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RBW - Rainbow Chicken Limited - Dealings in securities by a director of a major

Release Date: 10/03/2011 17:10
Code(s): RBW
Wrap Text

RBW - Rainbow Chicken Limited - Dealings in securities by a director of a major subsidiary RAINBOW CHICKEN LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1966/004972/06) ISIN: ZAE000019063 Share Code: RBW DEALINGS IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Director : TJ Harding Company : Rainbow Farms (Pty) Limited (a major subsidiary of Rainbow ChickenLimited) Date of transaction : 9 March 2011 Nature of transaction : Off market acceptance and exercise of options Class of securities : Options in respect of ordinary shares Number of options : 250 000 accepted and exercised Option strike price : R8.25 Strike date : 1 August 2005 Vesting dates : 1 August 2007 (16 666 options) 1 August 2008 (116 667 options)
1 August 2009 (116 667 options) Total value of : R2,062,500.00 transaction Nature of interest : Direct beneficial Clearance obtained : Yes Date of transaction : 9 March 2011 Nature of transaction : On market sale of securities Class of securities : Ordinary shares Number of securities : 239 400 Selling price : 10 600 Total value of : R4,309,200.00 transaction Nature of interest : Direct beneficial Clearance obtained : Yes
Date of transaction : 10 March 2011 Nature of transaction : On market sale of securities Class of securities : Ordinary shares Number of securities : 239 400 Selling price : R18.00 Total value of : R4,309,200.00 transaction Nature of interest : Direct beneficial Clearance obtained : Yes Durban 10 March 2011 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 10/03/2011 17:10:01 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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