AVENG LIMITED - Dealings by Directors and Subsidiary Directors

Dealings by Directors and Subsidiary Directors

AVENG LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1944/018119/06)
ISIN: ZAE000111829
SHARE CODE: AEG
("Aveng" or "the Group")


The    off-market    acceptance      of    awards    by    Directors    and    Subsidiary
Directors    in     terms    of    the     Forfeitable      Share      Plan   and        Share
Appreciation Rights Scheme.


Awards were made on the 27 August 2014 in terms of the Aveng Long Term
Incentive schemes, being the Share Appreciation Rights Scheme and the
Forfeitable Share Plan. All the awards are for the direct beneficial
interests of directors.


Share Appreciation Rights awarded to and accepted by Directors and
Subsidiary Directors:
Employee          Employer Company           Acceptance         Award         Share
Name                                         Date               Price         Appreciatio
                                                                              n Rights
Kobus             Aveng Limited              29        August R 23.94         216 800
Verster                                      2014
Juba Mashaba      Aveng Limited              29        August R 23.94         190 700
                                             2014
Solly             Aveng           (Africa) 29          August R 23.94         125 900
Letsoalo          Limited                    2014


Forfeitable Share Plan (“FSP”)
Schedule 14 of the JSE Limited Listings Requirements will in this
instance not apply to the FSP as awards made under the scheme are
settled by way of acquiring shares from third parties on the open
market.     No     new    shares    will   be     issued   by   the    Company      to    any
participant.
Forfeitable Shares awarded to and accepted by Directors and Subsidiary
Directors:
Employee         Employer Company       Acceptance Award    Forfeitable
Name                                    Date        Price   Shares
Juba Mashaba     Aveng Limited          29   August R 23.94 143 367
                                        2014


The necessary clearance in terms of paragraph 3.66 of the JSE Listings
Requirements has been obtained.
27 August 2014


Sponsor: J.P. Morgan Equities Limited

Date: 27/08/2014 04:54:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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