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ARI - African Rainbow Minerals Limited - Correction Announcement: Director`s

Release Date: 09/05/2012 17:00
Code(s): ARI
Wrap Text

ARI - African Rainbow Minerals Limited - Correction Announcement: Director`s dealings in ARM securities African Rainbow Minerals Limited (Incorporated in the Republic of South Africa) (Registration Number 1933/004580/06) JSE Share code: ARI ISIN: ZAE000054045 ("ARM") Correction Announcement: Director`s dealings in ARM securities Further to the announcement released by ARM on Monday, 7 May 2012 relating to director`s dealings, wherein the nature of the transaction was incorrectly stated, the corrected information has been set out below. In compliance with paragraph 3.63 - 3.66 of the Listings Requirements of the JSE Limited, we hereby advise the following dealings by a director in ARM securities: Name of director Lincoln Allison Shiels Category of director Executive Date of transaction 4 May 2012 Nature of transaction Exercise of share options and on-market sale of shares
Class of securities Ordinary shares Offer price 3 200 cents per option Options granted on 15 June 2005 and vested on 17 June 2008
Number of securities 50 000 Selling price per ordinary Average price of R180.11 per share (with a share low of R177.68 and a high of R182.60) Total value of transaction R9 005 470.00 Nature of interest Direct, beneficial Clearance to deal Yes Sandton 9 May 2012 Sponsor to ARM: Deutsche Securities (SA) (Proprietary) Limited Date: 09/05/2012 17:00:05 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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