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SKJ - Sekunjalo - Dealing in Sekunjalo Investments Limited Shares and Acceptance

Release Date: 31/08/2011 16:25
Code(s): SKJ
Wrap Text

SKJ - Sekunjalo - Dealing in Sekunjalo Investments Limited Shares and Acceptance of Options by Directors Sekunjalo Investments Limited (Incorporated in the Republic of South Africa) (Registration number 1996/006093/06) Share code: SKJ ISIN: ZAE000017893 ("Sekunjalo" or "the Company") DEALING IN SEKUNJALO INVESTMENTS LIMITED SHARES AND ACCEPTANCE OF OPTIONS BY DIRECTORS In compliance with rules 3.63 to 3.74 of the JSE Limited`s Listings Requirements, the following information is disclosed: 1. NAME OF DIRECTOR K Abdulla COMPANY OF WHICH I AM A DIRECTOR Sekunjalo Investments Limited STATUS:EXECUTIVE/NON-EXECUTIVE Executive TYPE OF SECURITIES Shares CLASS OF SECURITIES Ordinary DATE OF TRANSACTION 29 August 2011 CENTS PER SHARE 41 NUMBER OF SECURITIES TRANSACTED 8 936 200 TOTAL RAND VALUE OF SECURITIES R3 663 842.00 NATURE OF TRANSACTION Disposal (Off-market transaction) NAME OF ASSOCIATE The Fisk Trust RELATIONSHIP WITH DIRECTOR Director is trustee of the associate NATURE AND EXTENT OF INTEREST IN Indirect beneficial THE TRANSACTION CLEARANCE OBTAINED Yes 2. NAME OF DIRECTOR CF Hendricks COMPANY OF WHICH I AM A DIRECTOR Sekunjalo Investments Limited STATUS:EXECUTIVE/NON-EXECUTIVE Executive TYPE OF SECURITIES Shares CLASS OF SECURITIES Ordinary DATE OF TRANSACTION 29 August 2011 CENTS PER SHARE 41 NUMBER OF SECURITIES TRANSACTED 8 936 200 TOTAL RAND VALUE OF SECURITIES R3 663 842.00 NATURE OF TRANSACTION Purchase (Off-market transaction) NAME OF ASSOCIATE The Sekunjalo Consortium Empowerment Trust RELATIONSHIP WITH DIRECTOR Director is trustee of the associate
NATURE AND EXTENT OF INTEREST IN Indirect beneficial - on behalf of THE TRANSACTION The Sekunjalo Consortium Empowerment Trust CLEARANCE OBTAINED Yes 3. NAME OF DIRECTOR CR Ah Sing COMPANY OF WHICH I AM A DIRECTOR Sekunjalo Investments Limited STATUS:EXECUTIVE/NON-EXECUTIVE Executive TYPE OF SECURITIES Options to subscribe for ordinary shares in the share capital of Sekunjalo DATE OF SHARE OPTION ACCEPTANCE 29 August 2011 OPTION STRIKE PRICE (CENTS) 41 NUMBER OF OPTIONS ALLOCATED 400 000 TOTAL RAND VALUE OF OPTIONS R164 000.00 STRIKE DATES OF OPTIONS 1 December 2011 PERIOD OF EXERCISE At the respective strike date detailed above NATURE OF TRANSACTION Acceptance of options to subscribe for ordinary shares (Off-market
transaction) NATURE AND EXTENT OF INTEREST IN Direct beneficial THE TRANSACTION CLEARANCE OBTAINED Yes 4. NAME OF DIRECTOR CF Hendricks COMPANY OF WHICH I AM A DIRECTOR Sekunjalo Investments Limited STATUS:EXECUTIVE/NON-EXECUTIVE Executive TYPE OF SECURITIES Options to subscribe for ordinary shares in the share capital of Sekunjalo DATE OF SHARE OPTION ACCEPTANCE 29 August 2011 OPTION STRIKE PRICE (CENTS) 41 NUMBER OF OPTIONS ALLOCATED 300 000 TOTAL RAND VALUE OF OPTIONS R123 000.00 STRIKE DATES OF OPTIONS 1 June 2012, 1 June 2013, 1 June 2014* PERIOD OF EXERCISE At the respective strike dates detailed above NATURE OF TRANSACTION Acceptance of options to subscribe for ordinary shares (Off-market transaction) NATURE AND EXTENT OF INTEREST IN Direct beneficial THE TRANSACTION CLEARANCE OBTAINED Yes * The options will vest in 3 tranches of 25% on 1 June 2012, 35% on 1 June 2013 and 40% on 1 June 2014. 5. NAME OF DIRECTOR VC Mehana COMPANY OF WHICH I AM A DIRECTOR Sekunjalo Investments Limited STATUS:EXECUTIVE/NON-EXECUTIVE Non-executive TYPE OF SECURITIES Options to subscribe for ordinary shares in the share capital of Sekunjalo DATE OF SHARE OPTION ACCEPTANCE 29 August 2011 OPTION STRIKE PRICE (CENTS) 41 NUMBER OF OPTIONS ALLOCATED 250 000 TOTAL RAND VALUE OF OPTIONS R102 500.00 STRIKE DATES OF OPTIONS 1 June 2012, 1 June 2013, 1 June 2014* PERIOD OF EXERCISE At the respective strike dates detailed above NATURE OF TRANSACTION Acceptance of options to subscribe for ordinary shares (Off-market transaction) NATURE AND EXTENT OF INTEREST IN Direct beneficial THE TRANSACTION CLEARANCE OBTAINED Yes * The options will vest in 3 tranches of 25% on 1 June 2012, 35% on 1 June 2013 and 40% on 1 June 2014. 6. NAME OF DIRECTOR M Gaomab COMPANY OF WHICH I AM A DIRECTOR Sekunjalo Investments Limited STATUS:EXECUTIVE/NON-EXECUTIVE Non-executive TYPE OF SECURITIES Options to subscribe for ordinary shares in the share capital of Sekunjalo DATE OF SHARE OPTION ACCEPTANCE 29 August 2011 OPTION STRIKE PRICE (CENTS) 41 NUMBER OF OPTIONS ALLOCATED 250 000 TOTAL RAND VALUE OF OPTIONS R102 500.00 STRIKE DATES OF OPTIONS 1 June 2012, 1 June 2013, 1 June 2014*
PERIOD OF EXERCISE At the respective strike dates detailed above NATURE OF TRANSACTION Acceptance of options to subscribe for ordinary shares (Off-market
transaction) NATURE AND EXTENT OF INTEREST IN Direct beneficial THE TRANSACTION CLEARANCE OBTAINED Yes * The options will vest in 3 tranches of 25% on 1 June 2012, 35% on 1 June 2013 and 40% on 1 June 2014. Cape Town 31 August 2011 Sponsor PSG Capital Date: 31/08/2011 16:25:01 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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