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ART - Argent - Exercise Of Share Options By Directors

Release Date: 07/12/2007 07:30
Code(s): ART
Wrap Text

ART - Argent - Exercise Of Share Options By Directors ARGENT INDUSTRIAL LIMITED (Incorporated in the Republic of South Africa) (Registration number 1993/002054/06) (Share code: ART & ISIN: ZAE000019188) ("Argent" or "the Company") EXERCISE OF SHARE OPTIONS BY DIRECTORS Arcay Moela Sponsors (Pty) Limited is authorised to announce that as at 5 December 2007, the following directors exercised share options in the Company : M Allen MJ Antonic SJ Cox Chop Trust - T Hendry
Allot at R2.51 4 706 Allot at R3.44 40 000 Allot at R4.00 8 000 Allot at R5.40 8 250 8 250 Allot at R4.53 4 222 Allot at R10.65 30 000 30 000 Allot at R11.65 37 900 Allot at R17.90 10 000 10 000 35 000 50 000 Total shares 86 150 105 178 35 000 50 000 allotted Total Rand 984 585.00 743 587.72 626 500.00 895 000.00 value P Day AF T Scharrig- D Smith Litschka huisen Allot at R2.51 Allot at R3.44 30 000 Allot at R4.00 Allot at R5.40 8 250 Allot at R4.53 4 222 Allot at R10.65 2 000 12 000 3 500 Allot at R11.65 Allot at R17.90 10 000 50 000 10 000 Total shares 2 000 10 000 104 472 13 500 allotted Total Rand 21 300.00 179 000.00 1 189 675.66 216 275.00 value G Youngman Allot at R2.51 Allot at R3.44 Allot at R4.00 Allot at R5.40 Allot at R4.53 Allot at R10.65 Allot at R11.65 15 521 Allot at R17.90 5 000 Total shares 20 521 allotted Total Rand 270 319.65 value NWN* - SJ NWN* - TR NWN* - MP NWN* - MJ
Cox Hendry Allen Antonic Allot at R17.90 15 000 15 000 15 000 15 000 Total shares 15 000 15 000 15 000 15 000 allotted Total Rand 268 500.00 268 500.00 268 500.00 268 500.00 value NWN* - AF NWN* - D Litschka Smith Allot at R17.90 15 000 15 000 Total shares 15 000 15 000 allotted Total Rand 268 500.00 268 500.00 value * - NWN Automotive Precision Engineering SUMMARY Allotted Rand Value Allot at R2.51 4 706 11 812.06 Allot at R3.44 70 000 240 800.00 Allot at R4.00 8 000 32 000.00 Allot at R5.40 24 750 133 650.00 Allot at R4.53 8 444 38 251.32 Allot at R10.65 77 500 825 375.00 Allot at R11.65 53 421 622 354.65 Allot at R17.90 270 000 4 833 000.00 Total shares 516 821 6 737 243.03 allotted All options were exercised on ordinary shares, and clearance was obtained prior to the exercising of the options. The shares are directly and beneficially held. Maraisburg 6 December 2007 Sponsor Sansara Independent Sponsor Services (Pty) Limited Date: 07/12/2007 07:30:02 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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