DIRECTORS’ EQUITY-SETTLED INSTRUMENTS
The directors held the following equity-settled instruments at 31 December 2010:
| |
Number |
Average
strike price |
Average
exercise price |
|
 |
|
|
|
|
| Marius Lodewucus Heyns |
|
|
|
|
| Equity-settled instruments at 1 January 2010 |
380 000 |
13,95 |
– |
|
| Equity-settled instruments granted during the year |
– |
– |
– |
|
| Equity-settled instruments exercised during the year |
– |
– |
– |
|
| Equity-settled instruments at 31 December 2010 |
380 000 |
13,95 |
|
|
| 315 000 of these options had vested by 31 December 2010 with the balance vesting over a period of two years. |
|
|
|
|
|
|
| Manuel Donnell Grota Gouveia |
|
|
|
|
| Equity-settled instruments at 1 January 2010 |
105 000 |
13,95 |
– |
|
| Equity-settled instruments granted during the year |
– |
– |
– |
|
| Equity-settled instruments exercised during the year |
– |
– |
– |
|
| Equity-settled instruments at 31 December 2010 |
105 000 |
13,95 |
|
|
|
|
| 82 500 of these options had vested by 31 December 2010 with the balance vesting over a period of two years. |
|
The directors held the following equity-settled instruments at 31 December 2009:
| |
Number |
Average
strike price |
Average
exercise price |
|
|
|
|
|
|
| Marius Lodewucus Heyns |
|
|
|
|
| Equity-settled instruments at 1 January 2009 |
250 000 |
13,95 |
– |
|
| Equity-settled instruments granted during the year |
130 000 |
13,95 |
– |
|
| Equity-settled instruments exercised during the year |
– |
– |
– |
|
| Equity-settled instruments at 31 December 2009 |
380 000 |
13,95 |
|
|
| 187 500 of these options had vested by 31 December 2009 with the balance vesting over a period of three years. |
|
|
|
|
|
|
| Manuel Donnell Grota Gouveia |
|
|
|
|
| Equity-settled instruments at 1 January 2009 |
60 000 |
13,95 |
– |
|
| Equity-settled instruments granted during the year |
45 000 |
13,95 |
– |
|
| Equity-settled instruments exercised during the year |
– |
– |
– |
|
| Equity-settled instruments at 31 December 2009 |
105 000 |
13,95 |
|
|
|
|
| 45 000 of these options had vested by 31 December 2009 with the balance vesting over a period of three years. |
|
The equity-settled instruments terms are detailed in note 38.
INTERESTS OF DIRECTORS AND OFFICERS IN SHARE CAPITAL
The interests, direct and indirect, of the directors and officers at the date of this report are as follows:
| |
Direct |
Indirect |
|
| |
2010 |
|
|
2009 |
2010 |
|
|
2009 |
|
|
|
|
|
|
|
|
|
|
|
| Beneficial |
|
|
|
|
|
|
|
|
|
| Manuel Donnell Grota Gouveia |
32 070 |
|
|
32 070 |
– |
|
|
– |
|
| Nigel John Townshend |
– |
|
|
– |
9 337 047 |
|
|
9 096 580 |
|
| Sango Siviwe Ntsaluba |
6 986 |
|
|
6 986 |
3 068 760 |
|
|
3 068 760 |
|
| Alexander Thabiso Tlelai |
– |
|
|
– |
3 068 760 |
|
|
3 068 760 |
|
| Lungisa Brian Dyosi |
– |
|
|
– |
n/a |
|
|
169 152 |
|
| |
39 056 |
|
|
39 056 |
15 474 567 |
|
|
15 403 252 |
|
| Shares held by associates |
– |
|
|
– |
– |
|
|
– |
|
| |
39 056 |
|
|
39 056 |
15 474 567 |
|
|
15 403 252 |
|
|
|
|
|
|
|
|
|
|
|
The company’s directors did not trade in shares between year-end and the date the financial statements were authorised for issue.
INTERESTS OF DIRECTORS AND OFFICERS IN SHARE INCENTIVE SCHEME
The direct interests of the directors and officers at the date of this report are as follows:
| |
Number of
unissued
shares |
% of
unissued
shares |
% held
once shares
issued |
|
|
|
|
|
|
| 2010 |
|
|
|
|
| Direct |
|
|
|
|
| Marius Lodewucus Heyns |
380 000 |
20,11 |
0,31 |
|
| Manuel Donnell Grota Gouveia |
105 000 |
5,56 |
0,08 |
|
| Enna Kruger (company secretary) |
20 000 |
1,06 |
0,02 |
|
|
|
| 2009 |
|
|
|
|
| Direct |
|
|
|
|
| Marius Lodewucus Heyns |
380 000 |
18,25 |
0,31 |
|
| Manuel Donnell Grota Gouveia |
105 000 |
5,04 |
0,08 |
|
| Enna Kruger (company secretary) |
20 000 |
0,96 |
0,02 |
|
|
The right to the unissued shares are in terms of the Basil Read Share Incentive Scheme. For further details, refer to note 38(e).
AUDITORS
PricewaterhouseCoopers Inc will continue in office in accordance with section 270(2) of the Companies Act, 1973 as amended.
COMPANY SECRETARY
The company secretary is Enna Kruger.
REGISTERED OFFICE
The Basil Read Campus
7 Romeo Street
Hughes extension
Boksburg
1459
POSTAL ADDRESS
Private Bag X170
Bedfordview
2008 |
