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VIL - Village Main Reef Limited - Award and Acceptance of shares in terms of the

Release Date: 29/05/2012 15:49
Code(s): VIL
Wrap Text

VIL - Village Main Reef Limited - Award and Acceptance of shares in terms of the Village Main Reef Forfeitable Share Plan 2010 ("FSP") VILLAGE MAIN REEF LIMITED (formerly known as Village Main Reef Gold Mining Company (1934) Limited) (Registration number 1934/0057034/06) Share Code: VIL ISIN: ZAE000154761 ("Village") AWARD AND ACCEPTANCE OF SHARES IN TERMS OF THE VILLAGE MAIN REEF FORFEITABLE SHARE PLAN 2010 ("FSP") Shareholders are advised of the following information relating to the award and acceptance of shares as offered to directors in terms of the rules of the FSP. In terms of the rules of the FSP, the shares will be held by the Escrow Agent until the Vesting Date, as defined therein, subject to the terms and conditions of the FSP. Name of director: Bernard Swanepoel Transaction date: 29 May 2012 Class of securities: Ordinary shares Number of securities: 5 711 571 Price per security: R1.58 Total value: R9 024 282.18 Nature of transaction: Acceptance of shares offered in terms of the FSP Nature and extent of director`s interest: Direct beneficial Clearance to deal received: Yes Name of director: Marius Saaiman Transaction date: 29 May 2012 Class of securities: Ordinary shares Number of securities: 4 681 983 Price per security: R1.58 Total value: R7 397 533.14 Nature of transaction: Acceptance of shares offered in terms of the FSP Nature and extent of director`s interest: Direct beneficial Clearance to deal received: Yes Name of director: Dalu Ncube Transaction date: 29 May 2012 Class of securities: Ordinary shares Number of securities: 1 870 135 Price per security: R1.58 Total value: R2 954 813.30 Nature of transaction: Acceptance of shares offered in terms of the FSP Nature and extent of director`s interest: Direct beneficial Clearance to deal received: Yes
Name of director: Richard de Villiers Transaction date: 29 May 2012 Class of securities: Ordinary shares Number of securities: 2 205429 Price per security: R1.58 Total value: R3 484 577.82 Nature of transaction: Acceptance of shares offered in terms of the FSP
Nature and extent of director`s interest: Direct beneficial Clearance to deal received: Yes Name of director: Sandeep Gandhi Transaction date: 29 May 2012 Class of securities: Ordinary shares Number of securities: 918 014 Price per security: R1.58 Total value: R1 450 462.12 Nature of transaction: Acceptance of shares offered in terms of the FSP Nature and extent of director`s interest: Direct beneficial Clearance to deal received: Yes 29 May 2012 Sponsor Java Capital Date: 29/05/2012 15:49:02 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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