EXX - Exxaro Resources Limited - Dealings in securities by directors of Exxaro
EXX
EXX
EXX - Exxaro Resources Limited - Dealings in securities by directors of Exxaro
and its major subsidiaries
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")
DEALINGS IN SECURITIES BY DIRECTORS OF EXXARO AND ITS MAJOR SUBSIDIARIES:
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 transactions in terms of the vesting of share awards granted
under the LTIP in 2007, Exxaro having met the relevant performance conditions.
The following directors dealt in the Company`s securities:
Name of director: Mr SA Nkosi
Nature of interest: Direct beneficial
Date of transaction: 9 March 2010
Nature of transaction: Vesting and sale of shares
Class of shares: Ordinary shares
Vesting price per share: 114.17 cents
Price per share: 116.135 cents
Number of shares: 38,682
Total value: R4,492,357.16 (less 40% tax)
Clearance to deal obtained: The required clearance per section
3.66 of the JSE Listings
Requirements was obtained
Name of director: Mr WA de Klerk
Nature of interest: Direct beneficial
Date of transaction: 9 March 2010
Nature of transaction: Vesting and sale of shares
Class of shares: Ordinary shares
Vesting price per share: 114.17 cents
Price per share: 116.256 cents
Number of shares: 19,334
Total value:
R2,247,702.37 (less 40% tax)
Clearance to deal obtained: The required clearance per section
3.66 of the JSE Listings
Requirements was obtained
Name of director: Mr PA Koppeschaar
Name of subsidiary: Exxaro Holdings (Pty) Ltd
Nature of interest: Direct beneficial
Date of transaction: 9 March 2010
Nature of transaction: Vesting and sale of shares
Class of shares: Ordinary shares
Vesting price per share: 114.17 cents
Price per share: 118.00 cents
Number of shares: 8,858
Total value: R1,045,254.28 (less 40% tax)
Clearance to deal obtained: The required clearance per section
3.66 of the JSE Listings
Requirements was obtained
Name of director: Mr IC Prinsloo
Name of subsidiary: Exxaro Holdings (Pty) Ltd
Nature of interest: Direct beneficial
Date of transaction: 9 March 2010
Nature of transaction: Vesting and sale of shares
Class of shares: Ordinary shares
Vesting price per share: 114.17 cents
Price per share: 119.55 cents
Number of shares: 5,004
Total value: R598,228.20 (less 40% tax)
Clearance to deal obtained: The required clearance per section
3.66 of the JSE Listings
Requirements was obtained
Name of director: Mr PE Venter
Name of subsidiary: Exxaro Coal (Pty) Ltd
Nature of interest: Direct beneficial
Date of transaction: 9 March 2010
Nature of transaction: Vesting and sale of shares
Class of shares: Ordinary shares
Vesting price per share: 114.17 cents
Price per share: 114.476 cents
Number of shares: 19,334
Total value: R2,213,288.09 (less 40% tax)
Clearance to deal obtained: The required clearance per section
3.66 of the JSE Listings
Requirements was obtained
Name of director: Mr L Groenewald
Name of subsidiary: Exxaro Coal (Pty) Ltd
Nature of interest: Direct beneficial
Date of transaction: 9 March 2010
Nature of transaction: Vesting and sale of shares
Class of shares: Ordinary shares
Vesting price per share: 114.17 cents
Price per share:
116.40 cents
Number of shares: 5,426
Total value: R631,586.40 (less 40% tax)
Clearance to deal obtained: The required clearance per section
3.66 of the JSE Listings
Requirements was obtained
Name of director: Mrs MS Viljoen (Company Secretary)
Nature of interest: Direct beneficial
Date of transaction: 9 March 2010
Nature of transaction: Vesting and sale of shares
Class of shares: Ordinary shares
Vesting price per share: 114.17 cents
Price per share: 117.51 cents
Number of shares: 5,334
Total value: R626,799.32 (less 40% tax)
Clearance to deal obtained: The required clearance per section
3.66 of the JSE Listings
Requirements was obtained
Name of director: Mr MDM Mgojo
Name of subsidiary: Exxaro Coal (Pty) Ltd
Nature of interest: Direct beneficial
Date of transaction: 9 March 2010
Nature of transaction: Vesting and sale of shares
Class of shares: Ordinary shares
Vesting price per share: 114.17 cents
Price per share: 119.50 cents
Number of shares: 18,346
Total value: R2,192,357.83 (less 40% tax)
Clearance to deal obtained: The required clearance per section
3.66 of the JSE Listings
Requirements was obtained
Name of director: Mr R Strydom
Name of subsidiary: Exxaro Holdings (Pty) Ltd
Nature of interest: Direct beneficial
Date of transaction: 9 March 2010
Nature of transaction: Vesting and sale of shares
Class of shares: Ordinary shares
Vesting price per share: 114.17 cents
Price per share:
116.117 cents
Number of shares: 8,332
Total value: R967,498.48 (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 17:39:01 Produced by the JSE SENS Department.
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