPTIONS /       R1 030 772.88            (1)
 TOTAL RAND VALUE OF SHARES
 DISPOSED OF                         R4 057 746.00           (2)
 STRIKE DATE OF OPTIONS              28 September 2013
 PERIOD OF EXERCISE                  Participants have a 30 day
                                     period from the strike date
                                     during which options can be
                                     exercised
 NAME OF ASSOCIATE                   Chris van der Merwe Trust
 RELATIONSHIP WITH DIRECTOR          Trustee and beneficiary
 NATURE OF TRANSACTION               Acquisition of shares in Curro
                                     Holdings Limited through the
                                     exercise of options (Off-market
                                     transaction)            (1)
                                     Disposal of shares(On-market
                                     transaction)            (2)
 NATURE AND EXTENT OF INTEREST IN
 THE TRANSACTION                     Indirect, beneficial
 CLEARANCE OBTAINED                  Yes


 NAME OF DIRECTOR                    AJF Greyling
 COMPANY OF WHICH I AM A DIRECTOR    Curro Holdings Limited
 STATUS:EXECUTIVE/NON-EXECUTIVE      Executive
 TYPE OF SECURITIES                  Shares
 CLASS OF SECURITIES                 Ordinary
 DATE OF TRANSACTION                 9 October 2013         (1),(2)
 OPTION STRIKE PRICE / PRICE PER     R4.89                  (1)
 SHARE                               R19.25                 (2)
 NUMBER OF OPTIONS EXERCISED /       180 229                (1)
 NUMBER OF SHARES DISPOSED OF        130 229                (2)
 TOTAL RAND VALUE OF OPTIONS /       R881 319.81            (1)
 TOTAL RAND VALUE OF SHARES
DISPOSED OF                        R2 506 908.25           (2)
STRIKE DATE OF OPTIONS             28 September 2013
PERIOD OF EXERCISE                 Participants have a 30 day
                                   period from the strike date
                                   during which options can be
                                   exercised
NAME OF ASSOCIATE                  Greyling Familietrust
RELATIONSHIP WITH DIRECTOR         Trustee and beneficiary
NATURE OF TRANSACTION              Acquisition of shares in Curro
                                   Holdings Limited through the
                                   exercise of options (Off-market
                                   transaction)            (1)
                                   Disposal of shares(On-market
                                   transaction)            (2)
NATURE AND EXTENT OF INTEREST IN
THE TRANSACTION                    Indirect, beneficial
CLEARANCE OBTAINED                 Yes

NAME OF DIRECTOR                   B van der Linde
COMPANY OF WHICH I AM A DIRECTOR   Curro Holdings Limited
STATUS:EXECUTIVE/NON-EXECUTIVE     Executive
TYPE OF SECURITIES                 Shares
CLASS OF SECURITIES                Ordinary
DATE OF TRANSACTION                9 October 2013
OPTION STRIKE PRICE                R4.89
NUMBER OF OPTIONS EXERCISED        102 346
TOTAL RAND VALUE OF OPTIONS        R500 471.94
STRIKE DATE OF OPTIONS             28 September 2013
PERIOD OF EXERCISE                 Participants have a 30 day
                                   period from the strike date
                                   during which options can be
                                   exercised
NATURE OF TRANSACTION              Acquisition of shares in Curro
                                   Holdings Limited through the
                                   exercise of options (Off-market
                                   transaction)
NATURE AND EXTENT OF INTEREST IN
THE TRANSACTION                    Direct, beneficial
CLEARANCE OBTAINED                 Yes

NAME OF DIRECTOR                   HG Louw
COMPANY OF WHICH I AM A DIRECTOR   Curro Holdings Limited
STATUS:EXECUTIVE/NON-EXECUTIVE     Executive
TYPE OF SECURITIES                 Shares
CLASS OF SECURITIES                Ordinary
DATE OF TRANSACTION                9 October 2013           (1),(2)
OPTION STRIKE PRICE / PRICE PER    R4.89                    (1)
SHARE                              R19.25                   (2)
NUMBER OF OPTIONS EXERCISED /      122 935                  (1)
NUMBER OF SHARES DISPOSED OF       122 935                  (2)
TOTAL RAND VALUE OF OPTIONS /      R601 152.15              (1)
TOTAL RAND VALUE OF SHARES
DISPOSED OF                        R2 366 498.75           (2)
STRIKE DATE OF OPTIONS             28 September 2013
PERIOD OF EXERCISE                 Participants have a 30 day
                                   period from the strike date
                                    during which options can be
                                    exercised
 NATURE OF TRANSACTION              Acquisition of shares in Curro
                                    Holdings Limited through the
                                    exercise of options (Off-market
                                    transaction)            (1)
                                    Disposal of shares (On-market
                                    transaction)            (2)
 NATURE AND EXTENT OF INTEREST IN
 THE TRANSACTION                    Direct, beneficial
 CLEARANCE OBTAINED                 Yes

Durbanville
11 October 2013

Sponsor
PSG Capital

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