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KUMBA IRON ORE LIMITED - Exercise of options and subsequent sale of shares by directors of a major subsidiary of Kumba

Release Date: 05/03/2014 16:30
Code(s): KIO     PDF:  
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Exercise of options and subsequent sale of shares by directors of a major subsidiary of Kumba

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")

EXERCISE OF OPTIONS AND SUBSEQUENT SALE OF SHARES BY DIRECTORS OF A
MAJOR SUBSIDIARY OF KUMBA

In terms of paragraphs 3.63 - 3.65 of the Listings Requirements of
the JSE Limited, the following information is disclosed:


Director                  :   Billy Mawasha
Company                   :   Sishen Iron Ore Company (Pty) Ltd
Vesting date              :   01 March 2014
Date of transaction       :   03 March 2014
Nature of transaction     :   Off market exercise of bonus shares in
                              terms of the Kumba Bonus Share Plan
Class of securities       :   Ordinary shares
Number of bonus shares    :   3,018
Price per share           :   R439.00
Value of transaction      :   R1,324,902.00
Nature of interest        :   Direct beneficial
Clearance obtained        :   Yes

Date of transaction       :   03 March 2014
Nature of transaction     :   On market sale of shares
Class of securities       :   Ordinary shares
Number of shares sold     :   1,267
Selling price             :   R437.26
Value of transaction      :   R554,008.42
Nature of interest        :   Direct beneficial
Clearance obtained        :   Yes


Director                  :   Francois Louw
Company                   :   Sishen Iron Ore Company (Pty) Ltd
Vesting date              :   01 March 2014
Date of transaction       :   03 March 2014
Nature of transaction     :   Off market exercise of bonus shares in
                              terms of the Kumba Bonus Share Plan
Class of securities       :   Ordinary shares
Number of bonus shares    :   4,652
Price per share           :   R439.82
Value of transaction      :   R2,046,042.64
Nature of interest        :   Direct beneficial
Clearance obtained        :   Yes
Date of transaction       :   03 March 2014
Nature of transaction     :   On market sale of shares
Class of securities       :   Ordinary shares
Number of shares sold     :   4,652
Selling price             :   R435.36
Value of transaction      :   R2,025,294.72
Nature of interest        :   Direct beneficial
Clearance obtained        :   Yes


Director                  :   Aart van den Brink
Company                   :   Sishen Iron Ore Company (Pty) Ltd
Vesting date              :   01 March 2014
Date of transaction       :   03 March 2014
Nature of transaction     :   Off market exercise of bonus shares in
                               terms of the Kumba Bonus Share Plan
Class of securities       :   Ordinary shares
Number of bonus shares    :   2,996
Price per share           :   R439.82
Value of transaction      :   R1,317,700.72
Nature of interest        :   Direct beneficial
Clearance obtained        :   Yes

Date of transaction       :   03 March 2014
Nature of transaction     :   On market sale of shares
Class of securities       :   Ordinary shares
Number of shares sold     :   1,258
Selling price             :   R435.36
Value of transaction      :   R547,682.88
Nature of interest        :   Direct beneficial
Clearance obtained        :   Yes



Centurion
05 March 2014

For enquiries contact:
Kevin Lester
Acting Company Secretary
Kumba Iron Ore Limited
Tel: (012) 683 7000

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)


 

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