Dealings in securities by director
In compliance with paragraphs 3.63 to 3.66 of the Johannesburg Stock Exchange (JSE) Listings Requirements, Northam advises its shareholders of the following dealing by a director of the company:
Name of director: | G T Lewis |
Date: | 18 October 2013 |
Nature of transaction: | Exercise of options, paid out as Appreciation Cash, in terms of the Northam Share Option Scheme. Mr Lewis is required to exercise these options, on or before 22 October 2013, failing which they will lapse. |
Class of Securities: | Appreciation Cash in respect of ordinary shares. |
Number of options | 187 500 |
Price at which options were granted | R38.45 |
Price at which options were exercised | R42.31 |
Value of transaction | R723 750.00 |
Nature and extent of director’s interest | Direct beneficial |
Transaction completed on market: | No |
Clearance obtained | Yes |
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