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AVI - AVI Limited - Dealing in AVI shares by a director of AVI

Release Date: 29/03/2012 10:40
Code(s): AVI
Wrap Text

AVI - AVI Limited - Dealing in AVI shares by a director of AVI AVI Limited (Registration Number 1944/017201/06) Share Code: AVI ISIN: ZAE000049433 ("AVI") DEALING IN AVI SHARES BY A DIRECTOR OF AVI In compliance with Rules 3.63 - 3.74 of the Listings Requirements of the JSE Limited ("the JSE"), the following information is disclosed: Director : Simon Crutchley Date of transaction : 27 March 2012 Price per unit : R46.34 Number of ordinary shares : 88 587 Aggregate consideration : R4 105 121.58 Class of securities : Ordinary shares Nature of transaction : Sale of ordinary shares in the market Extent of interest : Direct beneficial Clearance to deal in these shares was obtained in accordance with AVI`s policy with regard to director`s dealings as well as the Listings Requirements of the JSE. The above sale transaction was done on market. The sale related to vested options that were due to lapse on 31 March 2012. Simon Crutchley continues to hold 741 543 shares in his own name as well as 1 290 623 AVI Executive Share Options and 348 424 AVI Out-Performance Scheme options. Illovo Sandton 28 March 2012 Sponsor The Standard Bank of South Africa Limited Date: 29/03/2012 10:40:04 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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