To view the PDF file, sign up for a MySharenet subscription.

OPT - Optimum Coal Holdings Limited - Dealings in securities by directors

Release Date: 05/12/2011 14:55
Code(s): OPT
Wrap Text

OPT - Optimum Coal Holdings Limited - Dealings in securities by directors OPTIMUM COAL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 2006/007799/06) Share code: OPT ISIN: ZAE000144663 Issuer code: OPT DEALINGS IN SECURITIES BY DIRECTORS In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Director : Mr PK Gain Company : Optimum Coal Holdings Limited Date of transaction : 5 December 2011 Nature of transaction : On market sale of securities Number of securities : 2 400 000 Class of securities : Ordinary shares Selling price : R38.00 Total value of transaction : R91 200 000 Nature of interest : Direct beneficial Clearance obtained : Yes Director : Mr TI Borman Company : Optimum Coal Holdings Limited Date of transaction : 5 December 2011 Nature of transaction : On market sale of securities Number of securities : 2 600 000 Class of securities : Ordinary shares Selling price : R38.00 Total value of transaction : R98 800 000 Nature of interest : Direct beneficial Clearance obtained : Yes Director : Mr DR Gain Company : Optimum Coal Holdings Limited Date of transaction : 5 December 2011 Nature of transaction : On market sale of securities Number of securities : 505 000 Class of securities : Ordinary shares Selling price : R38.00 Total value of transaction : R19 190 000 Nature of interest : Direct beneficial Clearance obtained : Yes Director : Mr DR Gain Company : Optimum Coal Holdings Limited Date of transaction : 5 December 2011 Nature of transaction : Off market exercise of options and subsequent off market sale upon vesting thereof, in terms of the Optimum Executive Share Incentive Trust Number of securities exercised and sold : 333 333 Class of securities : Options in respect of ordinary shares Option strike price : R11.60 Selling price : R38.00 Total value of sale : R12 666 654.00 Nature of interest : Direct beneficial Clearance obtained : Yes www.optimumcoal.com 5 December 2011 Johannesburg Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Financial Communications Advisers COLLEGE HILL Date: 05/12/2011 14:55:06 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.

Share This Story