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ARCELORMITTAL SOUTH AFRICA LIMITED - Acceptance Of Allocation Of Shares

Release Date: 20/05/2015 09:00
Code(s): ACL     PDF:  
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Acceptance Of Allocation Of Shares

ArcelorMittal South Africa Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1989/002164/06)
Share code: ACL
ISIN: ZAE000134961
(“ArcelorMittal South Africa")


Acceptance Of Allocation Of Shares

The following information is disclosed in compliance with paragraphs 3.63 to 3.65 of the Listings
Requirements of the JSE Limited (“Listings Requirements”).

Name of Director                                    Mr Paul O’Flaherty
Name of Company                                     ArcelorMittal South Africa
Position held                                       Chief Executive Officer
Grant date                                          18 May 2015
Acceptance date                                     19 May 2015
Nature of transaction                               Off market acceptance of the allocation of shares
                                                    in terms of the ArcelorMittal South Africa Long
                                                    Term Incentive Plan
Number of securities                                330 801
Type of securities                                  Ordinary shares
Value per Share on acceptance                       R18.95
Total market value                                  R6 268 678.95
Period of vesting                                   3 years
Date of vesting                                     18 May 2018
Nature and extent of Director’s interest in
transaction                                         Direct beneficial


Name of Director                                    Mr Mohamed Adam
Name of Company                                     ArcelorMittal South Africa
Position held                                       Acting Company Secretary
Grant date                                          18 May 2015
Acceptance date                                     19 May 2015
Nature of transaction                               Off market acceptance of the allocation of shares
                                                    in terms of the ArcelorMittal South Africa Long
                                                    Term Incentive Plan
Number of securities                                147 387
Type of securities                                Ordinary shares
Value per Share on acceptance                     R18.95
Total market value                                R2 792 983.65
Period of vesting                                 3 years
Date of vesting                                   18 May 2018
Nature and extent of Director’s interest in
transaction                                       Direct beneficial



Clearance in terms of paragraph of 3.66 of the Listings Requirements was obtained from the
Remuneration, Social and Ethics Committee.

20 May 2015


Sponsor to ArcelorMittal South Africa Limited
J.P. Morgan Equities South Africa Pty Ltd


For further information please contact:

Kesebone Maema
Manager: Corporate Communications, Corporate Affairs
Tel: (016) 889 2425

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