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KEL - Kelly Group Limited - Director`s dealings in securities

Release Date: 02/12/2011 12:50
Code(s): KEL
Wrap Text

KEL - Kelly Group Limited - Director`s dealings in securities KELLY GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number 1999/026249/06) Share code: KEL ISIN: ZAE000093373 DIRECTOR`S DEALINGS IN SECURITIES In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Director : GJ Tindall Company : Kelly Group Limited Date of transaction : 2 December 2011 Nature of transaction : Off-market acceptance of allocation of Share Appreciation Rights (SARs) made in terms of the Kelly Group Limited Share Appreciation Plan
Class of securities : SARs in respect of ordinary shares Number of SARs allocated : 1,000,000 Allocation price : R3.56 Periods of exercise and vesting : 1/3 on or after 2nd anniversary of allocation date 1/3 on or after 3rd anniversary of allocation date
Final 1/3 on or after 4th anniversary of allocation date Total value of transaction : R3,560,000 Director`s interest : Direct beneficial Clearance obtained : Yes Director : ME Monage Company : Kelly Group Limited Date of transaction : 2 December 2011 Nature of transaction : Off-market acceptance of allocation of Share Appreciation Rights (SARs) made in terms of the Kelly Group Limited Share Appreciation Plan
Class of securities : SARs in respect of ordinary shares Number of SARs allocated : 332,728 Allocation price : R3.56 Periods of exercise and vesting : 1/3 on or after 2nd anniversary of allocation date 1/3 on or after 3rd anniversary of allocation date
Final 1/3 on or after 4th anniversary of allocation date Total value of transaction : R1,184,511.68 Director`s interest : Direct beneficial Clearance obtained : Yes Director : F Pieterse Company : Kelly Group Limited Date of transaction : 2 December 2011 Nature of transaction : Off-market acceptance of allocation of Share Appreciation Rights (SARs) made in terms of the Kelly Group Limited Share Appreciation Plan Class of securities : SARs in respect of ordinary shares Number of SARs allocated : 400,000 Allocation price : R3.56 Periods of exercise and vesting : 1/3 on or after 2nd anniversary of allocation date 1/3 on or after 3rd anniversary of allocation date
Final 1/3 on or after 4th anniversary of allocation date Total value of transaction : R1,424,000 Director`s interest : Direct beneficial Clearance obtained : Yes Sandton 2 December 2011 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 02/12/2011 12:50:01 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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