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KIO - KIO - Grant and acceptance of offer of share options by director of Kio

Release Date: 07/12/2007 11:38
Code(s): KIO
Wrap Text

KIO - KIO - Grant and acceptance of offer of share options by director of Kio Kumba Iron Ore Limited A member of the Anglo American plc group (Incorporated in the Republic of South Africa) (Registration number 2005/015852/06) JSE Share code: KIO ISIN: ZAE000085346 ("KIO") GRANT AND ACCEPTANCE OF OFFER OF SHARE OPTIONS BY DIRECTOR OF KIO In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE Limited, the following information, relating to the grant and acceptance of share options by a director of KIO is disclosed: Director: Ras Myburgh Grant date: 3 December 2007 Acceptance date: 7 December 2007 Nature of Grant and acceptance of options transaction: Class of securities: Ordinary shares Number of securities: 1 054 Strike price: R267.61 per share Value of transaction: R282 060.94 Vesting period: Share options vest after three years on certain performance criteria being met in terms of the Kumba Iron Ore Long Term Incentive Plan
Nature of interest: Direct Beneficial Clearance in terms of 3.66 of the JSE Listings Requirements has been obtained. Pretoria 7 December 2007 Enquiries contact: Mr VF Malie Company Secretary Kumba Iron Ore Limited Tel: (012) 683 7060 Sponsor Deutsche Securities (SA) (Proprietary) Ltd Date: 07/12/2007 11:38:24 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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