HOSKEN CONSOLIDATED INVESTMENTS LIMITED - Grant and acceptance of options to directors and officers

Grant and acceptance of options to directors and officers

HOSKEN CONSOLIDATED INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1973/007111/06)
(Share code: HCI & ISIN: ZAE000003257)

GRANT AND ACCEPTANCE OF OPTIONS TO DIRECTORS AND OFFICERS

In compliance with Rules 3.63 - 3.74 of the JSE Limited Listing Requirements
the following information regarding the granting and acceptance of options in
terms of the HCI Employee Share Scheme is disclosed:




Director                            :    Mr J A Copelyn
Designation                         :    Chief Executive Officer
Nature of transaction               :    Grant and acceptance of option, Off
market
Nature of Interest                  :    Direct, Beneficial
Class of Shares                     :    Ordinary shares
Date of grant of option             :    28 August 2018
Date of acceptance                   :    10 September 2018
Number of options                   :    250 224
Option strike price                 :    R117.78 (10% discount to the 20 day
VWAP)
Value of transaction                :    R 29 471 383
Vesting date of options             :    28 August 2021
Expiry date of options              :    28 February 2022


Director                            :    Mr T G Govender
Designation                         :    Financial Director
Nature of transaction               :    Grant and acceptance of option, Off
market
Nature of Interest                  :    Direct, Beneficial
Class of Shares                     :    Ordinary shares
Date of grant of option             :    28 August 2018
Date of acceptance                   :    10 September 2018
Number of options                   :    83 792
Option strike price                 :    R117.78 (10% discount to the 20 day
VWAP)
Value of transaction                :    R 9 869 022
Vesting date of options             :    28 August 2021
Expiry date of options              :    28 February 2022



Director                            :    Mr Y Shaik
Designation                         :    Executive Director
Nature of transaction               :    Grant and acceptance of option, Off
market
Nature of Interest                  :    Direct, Beneficial
Class of Shares                     :    Ordinary shares
Date of grant of option             :    28 August 2018
Date of acceptance                   :    10 September 2018
Number of options                   :    110 318
Option strike price                 :    R117.78 (10% discount to the 20 day
VWAP)
Value of transaction               :    R 12 993 254
Vesting date of options            :    28 August 2021
Expiry date of options             :    28 February 2022


Clearance                           :    Clearance in terms of par. 3.66 of
the JSE Listings Requirements was obtained.


Cape Town
11 September 2018
Sponsor: Investec Bank Limited

Date: 11/09/2018 07:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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