ADR - Adcorp Holdings Limited - Directors Dealing In Securities

Release Date: 09/02/2012 17:00
Code(s): ADR
Wrap Text

ADR - Adcorp Holdings Limited - Directors Dealing In Securities Adcorp Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1974/001804/06) ("Adcorp") Share code: ADR ISIN: ZAE000000139 Director`s dealing in Adcorp securities In compliance with paragraphs 3.63 to 3.66 of the JSE Limited Listings Requirements, the following information is disclosed in respect of an off-market allocation of securities: Name of director: R L Pike Date of transaction: 8 February 2012 Nature of transaction: Exercise of Share Appreciation Rights and Performance shares Number of securities: 266 875 Type and class of securities: Ordinary shares Total value: R7 018 812.50 Nature of interest: Direct Beneficial Clearance received: Yes Instrument Quantity Allocate Conversion Period Vesting Strike Sale d Price into of date Price Price ordinary vesting shares Share 50 000 18.15 15 625 2 years 31 May 18.15 26.30 Appreciati 2007 on Rights Share 350 000 16.50 131 250 2 years 28 16.50 26.30 Appreciati February on Rights 2011 Performanc 120 000 16.50 120 000 2 years 28 16.50 26.30 e shares February 2011
Total 266 875 9 February 2012 Bryanston Sponsor Deloitte & Touche Sponsor Services (Pty) Ltd Date: 09/02/2012 17:00:02 Supplied by 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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