EXXARO RESOURCES LIMITED – EXX – Share Transactions

2019/09/12 11:09:48
SENS announcement for JSE listed company: EXX
                        

EXX – Share Transactions:
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)

SHARE TRANSACTIONS

In terms of paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notice is hereby
given that a director of a major subsidiary of Exxaro Resources Limited exercised pledged and
matching awards vested and released in terms of the Deferred Bonus Plan Scheme (DBP
Scheme) and sold Exxaro ordinary shares, after having received clearance to do so in terms
of paragraph 3.66 of the JSE Limited Listings Requirements.

Class of shares: Ordinary
Nature of transaction: Exercise of pledged and matching
awards vested and released and an on-
market sale in terms of the DBP Scheme
Nature of interest: Direct Beneficial
Date of transaction: 10 September 2019
DBP vesting date 31 August 2019
Vesting period: 3 years
VWAP on date of vesting R135.11
Highest trading price of previous day R134.80
Lowest trading price of previous day R131.60

Name: Dr N Tsengwa
Position: Director: Exxaro Coal (Pty) Ltd
Pledged shares vested, released and 403
transferred to personal portfolio
Strike price per pledged shares R85.72
Matching shares vested and sold 232
Sale price per share R134.00
Value of shares sold R31,088.00
Matching shares vested and transferred to 234
personal portfolio

SE VAN LOGGERENBERG
GROUP COMPANY SECRETARY

12 September 2019

Sponsor
Absa Bank Limited, acting through its corporate and investment bank division
Date: 12/09/2019 11:10:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (‘JSE’).
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.

SHOP NEWSLETTERS TRENDING CPD HUB

Follow us:

Search Articles:Advanced Search
Click a Company: