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EXXARO RESOURCES LIMITED - EXX: Share Transactions

Release Date: 25/03/2019 08:43
Code(s): EXX     PDF:  
 
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 the director of Exxaro and 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:                           20 March 2019
 DBP vesting date                               15 March 2019
 Vesting period:                                3 years
 VWAP on date of vesting                        R152.57
 Highest trading price of previous day          R168.88
 Lowest trading price of previous day           R161.47

 Name:                                          Mr MDM Mgojo
 Position:                                      Director: Exxaro Resources Limited
 Pledged shares vested, released and            5,799
 transferred to personal portfolio
 Strike price per pledged share                 R69.95
 Matching shares vested and sold                2,803
 Sale price per share                           R165.90
 Value of shares sold                           465,017.70
 Matching shares vested and transferred to      3,511
 personal portfolio


SE VAN LOGGERENBERG
GROUP COMPANY SECRETARY


25 March 2019




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

Date: 25/03/2019 08:43:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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