EXX - Exxaro Resources Limited - Dealing in securities by a director of a major
EXX
EXX
EXX - Exxaro Resources Limited - Dealing in securities by a director of a major
Exxaro subsidiary
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")
DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR EXXARO SUBSIDIARY: AUTOMATIC
VESTING OF SHARES IN TERMS OF THE EXXARO LONG TERM INCENTIVE PLAN (LTIP)
In compliance with
section 3.63 to 3.66 of the JSE Listings Requirements, notice
is hereby given of a transaction in terms of the vesting of share awards granted
under the LTIP in 2007, Exxaro having met the relevant performance conditions.
The following director dealt in the Company`s securities:
Name of director: Mr PT Arran
Name of subsidiary: Exxaro Australia Sands (Pty) Ltd
Nature of interest: Direct beneficial
Date of transaction: 9 March 2010
Nature of transaction: Vesting of shares
Class of shares: Ordinary shares
Vesting price per share: 114.17 cents
Number of shares: 10,192
Total value: R1,163,620.64
(less 40% tax)
Clearance to deal obtained: The required clearance per section
3.66 of the JSE Listings
Requirements was obtained
Pretoria
11 March 2010
For enquiries contact
MS VILJOEN
COMPANY SECRETARY
012 307 5000
Sponsor
Deutsche Securities (SA) (Pty) Ltd
Date: 11/03/2010 17:38:01 Produced by the JSE SENS Department.
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