HOSKEN CONSOLIDATED INVESTMENTS LTD - Grant and acceptance of options to directors and officers

Grant and acceptance of options to directors and officers

HOSKEN CONSOLIDATED INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1973/007111/06)
(Share code: HCI & ISIN: ZAE000003257)


GRANT AND ACCEPTANCE OF OPTIONS TO DIRECTORS AND OFFICERS

In compliance with Rules 3.63 - 3.74 of the JSE Limited Listing Requirements
the following information regarding the granting and acceptance of options in
terms of the HCI Employee Share Scheme is disclosed:




Director                            :    Mr J A Copelyn
Designation                         :    Chief Executive Officer
Nature of transaction               :    Grant and acceptance of option, Off
                                         market
Nature of Interest                  :    Direct, Beneficial
Class of Shares                     :    Ordinary shares
Date of grant of option             :    27 August 2015
Date of acceptance                  :    23 September 2015
Number of options                   :    102 442
Option strike price                 :    R123.49 (10% discount to the 20 day
                                         VWAP)
Value of transaction                :    R 12 650 563
Vesting date of options             :    27 August 2018
Expiry date of options              :    27 November 2018


Director                            :    Mr T G Govender
Designation                         :    Financial Director
Nature of transaction               :    Grant and acceptance of option, Off
                                         market
Nature of Interest                  :    Direct, Beneficial
Class of Shares                     :    Ordinary shares
Date of grant of option             :    27 August 2015
Date of acceptance                  :    23 September 2015
Number of options                   :    11 384
Option strike price                 :    R123.49 (10% discount to the 20 day
                                         VWAP)
Value of transaction                :    R 1 405 810
Vesting date of options             :    27 August 2018
Expiry date of options              :    27 November 2018


Director                            :    Mr Y Shaik
Designation                         :    Executive Director
Nature of transaction               :    Grant and acceptance of option, Off
                                         market
Nature of Interest                  :    Direct, Beneficial
Class of Shares                     :    Ordinary shares
Date of grant of option             :    27 August 2015
Date of acceptance                  :    23 September 2015
Number of options                   :    7 354
Option strike price                 :    R123.49 (10% discount to the 20 day
                                         VWAP)
Value of transaction                :    R 908 145
Vesting date of options             :    27 August 2018
Expiry date of options              :    27 November 2018


Clearance                           :    Clearance in terms of par. 3.66 of
                                         the JSE Listings Requirements was obtained.


Cape Town
23 September 2015
Sponsor: Investec Bank Limited

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