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CONSOLIDATED INFRASTRUCTURE GRP LTD - Dealings in securities by directors of a major subsidiary of Consolidated Infrastructure

Release Date: 14/07/2014 11:30
Code(s): CIL     PDF:  
Wrap Text
Dealings in securities by directors of a major subsidiary of Consolidated Infrastructure

Consolidated Infrastructure Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 2007/004935/06)
JSE share code: CIL ISIN: ZAE000153888
(“Consolidated Infrastructure” or “the company”)


DEALINGS IN SECURITIES BY DIRECTORS OF A MAJOR SUBSIDIARY OF CONSOLIDATED INFRASTRUCTURE


Shareholders are advised of the exercise of share options in respect of Consolidated Infrastructure ordinary
shares, in terms of the CIG Share Incentive Trust, by directors of a major subsidiary of the company, on the basis
set out below:

Name of director:                                      David van Zyl
Name of subsidiary company:                            Consolidated Power Projects (Pty) Ltd
Transaction date:                                      11 July 2014
Class of securities:                                   Options in respect of ordinary shares
Number of options exercised:                           100 000
Option strike price:                                   R7.00
Total value:                                           R700 000.00
Nature of transaction:                                 Off-market exercise of share options
Nature and extent of director’s interest:              Direct beneficial
Clearance to deal received:                            Yes

Name of director:                                      Leon Heymans
Name of subsidiary company:                            Consolidated Power Projects (Pty) Ltd
Transaction date:                                      11 July 2014
Class of securities:                                   Options in respect of ordinary shares
Number of options exercised:                           50 000
Option strike price:                                   R7.00
Total value:                                           R350 000.00
Nature of transaction:                                 Off-market exercise of share options
Nature and extent of director’s interest:              Direct beneficial
Clearance to deal received:                            Yes

Name of director:                                      Leon Heymans
Name of subsidiary company:                            Consolidated Power Projects (Pty) Ltd
Transaction date:                                      11 July 2014
Class of securities:                                   Options in respect of ordinary shares
Number of options exercised:                           37 500
Option strike price:                                   R8.00
Total value:                                           R300 000.00
Nature of transaction:                                 Off-market exercise of share options
Nature and extent of director’s interest:              Direct beneficial
Clearance to deal received:                            Yes

14 July 2014


Sponsor

Java Capital

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