- March 31, 2015
- Posted by: admin
- Category: SENS Announcements
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 : 18 March 2015
Date of acceptance : 31 March 2015
Number of options : 72 864
Option strike price : R135.99 (10% discount to the 20 day VWAP)
Value of transaction : R 9 908 775
Vesting date of options : 18 March 2018
Expiry date of options : 18 June 2018
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 : 18 March 2015
Date of acceptance : 31 March 2015
Number of options : 27 879
Option strike price : R135.99 (10% discount to the 20 day VWAP)
Value of transaction : R 3 791 265
Vesting date of options : 18 March 2018
Expiry date of options : 18 June 2018
Clearance : Clearance in terms of par. 3.66 of
the JSE Listings Requirements was obtained.