Close

Not a member yet? Register now and get started.

lock and key

Sign in to your account.

Account Login

Forgot your password?

EXERCISE OF OPTIONS BY DIRECTORS

In compliance with Rules 3.63 – 3.74 of the JSE Limited Listing Requirements the following information regarding the off-market exercise of share options in terms of the HCI Employee Share Trust (2001) is disclosed:

Director
Designation
Nature of transaction
Class of securities
Date of grant of options
Date of vesting of options
Date of exercise of options
Number of options exercised
Option strike price
Total value of transaction

: Mr J A Copelyn
: Chief Executive Officer
: Exercise of options
: Ordinary shares
: 17 June 2010
: 17 June 2013
: 11 July 2013
: 145 565
: R71.52
: R10 410 808.80

Director
Designation
Nature of transaction
Class of securities
Date of grant of options
Date of vesting of options
Date of exercise of options
Number of options exercised
Option strike price
Total value of transaction

: Mr M J A Golding
: Executive Chairman
: Exercise of options
: Ordinary shares
: 17 June 2010
: 17 June 2013
: 11 July 2013
: 145 565
: R71.52
: R10 410 808.80

Director
Designation
Nature of transaction
Class of securities
Date of grant of options
Date of vesting of options
Date of exercise of options
Number of options exercised
Option strike price
Total value of transaction

: Mr T G Govender
: Financial Director
: Exercise of options
: Ordinary shares
: 17 June 2010
: 17 June 2013
: 11 July 2013
: 55 695
: R71.52
: R3 983 306.40

Clearance

: Clearance in terms of par. 3.66 of the JSE Listings Requirements was obtained.