VILLAGE MAIN REEF LIMITED - Award and Acceptance of Shares in terms of the Village Main ReefF Forfeitable Share Plan 2010 (FSP)

Award and Acceptance of Shares in terms of the Village Main ReefF Forfeitable Share Plan 2010 (“FSP”)

VILLAGE MAIN REEF LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1934/005703/06)?
Share Code: VIL ISIN: ZAE000154761
(“Village Main Reef”)


AWARD AND ACCEPTANCE OF SHARES IN TERMS OF THE VILLAGE MAIN REEF
FORFEITABLE SHARE PLAN 2010 (“FSP”)

Shareholders are advised of the following information relating to the award and acceptance of
shares as offered to directors in terms of the rules of the FSP.

In terms of the rules of the FSP, the allocation made represents the maximum number of shares
that a participant could receive under the scheme if all the performance conditions attached to the
allocation are substantially exceeded, which conditions are fully described in the annual report.
The shares will be held by the Escrow Agent until their Vesting Date on the 3rd anniversary of
their award, as defined in the rules of the FSP, subject to the terms and conditions of the FSP as
described in the annual report:


Name of Director:                                       Ferdi Dippenaar

Transaction Date:                                       17 December 2013

Class of Securities:                                    Ordinary shares

Number of Securities:                                   6 616 103

Price per security:                                     R0.43

Total value:                                            R2 844 924

Nature of transaction:                                  Acceptance of shares offered in terms of
                                                        the FSP

Nature and extent of directors’ interest:               Direct beneficial

Clearance to deal received:                             Yes

Vesting date:                                           17 December 2016



Name of Director:                                       Clinton Halsey

Transaction Date:                                       17 December 2013

Class of Securities:                                    Ordinary shares

Number of Securities:                                   5 701 160

Price per security:                                     R0.43

Total value:                                            R2 451 499

Nature of transaction:                                  Acceptance of shares offered in terms of
                                                        the FSP

Nature and extent of directors’ interest:               Direct beneficial

Clearance to deal received:                             Yes

Vesting date:                                           17 December 2016



The above allocations were done off-market.

Johannesburg
18 December 2013

Sponsor
Bravura Capital (Pty) Ltd

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