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ACL - ArcelorMittal South Africa Limited - Offer And Acceptance Of Share Options

Release Date: 06/11/2009 14:21
Code(s): ACL
Wrap Text

ACL - ArcelorMittal South Africa Limited - Offer And Acceptance Of Share Options By Directors ArcelorMittal South Africa Limited (Incorporated in the Republic of South Africa) (Registration number: 1989/002164/06) Share code: ACL ISIN: ZAE000134961 ("ArcelorMittal") OFFER AND ACCEPTANCE OF SHARE OPTIONS BY DIRECTORS In compliance with paragraphs 3.63 to 3.65 of the Listings Requirements of the JSE Limited ("Listings Requirements"), notice is hereby given of share options offered and accepted by Directors of ArcelorMittal. Clearance in terms of paragraph of 3.66 of the Listings Requirements was obtained. Name of Director Ms NMC Nyembezi-Heita Position held Chief Executive Officer Transaction date 6 November 2009 Nature of transaction Offer and acceptance of share options Number of securities 66 520 Type of securities Ordinary shares Option strike price R106.50 Total market value R7 084 380.00 Period of exercise and/or vesting 10 years Nature and extent of interest in Direct beneficial transaction Name of Director Mr HJ Verster Position held Chief Financial Officer Transaction date 6 November 2009 Nature of transaction Offer and acceptance of share options Number of securities 31 180 Type of securities Ordinary shares Option strike price R106.50 Total market value R3 320 670.00 Period of exercise and/or vesting 10 years Nature and extent of interest in Direct Beneficial transaction 6 November 2009 Sponsor to ArcelorMittal South Africa Limited Deutsche Securities (SA) (Proprietary) Limited Date: 06/11/2009 14:21:01 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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