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ARI - African Rainbow Minerals Limited - Director`s dealings in ARM securities

Release Date: 08/04/2011 17:00
Code(s): ARI
Wrap Text

ARI - African Rainbow Minerals Limited - Director`s dealings in ARM securities African Rainbow Minerals Limited (Incorporated in the Republic of South Africa) (Registration Number 1933/004580/06) JSE Share code: ARI ISIN: ZAE000054045 ("ARM") Director`s dealings in ARM securities In compliance with paragraph 3.63 - 3.66 of the Listings Requirements of the JSE Limited, we hereby advise the following dealings by a director in ARM securities: Name of director Frank Abbott Category of director Non-Executive 1 Date of transaction 7 April 2011 Nature of transaction Exercise of share options and on-market sale of shares
Class of securities Ordinary shares Offer price 13 973 cents per option Options granted on 16 October 2007 (13 994 vested on 17 October 2008, 13 994 vested on
17 October 2009 and 6 058 vested on 31 December 2009) 9 620 cents per option Options granted on 5 December 2008 and
vested on 31 December 2009 Number of securities 34 046 and 9 169 respectively Selling price of securities Average price of R223.9798 per share (with a low of R223.00 and a high of R224.50)
Total value of transaction R9 679 287.06 Nature of interest Direct, beneficial Clearance to deal Yes 2 Date of transaction 8 April 2011 Nature of transaction Exercise of share options and on-market sale of shares Class of securities Ordinary shares Offer price 13 973 cents per option Options granted on 16 October 2007 and vested on 31 December 2009 Number of securities 7 936 Selling price of securities R224.50 per share Total value of transaction R1 781 632.00 Nature of interest Direct, beneficial Clearance to deal Yes
Sandton 8 April 2011 Sponsor to ARM: Deutsche Securities (SA) (Proprietary) Limited Date: 08/04/2011 17:00:01 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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