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SANLAM LIMITED - ANNUAL SHARE OPTION ALLOCATION TO EXECUTIVE DIRECTORS
Sanlam Limited
(Registration number 1959/001562/06)
JSE Share code: SLM
NSX Share code: SLA
ISIN number: ZAE000028262
ANNUAL SHARE OPTION ALLOCATION TO EXECUTIVE DIRECTORS
In compliance with the JSE Securities Exchange South Africa Listings
Requirements rule 3.63 to 3.74, and in line with its policy regarding annual
allocations under its approved share option scheme, the Board of Sanlam Limited
announces the following share option allocations to the executive directors of
Sanlam Limited, of its major subsidiary Sanlam Life and to its company
secretary.
Notice is hereby given of the following transaction in Sanlam Limited
securities:
Name of Director: J. van Zyl (Group Chief Executive Officer)
Name of associate or
investment manager
(if applicable): -
The class of securities
(shares, options, etc.): Ordinary shares (Share option scheme)
The option scheme period: Eight years
The option scheme expiry date: 1 June 2012
The date on which the transaction
was effected: 23 June 2004
The nature of the transaction
(buy, sell, etc.): Grant, acceptance and exercise of share
options
Total number of units: 196 629
Transaction price: R8,40
Total amount involved: R1 651 683,60
Pre-approval obtained: Yes
The nature and the extent of the
directors" interest in the
transaction (personal transaction,
transaction by beneficial
trust, etc.): Personal transaction
Name of Director: P. de V. Rademeyer (Executive Director)
Name of associate or investment
manager (if applicable): -
The class of securities (shares,
options, etc.): Ordinary shares (Share option scheme)
The option scheme period: Eight years
The option scheme expiry date: 1 June 2012
The date on which the transaction
was effected: 23 June 2004
The nature of the transaction
(buy, sell, etc.): Grant, acceptance and exercise of share
options
Total number of units: 60 674
Transaction price: R8,40
Total amount involved: R509 661,60
Pre-approval obtained: Yes
The nature and the extent of the
directors" interest in the
transaction (personal transaction,
transaction by beneficial
trust, etc.): Personal transaction
Name of Director: J.P. Moller (Alternate Non-Executive
Director, Sanlam Life)
Name of associate or investment
manager (if applicable): -
The class of securities (shares,
options, etc.): Ordinary shares (Share option scheme)
The option scheme period: Eight years
The option scheme expiry date: 1 June 2012
The date on which the transaction
was effected: 23 June 2004
The nature of the transaction
(buy, sell, etc.): Grant, acceptance and exercise of share
options
Total number of units: 308 525
Transaction price: R8,40
Total amount involved: R2 591 610,00
Pre-approval obtained: Yes
The nature and the extent of the
directors" interest in the
transaction (personal transaction,
transaction by beneficial
trust, etc.): Personal transaction
Name of Director: C.G. Swanepoel (Non-Executive Director,
Sanlam Life)
Name of associate or investment
manager (if applicable): -
The class of securities
(shares, options, etc.): Ordinary shares (Share option scheme)
The option scheme period: Eight years
The option scheme expiry date: 1 June 2012
The date on which the transaction
was effected: 23 June 2004
The nature of the transaction
(buy, sell, etc.): Grant and acceptance of share options
Total number of units: 117 458
Transaction price: R8,40
Total amount involved: R986 647,20
Pre-approval obtained: Yes
The nature and the extent of the
directors" interest in the
transaction (personal transaction,
transaction by beneficial
trust, etc.): Personal transaction
Name of Director: H.C. Werth (Executive Director, Sanlam Life)
Name of associate or investment
manager (if applicable): -
The class of securities
(shares, options, etc.): Ordinary shares (Share option scheme)
The option scheme period: Eight years
The option scheme expiry date: 1 June 2012
The date on which the transaction
was effected: 23 June 2004
The nature of the transaction
(buy, sell, etc.): Grant, acceptance and exercise of share
options
Total number of units: 240 946
Transaction price: R8,40
Total amount involved: R2 023 946,40
Pre-approval obtained: Yes
The nature and the extent of the
directors" interest in the
transaction (personal transaction,
transaction by beneficial
trust, etc.): Personal transaction
Name of Director: L. Lambrechts (Alternate Executive Director)
Name of associate or investment
manager (if applicable): -
The class of securities
(shares, options, etc.): Ordinary shares (Share option scheme)
The option scheme period: Eight years
The option scheme expiry date: 1 June 2012
The date on which the transaction
was effected: 23 June 2004
The nature of the transaction
(buy, sell, etc.): Grant and acceptance of share options
Total number of units: 226 106
Transaction price: R8,40
Total amount involved: R1 899 290,40
Pre-approval obtained: Yes
The nature and the extent of the
directors" interest in the
transaction (personal transaction,
transaction by beneficial
trust, etc.): Personal transaction
Name of Director: N.T. Christodoulou (Alternate Executive
Director)
Name of associate or investment
manager (if applicable): -
The class of securities (shares,
options, etc.): Ordinary shares (Share option scheme)
The option scheme period: Eight years
The option scheme expiry date: 1 June 2012
The date on which the transaction
was effected: 23 June 2004
The nature of the transaction
(buy, sell, etc.): Grant, acceptance and exercise of share
options
Total number of units: 88 438
Transaction price: R8,40
Total amount involved: R742 879,20
Pre-approval obtained: Yes
The nature and the extent of the
directors" interest in the
transaction (personal transaction,
transaction by beneficial
trust, etc.): Personal transaction
Name of Director: J.P. Bester (Company Secretary)
Name of associate or investment
manager (if applicable): -
The class of securities
(shares, options, etc.): Ordinary shares (Share option scheme)
The option scheme period: Eight years
The option scheme expiry date: 1 June 2012
The date on which the transaction
was effected: 23 June 2004
The nature of the transaction
(buy, sell, etc.): Grant, acceptance and exercise of share
options
Total number of units: 84 322
Transaction price: R8,40
Total amount involved: R708 304,80
Pre-approval obtained: Yes
The nature and the extent of the
directors" interest in the
transaction (personal transaction,
transaction by beneficial
trust, etc.): Personal transaction
Name of Director: J.H.P. van der Merwe (Alternate Executive
Director)
Name of associate or investment
manager (if applicable): -
The class of securities
(shares, options, etc.): Ordinary shares (Share option scheme)
The option scheme period: Eight years
The option scheme expiry date: 1 June 2012
The date on which the transaction
was effected: 23 June 2004
The nature of the transaction
(buy, sell, etc.): Grant, acceptance and exercise of share
options
Total number of units: 279 775
Transaction price: R8,40
Total amount involved: R2 350 110,00
Pre-approval obtained: Yes
The nature and the extent of the
directors" interest in the
transaction (personal transaction,
transaction by beneficial
trust, etc.): Personal transaction
Name of Director: B.T. Gamedze (Executive Director, Sanlam
Life)
Name of associate or investment
manager (if applicable): -
The class of securities
(shares, options, etc.): Ordinary shares (Share option scheme)
The option scheme period: Eight years
The option scheme expiry date: 1 June 2012
The date on which the transaction
was effected: 23 June 2004
The nature of the transaction
(buy, sell, etc.): Grant, acceptance and exercise of share
options
Total number of units: 56 179
Transaction price: R8,40
Total amount involved: R471 903,60
Pre-approval obtained: Yes
The nature and the extent of the
directors" interest in the
transaction (personal transaction,
transaction by beneficial
trust, etc.): Personal transaction
25 June 2004
Date: 25/06/2004 01:17:18 PM Supplied by www.sharenet.co.za
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