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INTERWASTE HOLDINGS LIMITED - Disclosure of exercise of options in ohe Interwaste Holdings Share Option Scheme

Release Date: 20/06/2016 17:14
Code(s): IWE     PDF:  
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Disclosure of exercise of options in ohe Interwaste Holdings Share Option Scheme

INTERWASTE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2006/037223/06)
JSE code: IWE   ISN: ZAE000097903
(“Interwaste Holdings” or “the company”)

DISCLOSURE OF EXERCISE OF OPTIONS IN THE INTERWASTE HOLDINGS SHARE
OPTION SCHEME

In terms of paragraphs 3.63 to 3.70 of the JSE Limited Listings
Requirements, the following information relating to transactions in
Interwaste Holdings shares in respect of directors of the company
and directors of a major subsidiary company are disclosed:

Name of director:               A.P Broodryk (executive director)
Date of Transaction:            16 June 2016
Nature of Transaction:          Exercise of options
Number of Shares:               800 000
Strike Price:                   45c per share
Value of transaction:           R360 000
Class of securities:            Ordinary shares
Nature of Interest:             Direct beneficial
Where traded:                   Off market
Clearance to deal obtained:     Yes


Name of director:               A.P Broodryk (executive director)
Date of Transaction:            16 June 2016
Nature of Transaction:          Exercise of options
Number of Shares:               100 000
Strike Price:                   50c per share
Value of transaction:           R50 000
Class of securities:            Ordinary shares
Nature of Interest:             Direct beneficial
Where traded:                   Off market
Clearance to deal obtained:     Yes


Name of director:               L.C Grobbelaar (executive director)
Date of Transaction:            16 June 2016
Nature of Transaction:          Exercise of options
Number of Shares:               100 000
Strike Price:                   50c per share
Value of transaction:           R50 000
Class of securities:            Ordinary shares
Nature of Interest:             Direct beneficial
Where traded:                   Off market
Clearance to deal obtained:     Yes


Name of director:               J McNeil (director of major
                                subsidiary)
Date of Transaction:            16 June 2016
Nature of Transaction:          Exercise of options
Number of Shares:             100 000
Strike Price:                 50c per share
Value of transaction:         R50 000
Class of securities:          Ordinary shares
Nature of Interest:           Direct beneficial
Where traded:                 Off market
Clearance to deal obtained:   Yes


Name of director:             R Pillay (director of major
                              subsidiary)
Date of Transaction:          16 June 2016
Nature of Transaction:        Exercise of options
Number of Shares:             60 000
Strike Price:                 50c per share
Value of transaction:         R30 000
Class of securities:          Ordinary shares
Nature of Interest:           Direct beneficial
Where traded:                 Off market
Clearance to deal obtained:   Yes


Johannesburg
20 June 2016

Designated Adviser
Grindrod Bank

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