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HOSKEN CONSOLIDATED INVESTMENTS LTD - Exercise of Options by Directors

Release Date: 12/07/2013 15:55
Code(s): HCI     PDF:  
Wrap Text
Exercise of Options by Directors

HOSKEN CONSOLIDATED INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1973/007111/06)
(Share code: HCI & ISIN: ZAE000003257)

EXERCISE OF OPTIONS BY DIRECTORS

In compliance with Rules 3.63 - 3.74 of the JSE Limited Listing
Requirements the following information regarding the off-market exercise of
share options in terms of the HCI Employee Share Trust (2001) is disclosed:

Director                           :    Mr J A Copelyn
Designation                        :    Chief Executive Officer
Nature of transaction              :    Exercise of options
Class of securities                :    Ordinary shares
Date of grant of options           :    17 June 2010
Date of vesting of options         :    17 June 2013
Date of exercise of options        :    11 July 2013
Number of options exercised        :    145 565
Option strike price                :    R71.52
Total value of transaction         :    R10 410 808.80


Director                           :    Mr M J A Golding
Designation                        :    Executive Chairman
Nature of transaction              :    Exercise of options
Class of securities                :    Ordinary shares
Date of grant of options           :    17 June 2010
Date of vesting of options         :    17 June 2013
Date of exercise of options        :    11 July 2013
Number of options exercised        :    145 565
Option strike price                :    R71.52
Total value of transaction         :    R10 410 808.80


Director                           :    Mr T G Govender
Designation                        :    Financial Director
Nature of transaction              :    Exercise of options
Class of securities                :    Ordinary shares
Date of grant of options           :    17 June 2010
Date of vesting of options         :    17 June 2013
Date of exercise of options        :    11 July 2013
Number of options exercised        :    55 695
Option strike price                :    R71.52
Total value of transaction         :    R3 983 306.40

Clearance                          :    Clearance in terms of par. 3.66 of
the JSE Listings Requirements was obtained.

Cape Town
12 July 2013
Sponsor: Investec Bank Limited

Date: 12/07/2013 03:55:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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