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JDG - JD Group Limited - Dealing in Securities: Granting of Share Appreciation

Release Date: 24/02/2011 16:50
Code(s): JDG
Wrap Text

JDG - JD Group Limited - Dealing in Securities: Granting of Share Appreciation Rights JD Group Limited (Incorporated in the Republic of South Africa) (Registration number: 1981/009108/06) ISIN: ZAE000030771 JSE code: JDG ("JD Group") DEALING IN SECURITIES: GRANTING OF SHARE APPRECIATION RIGHTS In compliance with paragraph 3.63 to 3.66 of the JSE Limited ("JSE") Listings Requirements ("Listings Requirements"), the below-mentioned information is disclosed on behalf of the directors and company secretary of JD Group, as well as the directors of major subsidiaries of JD Group, namely JDG Trading (Proprietary) Limited, JDG Micro Insurance Limited and JDG Micro Life Limited. In respect of all the disclosures made below: - the nature of the transaction is a grant of share appreciation rights and is an off-market transaction; - the issuer is JD Group; - the class of security upon which the share appreciation rights are based, is ordinary shares; - before the share appreciation rights were granted, clearance was obtained; from the Chairman of JD Group and the JD Group Remuneration Committee, as required in terms of paragraph 3.66 of the Listing Requirements; - the share appreciation rights were granted on 24 February 2011; - the share appreciation rights will vest from 24 February 2014, subject to having met certain predetermined performance conditions; - the vested share appreciation rights will expire after seven years, on 24 February 2018; - the strike price is R51-30 per share appreciation right, which is equal to the Volume Weighted Average Price of JD Group`s ordinary shares on the JSE at 23 February 2011, the business day prior to the grant; - the extent of the interest is direct beneficial. The following individuals received grants: NAME OF DIRECTOR: P Barletta NAME OF COMPANY: JDG Trading (Pty) Ltd NUMBER OF SECURITIES: 40 000 TOTAL RAND VALUE OF SECURITIES: R2,052,000-00 NAME OF DIRECTOR: KR Chauke NAME OF COMPANY: JD Group Ltd NUMBER OF SECURITIES: 50 000 TOTAL RAND VALUE OF SECURITIES: R2,565,000-00 NAME OF DIRECTOR: HP Greeff NAME OF COMPANY: JD Group Ltd NUMBER OF SECURITIES: 50 000 TOTAL RAND VALUE OF SECURITIES: R2,565,000-00 NAME OF DIRECTOR: R Griessel NAME OF COMPANY: JDG Micro Insurance Ltd/JDG Micro Life Ltd
NUMBER OF SECURITIES: 40 000 TOTAL RAND VALUE OF SECURITIES: R2,052,000-00 NAME OF DIRECTOR: DB Hirsch NAME OF COMPANY: JDG Trading (Pty) Ltd NUMBER OF SECURITIES: 50 000 TOTAL RAND VALUE OF SECURITIES: R2,565,000-00 NAME OF DIRECTOR: AG Kirk NAME OF COMPANY: JD Group Ltd NUMBER OF SECURITIES: 175 000 TOTAL RAND VALUE OF SECURITIES: R8,977,500-00 NAME OF DIRECTOR: PC Kruger NAME OF COMPANY: JDG Trading (Pty) Ltd NUMBER OF SECURITIES: 50 000 TOTAL RAND VALUE OF SECURITIES: R2,565,000-00 NAME OF DIRECTOR: K Mfuni NAME OF COMPANY: JDG Trading (Pty) Ltd NUMBER OF SECURITIES: 40 000 TOTAL RAND VALUE OF SECURITIES: R2,052,000-00 NAME OF DIRECTOR: AP Murray NAME OF COMPANY: JDG Trading (Pty) Ltd NUMBER OF SECURITIES: 40 000 TOTAL RAND VALUE OF SECURITIES: R2,052,000-00 NAME OF DIRECTOR: A Neven NAME OF COMPANY: JDG Trading (Pty) Ltd NUMBER OF SECURITIES: 40 000 TOTAL RAND VALUE OF SECURITIES: R2,052,000-00 NAME OF DIRECTOR: GF Pearce NAME OF COMPANY: JDG Trading (Pty) Ltd NUMBER OF SECURITIES: 40 000 TOTAL RAND VALUE OF SECURITIES: R2,052,000-00 NAME OF COMPANY SECRETARY: JMWR Pieterse NAME OF COMPANY: JD Group Ltd NUMBER OF SECURITIES: 40 000 TOTAL RAND VALUE OF SECURITIES: R2,052,000-00 NAME OF DIRECTOR: ID Sussman NAME OF COMPANY: JD Group Ltd NUMBER OF SECURITIES: 265 000 TOTAL RAND VALUE OF SECURITIES: R13,594,500-00 NAME OF DIRECTOR: ID Thompson NAME OF COMPANY: JD Group Ltd NUMBER OF SECURITIES: 50 000 TOTAL RAND VALUE OF SECURITIES: R2,565,000-00 NAME OF DIRECTOR: BJ van Rooy NAME OF COMPANY: JD Group Ltd NUMBER OF SECURITIES: 50 000 TOTAL RAND VALUE OF SECURITIES: R2,565,000-00 24 February 2011 Johannesburg SPONSOR PSG Capital (Proprietary) Limited Date: 24/02/2011 16:50:01 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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