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AIP - Adcock Ingram Holdings Limited - Dealings in securities by a director

Release Date: 17/02/2011 17:09
Code(s): AIP
Wrap Text

AIP - Adcock Ingram Holdings Limited - Dealings in securities by a director Adcock Ingram Holdings Limited (Registration number 2007/016236/06) (Incorporated in the Republic of South Africa) Share code: AIP ISIN: ZAE000123436 ("Adcock Ingram" or "the Company") DEALINGS IN SECURITIES BY A DIRECTOR In compliance with paragraphs 3.63 to 3.66 of the JSE Limited Listings Requirements, the following disclosure is made relating to dealings in securities of the Company by a director: Name of director: JJ Louw Designation: Executive Director Nature of transactions: Disposal of shares on-market subsequent to the exercise of share options
Date of transactions: 17 February 2011 Number of share options granted, 33 ordinary shares at R10.47 strike price and date of grant: granted on 1 September 2001 Vesting period: Fully vested after 5 years from offer date Selling price per share R58.02 Total value of transactions: R1 914.66 Interest: Direct beneficial - exercise of share options in the normal course Clearance to deal: Yes, obtained as per section 3.66 of the JSE Listings Requirements
Midrand 17 February 2011 Sponsor Deutsche Securities (SA) (Pty) Ltd Date: 17/02/2011 17:09:30 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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