To view the PDF file, sign up for a MySharenet subscription.

KIO - Kumba Iron Ore Limited - Exercise of options and subsequent sale of shares

Release Date: 27/10/2010 09:41
Code(s): KIO
Wrap Text

KIO - Kumba Iron Ore Limited - Exercise of options and subsequent sale of shares by a director 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 EXERCISE OF OPTIONS AND SUBSEQUENT SALE OF SHARES BY A DIRECTOR In compliance with the Listings Requirements of the JSE Limited ("JSE"), the following information is disclosed: Director: Vincent Uren Company: Kumba Iron Ore Limited Date of transaction: 25 October 2010 Nature of transaction: Off market exercise of options Class of securities: Options in respect of ordinary shares Number of options exercised: 3,472 Option strike price: R124.27 Value of transaction: R431,465.44 Date of transaction: 25 October 2010 Nature of transaction: On market sale of shares Class of securities: Ordinary shares Number of shares sold 3,472 @ R403.80 per share and selling price: Value of transaction: R1,401.993.60 Nature of interest: Direct beneficial Clearance in terms of 3.66 of the JSE Listings Requirements has been obtained for the above transactions. Centurion 27 October 2010 Enquiries contact: Mr VF Malie Company Secretary Kumba Iron Ore Limited Tel: (012) 683 7060 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 27/10/2010 09:41:01 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.

Share This Story