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TRE - Trencor Limited - Exercise of options and subsequent sale of shares by

Release Date: 16/11/2011 16:56
Code(s): TRE
Wrap Text

TRE - Trencor Limited - Exercise of options and subsequent sale of shares by director Trencor Limited (Incorporated in the Republic of South Africa) (Registration number: 1955/002869/06) ISIN: ZAE000007506 Share Code: TRE EXERCISE OF OPTIONS AND SUBSEQUENT SALE OF SHARES BY DIRECTOR In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Director: JE McQueen Company: Trencor Limited Date of transaction: 14 November 2011 Nature of transaction: Off market exercise of options Class of securities: Options in respect of ordinary shares Number of options exercised: 109 985 Option strike price: R12,10 Value of transaction: R1 252 628,30 Nature of interest: Indirect beneficial Clearance obtained: Yes
Date of transaction: 14 November 2011 Nature of transaction: On market sale of shares Class of securities: Ordinary shares Number of shares sold: 90 106 Selling price: 3500,14 cents per share Value of transaction: R3 153 836,15 Highest price: R35,50 Lowest price: R35,00 Date of transaction: 15 November 2011 Nature of transaction: On market sale of shares Class of securities: Ordinary shares Number of shares sold: 13 417 Selling price: 3513,81 cents per share Value of transaction: R471 447,89 Highest price: R35,51 Lowest price: R35,00 Date of transaction: 16 November 2011 Nature of transaction: On market sale of shares Class of securities: Ordinary shares Number of shares sold: 6 462 Selling price: 3500,00 cents per share Value of transaction: R226 170,00 Nature of interest: Indirect beneficial Clearance obtained: Yes Cape Town 16 November 2011 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 16/11/2011 16:56:20 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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