AFGRI LIMITED - Director's Dealings

Release Date: 12/11/2013 14:00
Code(s): AFR
 
Wrap Text
Director's Dealings

AFGRI Limited
(Incorporated in the Republic of South Africa)
Registration number: 1995/004030/06
ISIN: ZAE000040549
Share Code: AFR
(“AFGRI”)

AUTOMATIC VESTING OF ALLOCATED RETENTION SHARES IN TERMS OF THE AFGRI
EXECUTIVE SHARE AWARD SCHEME

In compliance with paragraphs 3.63 to 3.74 the JSE Limited Listings
Requirements (the “Listings Requirements”), the following information
is disclosed:

Director                          :   CP Venter
Company                           :   AFGRI LIMITED
Effective Date                    :   11 November 2013
Nature of transaction             :   vesting of allocated securities
                                  :   Off-market
Class of securities               :   Ordinary shares
Shares allocated in 2010
Number of shares                  :   53 344
Vesting price per share           :   R6.56
Total value                       :   R349 937
Shares allocated in 2011
Number of shares                  :   27 621
Vesting price per share           :   R5.06
Total value                       :   R139 762
Shares allocated in 2012
Number of shares                  :   57 822
Vesting price per share           :   R4.69
Total value                       :   R271 185
Nature of interest                :   Direct beneficial



Director                          :   GJ Geel
Company                           :   AFGRI LIMITED
Effective Date                    :   11 November 2013
Nature of transaction             :   vesting of allocated securities
                                  :   Off-market
Class of securities               :   Ordinary shares
Shares allocated in 2010
Number of shares                  :   10 367
Vesting price per share           :   R6.56
Total value                       :   R68 008
Shares allocated in 2011
Number of shares                  :   11 994
Vesting price per share           :   R5.06
Total value                       :   R60 690
Shares allocated in 2012
Number of shares                  :   13 709
Vesting price per share           :   R4.69
Total value                       :   R64 295
Nature of interest                :   Direct beneficial



Director                          :   PJP Badenhorst
Company                           :   AFGRI OPERATIONS LIMITED
Effective Date                    :   11 November 2013
Nature of transaction             :   vesting of allocated securities
                                  :   Off-market
Class of securities               :   Ordinary shares
Shares allocated in 2010
Number of shares                  :   8 224
Vesting price per share           :   R6.56
Total value                       :   R53 949
Shares allocated in 2011
Number of shares                  :   10 592
Vesting price per share           :   R5.06
Total value                       :   R53 596
Shares allocated in 2012
Number of shares                  :   14 584
Vesting price per share           :   R4.69
Total value                       :   R68 399
Nature of interest                :   Direct beneficial



Director                          :   MM Manyama
Company                           :   AFGRI OPERATIONS LIMITED
Effective Date                    :   11 November 2013
Nature of transaction             :   vesting of allocated securities
                                  :   Off-market
Class of securities               :   Ordinary shares
Shares allocated in 2010
Number of shares                  :   8 571
Vesting price per share           :   R6.56
Total value                       :   R56 226
Shares allocated in 2011
Number of shares                  :   11 224
Vesting price per share           :   R5.06
Total value                       :   R56 793
Shares allocated in 2012
Number of shares                  :   11 135
Vesting price per share           :   R4.69
Total value                       :   R52 223
Nature of interest                :   Direct beneficial

Shares sold to settle tax         :   10 128
                                  :   On-market
Price per share                   :   R6.52
Total value                       :   R66 035
Nature of interest                :   Direct beneficial



Centurion
12 November 2013

Sponsor
Investec Bank Limited

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