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VUNANI LIMITED - Dealings In Securities By Directors

Release Date: 02/01/2013 15:40
Code(s): VUN     PDF:  
Wrap Text
Dealings In Securities By Directors

VUNANI LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/020641/06)
JSE code: VUN
ISIN: ZAE000163382
("Vunani" or "the company")

DEALINGS IN SECURITIES BY DIRECTORS AND DIRECTORS OF MAJOR SUBSIDIARIES

In compliance with paragraphs 3.63 to 3.64 of the Listings Requirements of
JSE Limited ("Listings Requirements"), the following dealings took place by
directors and directors of major subsidiaries of Vunani:

Name of director:              Aphrodite Judin (Executive director)
Date of original award:        28 December 2012
Type of transaction:           Acceptance of the offer of shares in terms
                               of the Vunani Share Incentive scheme
Nature of interest:            Direct
Number of ordinary shares:     142 507
Price:                         148 cents
Value of transaction:          R210 910.36

Name of director:              Butana Khoza (Executive director)
Date of original award:        28 December 2012
Type of transaction:           Acceptance of the offer of shares in terms
                               of the Vunani Share Incentive scheme
Nature of interest:            Direct
Number of ordinary shares:     232 231
Price:                         148 cents
Value of transaction:          R343 701.88

Name of director:               Ethan Dube (executive director)
Date of original award:         28 December 2012
Type of transaction:            Acceptance of the offer of shares in terms
                                of the Vunani Share Incentive scheme
Nature of interest:             Direct
Number of ordinary shares:      344 680
Price:                          148 cents
Value of transaction:           R510 126.40

Name of director:               Evelyn Chimombe- Munyoro (executive
director)
Date of original award:         28 December 2012
Type of transaction:            Acceptance of the offer of shares in terms
                                of the Vunani Share Incentive scheme
Nature of interest:             Direct
Number of ordinary shares:      155 084
Price:                          148 cents
Value of transaction:           R229 524.32

Name of director:               Mark Anderson
Position:                       Director of the Company
Date of original award:         28 December 2012
Type of transaction:            Acceptance of the offer of shares in terms
                                of the Vunani Share Incentive scheme
Nature of interest:             Direct
Number of ordinary shares:      220 009
Price:                          148 cents
Value of transaction:           R325 613.32
Name of director:                  Johan Rossouw
Position:                          Director of Vunani Securities Pty Ltd
Date of original award:            28 December 2012
Type of transaction:               Acceptance of the offer of shares in terms
                                   of the Vunani Share Incentive scheme
Nature of interest:                Direct
Number of ordinary shares:         139 450
Price:                             148 cents
Value of transaction:              R206 386.00


Clearance was obtained in terms of          paragraph   3.66   of   the   Listings
Requirements and dealing is off-market.

In terms of the Vunani Share Incentive scheme, once the shares are paid
for, participants will be entitled to the release thereof after expiry of a
period of:

*      1 year after   the Acceptance Date, in respect of 20& of the shares or
part
     thereof;
*     2 years after   the Acceptance Date, in respect of a further 25% of the
     shares or part   thereof;
*     3 years after   the Acceptance Date, in respect of a further 25% of the
     shares or part   thereof;
*     4 years after   the Acceptance Date, in respect of a further 30% of the
     shares, or the   balance thereof.

Sandton
2 January 2013

Designated Adviser
Grindrod Bank Limited

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