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EXXARO RESOURCES LIMITED - EXX - Share Transactions

Release Date: 12/09/2019 11:10
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 a director of a major subsidiary of Exxaro Resources Limited 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:                           10 September 2019
 DBP vesting date                               31 August 2019
 Vesting period:                                3 years
 VWAP on date of vesting                        R135.11
 Highest trading price of previous day          R134.80
 Lowest trading price of previous day           R131.60

 Name:                                          Dr N Tsengwa
 Position:                                      Director: Exxaro Coal (Pty) Ltd
 Pledged shares vested, released and            403
 transferred to personal portfolio
 Strike price per pledged shares                R85.72
 Matching shares vested and sold                232
 Sale price per share                           R134.00
 Value of shares sold                           R31,088.00
 Matching shares vested and transferred to      234
 personal portfolio




SE VAN LOGGERENBERG
GROUP COMPANY SECRETARY

12 September 2019

Sponsor
Absa Bank Limited, acting through its corporate and investment bank division
Date: 12/09/2019 11:10:00
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