EXXARO RESOURCES LIMITED - EXX - Share Transactions

Release Date: 12/09/2018 15:32
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 Exxaro’s major subsidiaries exercised pledged and matching awards
vested and released in terms of the Deferred Bonus Plan scheme (DBP scheme) and sold
Exxaro ordinary shares, after having received clearance to do so in terms of paragraph 3.66
of the JSE Limited Listings Requirements.

 Class of shares:                               Ordinary
 Nature of transaction:                         Exercise of pledged and matching
                                                awards vested and released and an
                                                on-market sale in terms of the DBP
                                                scheme
 Nature of interest:                            Direct beneficial
 Date of transaction:                           12 September 2018
 DBP vesting date                               31 August 2018
 Vesting period:                                3 years
 VWAP on date of vesting                        R149.94
 Highest trading price of previous day          R152.40
 Lowest trading price of previous day           R142.99

 Name:                                          MR Walker
 Position:                                      Director: Exxaro Coal Proprietary Limited
                                                and Exxaro International Trading AG
 Pledged shares vested, released and            366
 transferred to personal portfolio
 Strike price per pledged share                 R54.80
 Matching shares vested and transferred to      203
 personal portfolio
 Matching shares vested and sold                196
 Sale price per share                           147.10
 Value of shares sold                           R28 831.60


12 September 2018

SE VAN LOGGERENBERG
GROUP COMPANY SECRETARY AND LEGAL




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

Date: 12/09/2018 03:32:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Email this JSE Sens Item to a Friend.

Share This Story