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

NPK - Nampak Limited - Exercise of share options and subsequent sale of shares

Release Date: 18/02/2011 16:06
Code(s): NPK
Wrap Text

NPK - Nampak Limited - Exercise of share options and subsequent sale of shares by a Director of a major subsidiary NAMPAK LIMITED (Incorporated in the Republic of South Africa) (Registration number 1968/008070/06) ("Nampak") ISIN: ZAE000071676 Share code: NPK EXERCISE OF SHARE OPTIONS AND SUBSEQUENT SALE OF SHARES BY A DIRECTOR OF A MAJOR SUBSIDIARY In compliance with paragraphs 3.63 to 3.70 of the Listings Requirements of the JSE Limited, the following information is disclosed relating to the exercise of share options and the subsequent sale of shares by a director of a major subsidiary: Name of director : SE Msane Name of subsidiary company : Nampak Products Limited Date of transaction : 17 February 2011 Nature of transaction : Off-market exercise of share options Class of security : Options in respect of ordinary shares Number of options exercised : 30 000 Option strike price : R14.95 per share Value of transaction : R448 500.00 Date of transaction : 17 February 2011 Nature of transaction : On-market sale of shares Class of security : Ordinary shares Number of shares sold : 30 000 Selling price : R23.00 per share Value of transaction : R690 000.00 Extent of interest : Direct, beneficial Prior clearance to deal : Obtained Sandton 18 February 2011 Sponsor: UBS South Africa (Pty) Limited Date: 18/02/2011 16:06:21 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