SENS
Director dealing in securities
3 March 2010
In terms of paragraphs 3.63 - 3.74 of the Listings Requirements of the JSE Limited shareholders are advised that the following information relating to the exercise of options by directors of the company is disclosed:
- Director: Mrs. L. Mogotsi (Executive Director, deputy Chairman)
- Date: 1 March 2010
- Price: 65 cents per share
- Number of shares: 4 400 000
- Class: Ordinary shares
- Nature: Exercise of options
- Total consideration: R2 860 000
- Extent of Directors' interest: direct and beneficial
- Extent of Directors' interest after the exercise of the options above:
- Direct: 12 849 900
- Indirect: 12 084 837 (non-beneficial)
- Director: Mr. J du Preez (CEO - Executive Director)
- Date: 1 March 2010
- Price: 65 cents per share
- Number of shares: 4 070 000
- Class: Ordinary shares
- Nature: Exercise of options
- Total consideration: R2 645 500
- Extent of Directors' interest: direct and beneficial
- Extent of Directors' interest after the exercise of the options above:
- Direct: 6 145 824
- Indirect: 9 688 141 (non-beneficial)
- Director: Mr. B. Doig (COO - Executive Director)
- Date: 1 March 2010
- Price: 65 cents per share
- Number of shares: 4 000 000
- Class: Ordinary shares
- Nature: Exercise of options
- Total consideration: R2 600 000
- Extent of Directors' interest: direct and beneficial.
- Extent of Directors' interest after the exercise of the options above:
- Direct: 14 702 223
- Indirect: 600 000
- Director: Mr. B. Tanner (CFO - Executive Director)
- Date: 1 March 2010
- Price: 65 cents per share
- Number of shares: 250 000
- Class: Ordinary shares
- Nature: Exercise of options
- Total consideration: R162 500
- Extent of Directors' interest: direct and beneficial.
- Extent of Directors' interest after the exercise of the options above:
- Direct: 1 682 985
- Indirect:-
Dawie Warmenhoven, who resigned as a director of the company on 28 February 2009, exercised 3 400 000 options at an exercise price of 65 cents per share.
Application has been made by Petmin for a further 16 120 000 ordinary shares to be admitted to trading on AIM. It is expected that these new ordinary shares, which rank pari passu in all respects with the existing ordinary shares, will be admitted to trading on 9 March 2010.
The options were awarded in terms of a share incentive scheme approved on 31 January 2006.
Clearance has been received in terms of rule 3.66 of the JSE`s Listings Requirements in respect of all the above transactions after confirmation was obtained from the JSE.
