EXXARO RESOURCES LIMITED - EXX - Share Transactions

Release Date: 28/05/2018 12:02
Code(s): EXX
 
Wrap Text
EXX - Share Transactions

EXXARO RESOURCES LIMITED
Incorporated in the Republic of South Africa
(Registration Number: 2000/011076/06)
JSE share code: EXX
ISIN code: ZAE000084992
ADR code: EXXAY
(Exxaro)

SHARE TRANSACTIONS

In terms of paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notice is hereby
given that a director of one of Exxaro’s major subsidiaries received and accepted conditional
awards granted in terms of the Long-Term Incentive Plan scheme (LTIP scheme), after having
received clearance to do so in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.

 LTIP performance period:                  The vesting of the LTIP awards is conditional
                                           upon the achievement of group performance
                                           targets of a period of 3 years (01/04/2018 to
                                           01/04/2021)
 Class of shares:                          Ordinary
 Nature of interest:                       Direct Beneficial
 Offer price:                              R0
 Date of transaction:                      25 May 2018
 Vesting period:                           3 years

 Name:                                     N Tsengwa
 Position:                                 Director: Exxaro Coal Proprietary Limited
 LTIP award:                               55 441
 Deemed value based on VWAP of             R5 900 585.63
 R106.43 per share on 29 March 2018

SE VAN LOGGERENBERG
GROUP COMPANY SECRETARY

28 May 2018

Sponsor to Exxaro:
Absa Corporate and Investment Bank, a division of Absa Bank Limited

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