Thursday 30th September, 2010
AEG<
>
AEG <
>
AEG - Aveng Limited - Directors dealing in securities <
>
AVENG LIMITED <
>
(Incorporated in the Republic of South Africa) <
>
(Registration number: 1944/018119/06) <
>
ISIN: ZAE000111829 <
>
SHARE CODE: AEG <
>
("The Aveng Group" or "Group") <
>
DIRECTORS DEALING IN SECURITIES <
>
In compliance with paragraphs 3.63 to 3.74 of the JSE Listings Requirements, the<
>
following information relating to the granting of share options to directors is <
>
disclosed: <
>
Name of Director WR Jardine <
>
Name of company of which he is a Aveng Limited <
>
director <
>
Date options granted 9 September 2010 <
>
Date options accepted 29 September 2010 <
>
Class of security Options over ordinary shares <
>
Number of options 216 084 <
>
Strike price 3770 cps <
>
Value of the grant R8 146 366.80 <
>
Vesting Period Over 4 years commencing 9 <
>
September 2012 <
>
Nature of Interest Direct beneficial <
>
Clearance obtained Yes <
><
>
Name of Director JJA Mashaba <
>
Name of company of which he is a Aveng Limited <
>
director <
>
Date options granted 9 September 2010 <
>
Date options accepted 29 September 2010 <
>
Class of security Options over ordinary shares <
>
Number of options 73 944 <
>
Strike price 3770 cps <
>
Value of the grant R2 787 688.80 <
>
Vesting Period Over 4 years commencing 9 <
>
September 2012 <
>
Nature of Interest Direct beneficial <
>
Clearance obtained Yes <
><
>
Name of Director DG Robinson <
>
Name of company of which he is a Aveng Limited <
>
director <
>
Date options granted 9 September 2010 <
>
Date options accepted 29 September 2010 <
>
Class of security Options over ordinary shares <
>
Number of options 66 597 <
>
Strike price 3770 cps <
>
Value of the grant R2 510 706.90 <
>
Vesting Period Over 4 years commencing 9 <
>
September 2012 <
>
Nature of Interest Direct beneficial <
>
Clearance obtained Yes <
><
>
Name of Director HJ Verster <
>
Name of company of which he is a Aveng Limited <
>
director <
>
Date options granted 9 September 2010 <
>
Date options accepted 29 September 2010 <
>
Class of security Options over ordinary shares <
>
Number of options 264 987 <
>
Strike price 3770 cps <
>
Value of the grant R9 990 009.90 <
>
Vesting Period Over 4 years commencing 9 <
>
September 2012 <
>
Nature of Interest Direct beneficial <
>
Clearance obtained Yes <
><
>
Name of company secretary KE Robinson <
>
Name of company Aveng Limited <
>
Date options granted 9 September 2010 <
>
Date options accepted 29 September 2010 <
>
Class of security Options over ordinary shares <
>
Number of options 50 398 <
>
Strike price 3770 cps <
>
Value of the grant R1 900 004.60 <
>
Vesting Period Over 4 years commencing 9 <
>
September 2012 <
>
Nature of Interest Direct beneficial <
>
Clearance obtained Yes <
>
The following information relating to the granting of share options to directors<
>
of major subsidiaries is disclosed: <
>
Name of Director RW Hissey <
>
Name of company of which he is a <
>
director Trident Steel Holdings (Pty) <
>
Limited <
>
Date options granted 9 September 2010 <
>
Date options accepted 29 September 2010 <
>
Class of security Options over ordinary shares <
>
Number of options 26 112 <
>
Strike price 3770 cps <
>
Value of the grant R984 422.40 <
>
Vesting Period Over 4 years commencing 9 <
>
September 2012 <
>
Nature of Interest Direct beneficial <
>
Clearance obtained Yes <
>
Name of Director GJJ Nel <
>
Name of company of which he is a Trident Steel Holdings (Pty) <
>
director Limited <
>
Date options granted 9 September 2010 <
>
Date options accepted 29 September 2010 <
>
Class of security Options over ordinary shares <
>
Number of options 18 468 <
>
Strike price 3770 cps <
>
Value of the grant R696 243.60 <
>
Vesting Period Over 4 years commencing 9 <
>
September 2012 <
>
Nature of Interest Direct beneficial <
>
Clearance obtained Yes <
><
>
Name of Director N Ntsunguzi <
>
Name of company of which she is a Trident Steel Holdings (Pty) <
>
director Limited <
>
Date options granted 9 September 2010 <
>
Date options accepted 29 September 2010 <
>
Class of security Options over ordinary shares <
>
Number of options 5735 <
>
Strike price 3770 cps <
>
Value of the grant R216 209.50 <
>
Vesting Period Over 4 years commencing 9 <
>
September 2012 <
>
Nature of Interest Direct beneficial <
>
Clearance obtained Yes <
><
>
Name of Director TT Terblanche <
>
Name of company of which he is a <
>
director Trident Steel Holdings (Pty) <
>
Limited <
>
Date options granted 9 September 2010 <
>
Date options accepted 29 September 2010 <
>
Class of security Options over ordinary shares <
>
Number of options 55 369 <
>
Strike price 3770 cps <
>
Value of the grant R2 087 411.30 <
>
Vesting Period Over 4 years commencing 9 <
>
September 2012 <
>
Nature of Interest Direct beneficial <
>
Clearance obtained Yes <
><
>
Name of Director CV Werner <
>
Name of company of which he is a <
>
director Trident Steel Holdings (Pty) <
>
Limited <
>
Date options granted 9 September 2010 <
>
Date options accepted 29 September 2010 <
>
Class of security Options over ordinary shares <
>
Number of options 16 873 <
>
Strike price 3770 cps <
>
Value of the grant R636 112.10 <
>
Vesting Period Over 4 years commencing 9 <
>
September 2012 <
>
Nature of Interest Direct beneficial <
>
Clearance obtained Yes <
><
>
Name of Director LS Letsoalo <
>
Name of company of which he is a <
>
director Aveng (Africa) Limited <
>
Date options granted 9 September 2010 <
>
Date options accepted 29 September 2010 <
>
Class of security Options over ordinary shares <
>
Number of options 66 313 <
>
Strike price 3770 cps <
>
Value of the grant R2 500 000.10 <
>
Vesting Period Over 4 years commencing 9 <
>
September 2012 <
>
Nature of Interest Direct beneficial <
>
Clearance obtained Yes <
><
>
Name of Director FP Saieva <
>
Name of company of which he is a <
>
director Aveng (Africa) Limited <
>
Date options granted 9 September 2010 <
>
Date options accepted 29 September 2010 <
>
Class of security Options over ordinary shares <
>
Number of options 75 385 <
>
Strike price 3770 cps <
>
Value of the grant R2 842 014.50 <
>
Vesting Period Over 4 years commencing 9 <
>
September 2012 <
>
Nature of Interest Direct beneficial <
>
Clearance obtained Yes <
><
>
Name of Director BW Wilmot <
>
Name of company of which he is a <
>
director Aveng (Africa) Limited <
>
Date options granted 9 September 2010 <
>
Date options accepted 29 September 2010 <
>
Class of security Options over ordinary shares <
>
Number of options 55 628 <
>
Strike price 3770 cps <
>
Value of the grant R2 097 175.60 <
>
Vesting Period Over 4 years commencing 9 <
>
September 2012 <
>
Nature of Interest Direct beneficial <
>
Clearance obtained Yes <
><
>
Name of Director D Morrison <
>
Name of company of which he is a McConnell Dowell Corporation <
>
director Limited <
>
Date options granted 9 September 2010 <
>
Date options accepted 29 September 2010 <
>
Class of security Options over ordinary shares <
>
Number of options 20 567 <
>
Strike price 3770 cps <
>
Value of the grant R775 375.90 <
>
Vesting Period Over 4 years commencing 9 <
>
September 2012 <
>
Nature of Interest Direct beneficial <
>
Clearance obtained Yes <
><
>
Name of Director CJD Hall <
>
Name of company of which he is a <
>
director McConnell Dowell Corporation Limited <
>
Date options granted 9 September 2010 <
>
Date options accepted 29 September 2010 <
>
Class of security Options over ordinary shares <
>
Number of options 20 567 <
>
Strike price 3770 cps <
>
Value of the grant R775 375.90 <
>
Vesting Period Over 4 years commencing 9 September <
>
2012 <
>
Nature of Interest Direct beneficial <
>
Clearance obtained Yes <
><
>
Name of Director M Twycross <
>
Name of company of which he is a <
>
director McConnell Dowell Corporation Limited <
>
Date options granted 9 September 2010 <
>
Date options accepted 29 September 2010 <
>
Class of security Options over ordinary shares <
>
Number of options 17 421 <
>
Strike price 3770 cps <
>
Value of the grant R656 771.70 <
>
Vesting Period Over 4 years commencing 9 September <
>
2012 <
>
Nature of Interest Direct beneficial <
>
Clearance obtained Yes <
><
>
Name of Director J Hearst <
>
Name of company of which he is a McConnell Dowell Corporation Limited <
>
director <
>
Date options granted 9 September 2010 <
>
Date options accepted 29 September 2010 <
>
Class of security Options over ordinary shares <
>
Number of options 17 685 <
>
Strike price 3770 cps <
>
Value of the grant R666 724.50 <
>
Vesting Period Over 4 years commencing 9 September <
>
2012 <
>
Nature of Interest Direct beneficial <
>
Clearance obtained Yes <
><
>
Name of Director D Logan <
>
Name of company of which he is a McConnell Dowell Corporation <
>
director Limited <
>
Date options granted 9 September 2010 <
>
Date options accepted 29 September 2010 <
>
Class of security Options over ordinary shares <
>
Number of options 11 629 <
>
Strike price 3770 cps <
>
Value of the grant R438 413.30 <
>
Vesting Period Over 4 years commencing 9 <
>
September 2012 <
>
Nature of Interest Direct beneficial <
>
Clearance obtained Yes <
><
>
Name of Director A Jenkins <
>
Name of company of which she is a McConnell Dowell Corporation <
>
director Limited <
>
Date options granted 9 September 2010 <
>
Date options accepted 29 September 2010 <
>
Class of security Options over ordinary shares <
>
Number of options 6 341 <
>
Strike price 3770 cps <
>
Value of the grant R239 055.70 <
>
Vesting Period Over 4 years commencing 9 <
>
September 2012 <
>
Nature of Interest Direct beneficial <
>
Clearance obtained Yes <
><
>
Name of Director G Jackson <
>
Name of company of which he is a McConnell Dowell Corporation <
>
director Limited <
>
Date options granted 9 September 2010 <
>
Date options accepted 29 September 2010 <
>
Class of security Options over ordinary shares <
>
Number of options 8 118 <
>
Strike price 3770 cps <
>
Value of the grant R306 048.60 <
>
Vesting Period Over 4 years commencing 9 <
>
September 2012 <
>
Nature of Interest Direct beneficial <
>
Clearance obtained Yes <
><
>
Sandton <
>
30 September 2010 <
>
Sponsor <
>
J.P. Morgan Equities Limited <
>
Date: 30/09/2010 17:24:56 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.<
>