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KIO - Kumba Iron Ore Limited - Grant and acceptance of share options by

Release Date: 07/03/2012 14:10
Code(s): KIO
Wrap Text

KIO - Kumba Iron Ore Limited - Grant and acceptance of share options by directors, company secretary, and directors of a major subsidiary Kumba Iron Ore Limited A member of the Anglo American plc group (Incorporated in the Republic of South Africa) (Registration number 2005/015852/06) Share code: KIO ISIN: ZAE000085346 ("Kumba") GRANT AND ACCEPTANCE OF SHARE OPTIONS BY DIRECTORS, COMPANY SECRETARY, AND DIRECTORS OF A MAJOR SUBSIDIARY In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE Limited, the following information is disclosed: Director : Chris Griffith Company : Kumba Iron Ore Limited Grant date : 01 March 2012 Acceptance date : 07 March 2012 Nature of transaction : Off market grant and acceptance of bonus shares in terms of the Kumba bonus share plan ("BSP") Class of securities : Ordinary shares Number of bonus shares : 6,709 Price per share : R452.45 Value of transaction : R3,035,487.05 Vesting period : Bonus shares vest after three years in terms of the Kumba BSP Nature of interest : Direct beneficial Clearance obtained : Yes Director : Chris Griffith Company : Kumba Iron Ore Limited Grant date : 01 March 2012 Acceptance date : 07 March 2012 Nature of transaction : Off market grant and acceptance of Long Term Incentive Plan ("LTIP") options Class of securities : Ordinary shares Number of options : 8,870 Option strike price : R520.00 per share Value of transaction : R4,612,400.00 Vesting period : Share options vest after three years on certain performance criteria being met in terms of the Kumba LTIP
Nature of interest : Direct beneficial Clearance obtained : Yes Company Secretary : Vusani Malie Company : Kumba Iron Ore Limited Grant date : 01 March 2012 Acceptance date : 07 March 2012 Nature of transaction : Off market grant and acceptance of bonus shares in terms of the Kumba BSP
Class of securities : Ordinary shares Number of bonus shares : 2,776 Price per share : R452.45 Value of transaction : R1,256,001.20 Vesting period : Bonus shares vest after three years in terms of the Kumba BSP Nature of interest : Direct beneficial Clearance obtained : Yes DIRECTORS OF A MAJOR SUBSIDIARY Director : Christo Van Loggerenberg Company : Sishen Iron Ore Company (Pty) Ltd Grant date : 01 March 2012 Acceptance date : 07 March 2012 Nature of transaction : Off market grant and acceptance of bonus shares in terms of the Kumba BSP Class of securities : Ordinary shares Number of bonus shares : 5, 021 Price per share : R452.45 Value of transaction : R2,271,751.45 Vesting period : Bonus shares vest after three years in terms of the Kumba BSP Nature of interest : Direct beneficial Clearance obtained : Yes Director : Francois Louw Company : Sishen Iron Ore Company (Pty) Ltd Grant date : 01 March 2012 Acceptance date : 07 March 2012 Nature of transaction : Off market grant and acceptance of bonus shares in terms of the Kumba BSP Class of securities : Ordinary shares Number of bonus shares : 5,152 Price per share : R452.45 Value of transaction : R2,331,022.40 Vesting period : Bonus shares vest after three years in terms of the Kumba BSP Nature of interest : Direct beneficial Clearance obtained : Yes Director : Aart van den Brink Company : Sishen Iron Ore Company (Pty) Ltd Grant date : 01 March 2012 Acceptance date : 07 March 2012 Nature of transaction : Off market grant and acceptance of bonus shares in terms of the Kumba BSP Class of securities : Ordinary shares Number of bonus shares : 3,391 Price per share : R452.45 Value of transaction : R1,534,257.95 Vesting period : Bonus shares vest after three years in terms of the Kumba BSP Nature of interest : Direct beneficial Clearance obtained : Yes Director : Martin Poggiolini Company : Sishen Iron Ore Company (Pty) Ltd Grant date : 01 March 2012 Acceptance date : 07 March 2012 Nature of transaction : Off market grant and acceptance of bonus shares in terms of the Kumba BSP Class of securities : Ordinary shares Number of bonus shares : 3,424 Price per share : R452.45 Value of transaction : R1,549,188.80 Vesting period : Bonus shares vest after three years in terms of the Kumba BSP Nature of interest : Direct beneficial Clearance obtained : Yes 07 March 2012 For enquiries contact: Mr VF Malie Company Secretary Kumba Iron Ore Limited Tel: (012) 683 7060 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 07/03/2012 14:10:33 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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