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ELB GROUP LIMITED - Dealing in securities by directors

Release Date: 07/10/2014 12:16
Code(s): ELR     PDF:  
Wrap Text
Dealing in securities by directors

ELB GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1930/002553/06)
ISIN: ZAE000035101
Share Code: ELR

DEALING IN SECURITIES BY DIRECTORS

In compliance with the JSE Limited Listings Requirements, the
following information is disclosed:

Director                     :   Mollo Victor Ramollo
Company                      :   ELB Group Limited
Date of transaction          :   6 October 2014
Nature of transaction        :   Off market exercise of options
                                 granted in terms of the ELB Share
                                 Incentive Scheme
Class of securities          :   Options in respect of ordinary shares
Number of options            :   15 000
Option strike price          :   1250 cents per share
Vesting                      :   Immediate upon exercise of options
Total value of transaction   :   R187 500,00
Nature of interest           :   Direct beneficial
Clearance obtained           :   Yes

Director                     :   Anthony Garth Fletcher
Company                      :   ELB Group Limited
Date of transaction          :   6 October 2014
Nature of transaction        :   On market sale of securities
Number of securities         :   1 000 000
Class of securities          :   Ordinary shares
Selling price                :   4700 cents per share
Total value of transaction   :   R47 000 000,00
Nature of interest           :   Indirect beneficial
Clearance obtained           :   Yes


Boksburg
7 October 2014

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

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