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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 : Norman Mbazima
Company : Kumba Iron Ore Limited
Grant date : 08 March 2013
Acceptance date : 08 March 2013
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 : 7,488
Price per share : R550.68
Value of transaction : R4,123,491.84
Vesting period : Bonus shares vest after three years in
terms of the Kumba BSP
Nature of interest : Direct beneficial
Clearance obtained : Yes
Director : Norman Mbazima
Company : Kumba Iron Ore Limited
Grant date : 01 March 2013
Acceptance date : 08 March 2013
Nature of transaction : Off market grant and acceptance of Long
Term Incentive Plan (“LTIP”) options
Class of securities : Ordinary shares
Number of options : 19,874
Option strike price : R550.68 per share
Value of transaction : R10,944,214.32
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
Director : Frikkie Kotzee
Company : Kumba Iron Ore Limited
Grant date : 01 March 2013
Acceptance date : 08 March 2013
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 : 1,817
Price per share : R550.68
Value of transaction : R1,011,170.56
Vesting period : Bonus shares vest after three years in
terms of the Kumba BSP
Nature of interest : Direct beneficial
Clearance obtained : Yes
Director : Frikkie Kotzee
Company : Kumba Iron Ore Limited
Grant date : 01 March 2013
Acceptance date : 08 March 2013
Nature of transaction : Off market grant and acceptance of Long
Term Incentive Plan (“LTIP”) options
Class of securities : Ordinary shares
Number of options : 6,002
Option strike price : R550.68 per share
Value of transaction : R3,305,181.36
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 2013
Acceptance date : 08 March 2032
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 : 2,486
Price per share : R550.68
Value of transaction : R1,368,990.48
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 2013
Acceptance date : 08 March 2013
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 : 4,718
Price per share : R550.68
Value of transaction : R2,598,108.24
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 2013
Acceptance date : 08 March 2013
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 : 4,693
Price per share : R550.68
Value of transaction : R2,584,341.24
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 2013
Acceptance date : 08 March 2013
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 : 3,652
Price per share : R550.68
Value of transaction : R2,011,083.36
Vesting period : Bonus shares vest after three years in
terms of the Kumba BSP
Nature of interest : Direct beneficial
Clearance obtained : Yes
11 March 2013
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: 11/03/2013 10:16:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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