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ASTRAL FOODS LIMITED - Director's dealings in securities

Release Date: 10/07/2014 15:32
Code(s): ARL     PDF:  
Wrap Text
Director's dealings in securities

ASTRAL FOODS LIMITED
“Astral Foods”
(Reg. No. 1978/003194/06))
(Incorporated in the Republic of South Africa)
Share Code: ARL
ISIN Code: ZAE000029757

DIRECTOR’S DEALING IN SECURITIES

NOTICE OF SHAREDEALINGS LODGED WITH THE JSE LIMITED IN TERMS OF
LISTINGS REQUIREMENTS PARAGRAPH 3.63 TO 3.74

Name of company:                     Astral Foods Limited
Name of director:                    D D Ferreira
Designation:                         Chief Financial Officer
Number of shares sold:               14 600
Class of shares sold:                Ordinary shares
Shares sold at:                      Average price – R135.2824
                                     High price – R135.5074
                                     Low price – R135.2594
Value of shares sold:                R1 975 123.04

Option exercise price:               R122.00

Date of shares sold:                 10 July 2014

Nature of transaction:               Off market exercise of share options
                                     which were granted in 2007 and due
                                     to expire on 28 August 2014, in
                                     terms of employee share option
                                     scheme and on market sale of shares

Nature of interest:                  Direct beneficial interest being the
                                     sale of shares granted in terms of
                                     the employee share option scheme

Clearance to deal:                   This was obtained in advance in
                                     accordance with JSE Listings
                                     Requirements – paragraph 3.66.

Pretoria
10 July 2014

Sponsor
JP Morgan Equities South Africa (Pty) Limited

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