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

Release Date: 09/03/2011 11:31
Code(s): KIO
Wrap Text

KIO - Kumba Iron Ore Limited - Exercise of options and subsequent sale of shares by directors, company secretary and directors of a major subsidiary 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 ("Kumba") EXERCISE OF OPTIONS AND SUBSEQUENT SALE OF SHARES BY DIRECTORS, COMPANY SECRETARY AND DIRECTORS OF A MAJOR SUBSIDIARY In compliance with the Listings Requirements of the JSE Limited ("JSE"), the following information is disclosed: Director: Vincent Uren Date of transaction: 07 March 2011 Nature of transaction: Off market exercise of options Class of securities: Options in respect of ordinary shares Number of options exercised: 3,649 Option strike price: R124.27 Value of transaction: R453,461.23 Date of transaction: 07 March 2011 Nature of transaction: On market sale of shares Class of securities: Ordinary shares Number of shares sold 3,649 @ R472.95 per share and selling price: Value of transaction: R1,725 794.55 Nature of interest: Direct beneficial Date of transaction: 07 March 2011 Nature of transaction: Off market exercise of options Class of securities: Options in respect of ordinary shares Number of options exercised: 227 Option strike price: R267.61 Value of transaction: R60,747.47 Nature of interest: Direct beneficial Date of transaction: 07 March 2011 Nature of transaction: On market sale of shares Class of securities: Ordinary shares Number of shares sold 227 @ R472.95 per share and selling price: Value of transaction: R107,359.65 Nature of interest: Direct beneficial Date of transaction: 07 March 2011 Nature of transaction: Off market exercise of options Class of securities: Options in respect of ordinary shares Number of options exercised: 5,240 Option strike price: R332.06 Value of transaction: R1,739,994.40 Nature of interest: Direct beneficial Date of transaction: 07 March 2011 Nature of transaction: On market sale of shares Class of securities: Ordinary shares Number of shares sold 5,240 @ R462.64 per share and selling price: Value of transaction: R2,424,233.60 Nature of interest: Direct beneficial Date of transaction: 08 March 2011 Nature of transaction: On market sale of shares Class of securities: Ordinary shares Number of shares sold 3,000 @ R480 per share and selling price: Value of transaction: R1,440,000.00 Nature of interest: Direct beneficial Name of company secretary: Vusani Malie Date of transaction: 07 March 2011 Nature of transaction: Off market exercise of options Class of securities: Options in respect of ordinary shares Number of options exercised: 479 Option strike price: R332.06 Value of transaction: R159,056.74 Nature of interest: Direct beneficial
Date of transaction: 07 March 2011 Nature of transaction: On market sale of shares Class of securities: Ordinary shares Number of shares sold 479 @ R472.95 per share and selling price: Value of transaction: R226,543.05 Nature of interest: Direct beneficial
Date of transaction: 07 March 2011 Nature of transaction: Off market exercise of options Class of securities: Options in respect of ordinary shares Number of options exercised: 1,706 Option strike price: R332.06 Value of transaction: R566,494.36 Nature of interest: Direct beneficial
Date of transaction: 07 March 2011 Nature of transaction: On market sale of shares Class of securities: Ordinary shares Number of shares sold 751@ R462.64 per share and selling price: Value of transaction: R347,442.64 Nature of interest: Direct beneficial
Director: Francois Louw Name of Company: Sishen Iron Ore Company (Pty) Ltd (a major subsidiary of Kumba) Date of transaction: 07 March 2011 Nature of transaction: Off market exercise of options Class of securities: Options in respect of ordinary shares Number of options exercised: 874 Option strike price: R332.06 Value of transaction: R290,220.44 Nature of interest: Direct beneficial Date of transaction: 07 March 2011 Nature of transaction: On market sale of shares Class of securities: Ordinary shares Number of shares sold 874 @ R472.00 per share and selling price: Value of transaction: R412,528.00 Nature of interest: Direct beneficial Date of transaction: 07 March 2011 Nature of transaction: Off market exercise of options Class of securities: Options in respect of ordinary shares Number of options exercised: 3,102 Option strike price: R332.06 Value of transaction: R1,030,050.12 Nature of interest: Direct beneficial Director: Christo van Loggerenberg Name of Company Sishen Iron Ore Company (Pty) Ltd (a major subsidiary of Kumba) Nature of transaction: Off market exercise of options Class of securities: Options in respect of ordinary shares Number of options exercised: 3,148 Option strike price: R332.06 Value of transaction: R1,045,324.88 Nature of interest: Direct beneficial Date of transaction: 07 March 2011 Nature of transaction: On market sale of shares Class of securities: Ordinary shares Number of shares sold 1,386 @ R462.64 per share and selling price: Value of transaction: R641,219.04 Nature of interest: Direct beneficial Date of transaction: 07 March 2011 Nature of transaction: Off market exercise of options Class of securities: Options in respect of ordinary shares Number of options exercised: 886 Option strike price: R332.06 Value of transaction: R294,205.16 Nature of interest: Direct beneficial Date of transaction: 07 March 2011 Nature of transaction: On market sale of shares Class of securities: Ordinary shares Number of shares sold 390 @ R472.95 per share and selling price: Value of transaction: R184,450.50 Nature of interest: Direct beneficial Director: Aart van den Brink Name of Company Sishen Iron Ore Company (Pty) Ltd (a major subsidiary of Kumba)
Nature of transaction: Off market exercise of options Class of securities: Options in respect of ordinary shares Number of options exercised: 1,712 Option strike price: R332.06 Value of transaction: R568,486.72 Nature of interest: Direct beneficial Date of transaction: 07 March 2011 Nature of transaction: On market sale of shares Class of securities: Ordinary shares Number of shares sold 1,712 @ R462.64 per share and selling price: Value of transaction: R792,039.68 Nature of interest: Direct beneficial Director: Martin Poggiolini Name of Company Sishen Iron Ore Company (Pty) Ltd (a major subsidiary of Kumba) Date of transaction: Nature of transaction: Off market exercise of options Class of securities: Options in respect of ordinary shares Number of options exercised: 1,882 Option strike price: R332.06 Value of transaction: R624,936.92 Nature of interest: Direct beneficial Date of transaction: 07 March 2011 Nature of transaction: On market sale of shares Class of securities: Ordinary shares Number of shares sold 829 @ R462.64 per share and selling price: Value of transaction: R383,528.56 Nature of interest: Direct beneficial Date of transaction: 07 March 2011 Nature of transaction: Off market exercise of options Class of securities: Options in respect of ordinary shares Number of options exercised: 577 Option strike price: R332.06 Value of transaction: R191,598.62 Nature of interest: Direct beneficial Date of transaction: 07 March 2011 Nature of transaction: On market sale of shares Class of securities: Ordinary shares Number of shares sold 254 @ R479.16 per share and selling price: Value of transaction: R121,706.64 Nature of interest: Direct beneficial Clearance in terms of 3.66 of the JSE Listings Requirements has been obtained for the above transactions. Centurion 09 March 2011 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: 09/03/2011 11:31:01 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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