Wrap Text
EXX - Exxaro - Acceptance of conditional awards granted in terms of the share
appreciation right scheme, the Long Term Incentive Plan and the deferred Bonus
Plan scheme to directors of Exxaro and its major subsidiaries
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")
ACCEPTANCE OF CONDITIONAL AWARDS GRANTED IN TERMS OF THE SHARE APPRECIATION
RIGHT ("SAR") SCHEME, THE LONG TERM INCENTIVE PLAN ("LTIP") AND THE DEFERRED
BONUS PLAN ("DBP") SCHEME TO DIRECTORS OF EXXARO AND ITS MAJOR SUBSIDIARIES
In compliance with clauses 3.63 and 3.64 of the JSE Listings Requirements,
notice is hereby given that directors of Exxaro and its major subsidiaries, as
listed below, received and accepted awards granted in terms of the respective
schemes, after having received clearance to do so in terms of the JSE Listings
Requirements 3.66.
SAR Performance period: The vesting of the SAR awards is
conditional upon the achievement of
group performance targets over a
minimum period of 3 years and maximum
period of 5 years (total lapse period
of 7 years - 01/04/2008 to 01/04/2015)
Class of shares: Ordinary
Nature of transaction: Acceptance of SAR awards
Nature of interest: Direct Beneficial
Offer price: R67.07
Date of transaction: 4 May 2009
LTIP Performance The vesting of the LTIP awards is
period: conditional upon the achievement of
group performance targets over a
period of 3 years (01/01/2008 to
31/12/2010)
Class of shares: Ordinary
Nature of transaction: Acceptance of LTIP awards
Nature of interest: Direct Beneficial
Date of transaction: 4 May 2009
Class of shares: Ordinary
Nature of transaction: DBP Scheme
Nature of interest: Direct Beneficial
Vesting period: 3 years
Offer price: R65.58
Date of transaction: 5 May 2009
Name: SA Nkosi
SAR award: 67,430
LTIP award: 67,438
DBP award: 6,620
Name: WA de Klerk
SAR award: 37,760
LTIP award: 37,764
DBP award: 3,000
Name: L Groenewald
SAR award: 7,220
LTIP award: 7,222
Name: PA Koppeschaar
SAR award: 13,910
LTIP award: 13,914
DBP award: 1,549
Name: MDM Mgojo
SAR award: 27,530
LTIP award: 27,536
DBP award: 2,586
Name: IC Prinsloo
SAR award: 6,900
LTIP award: 6,904
Name: R Strydom
SAR award: 13,520
LTIP award: 13,528
DBP award: 1,491
Name: MS Viljoen
SAR award: 7,110
LTIP award: 7,116
Name: WH van Niekerk
SAR award: 14,080
LTIP award: 14,090
DBP award: 1,615
MS VILJOEN
COMPANY SECRETARY
Pretoria
6 May 2009
Sponsor
Deutsche Securities (SA) (Pty) Ltd
Date: 06/05/2009 16:02:01 Supplied by www.sharenet.co.za
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