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HOSKEN CONSOLIDATED INVESTMENTS LIMITED - Acquisition of HCI Shares by Directors Pursuant to the Exercise and Net Settlement of Share Options

Release Date: 19/02/2019 13:30
Code(s): HCI     PDF:  
 
Wrap Text
Acquisition of HCI Shares by Directors Pursuant to the Exercise and Net Settlement of Share Options

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

ACQUISITION OF HCI SHARES BY DIRECTORS PURSUANT TO THE EXERCISE AND NET
SETTLEMENT OF SHARE OPTIONS

In compliance with Rules 3.63 - 3.74 of the JSE Limited Listing
Requirements the following information regarding the off-market acquisition
of HCI shares by directors pursuant to the exercise and net settlement of
share options previously granted in terms of the HCI Employee Share Scheme
is disclosed:


Director                                :   Mr J A Copelyn
Designation                             :   Chief executive officer
Nature of transaction                   :   Off market acquisition of HCI
                                            shares pursuant to the exercise
                                            and net settlement of HCI share
                                            options previously granted
Class of securities                     :   Ordinary shares
Nature of interest                      :   Direct beneficial
Date of acquisition                     :   18 February 2019
Number of shares                        :   2 329
Purchase price per share                :   R119.20
Total value of transaction              :   R277 616.80


Director                                :   Mr T G Govender
Designation                             :   Financial director
Nature of transaction                   :   Off market acquisition of HCI
                                            shares pursuant to the exercise
                                            and net settlement of HCI share
                                            options previously granted
Class of securities                     :   Ordinary shares
Nature of interest                      :   Direct beneficial
Date of acquisition                     :   18 February 2019
Number of shares                        :   259
Purchase price per share                :   R119.20
Total value of transaction              :   R30 872.80


Director                                :   Mr Y Shaik
Designation                             :   Executive director
Nature of transaction                   :   Off market acquisition of HCI
                                            shares pursuant to the exercise
                                            and net settlement of HCI share
                                            options previously granted
Class of securities                     :   Ordinary shares
Nature of interest                      :   Direct beneficial
Date of acquisition                     :   18 February 2019
Number of shares                        :   167
Purchase price per share                :   R119.20
Total value of transaction              :   R19 906.40

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

Cape Town
19 February 2019
Sponsor: Investec Bank Limited

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