HOSKEN CONSOLIDATED INVESTMENTS LIMITED - 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             :    26 September 2016
Date of acceptance                  :    30 September 2016
Number of options                   :    123 956
Option strike price                 :    R117.03 (10% discount to the 20 day
VWAP)
Value of transaction                :    R 14 506 571
Vesting date of options             :    26 September 2019
Expiry date of options              :    26 March 2020


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             :    26 September 2016
Date of acceptance                  :    30 September 2016
Number of options                   :    78 692
Option strike price                 :    R117.03 (10% discount to the 20 day
VWAP)
Value of transaction                :    R 9 209 325
Vesting date of options             :    26 September 2019
Expiry date of options              :    26 March 2020



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             :    26 September 2016
Date of acceptance                  :    30 September 2016
Number of options                   :    8 369
Option strike price                 :    R117.03 (10% discount to the 20 day
VWAP)
Value of transaction                :    R 979 424
Vesting date of options             :    26 September 2019
Expiry date of options              :    26 March 2020


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


Cape Town
30 September 2016
Sponsor: Investec Bank Limited

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