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AVU
AVU
AVU - Avusa Limited - Exercise of share-based incentives by, and delivery of
shares to a director of a major subsidiary
AVUSA LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2008/002461/06)
Share code: AVU ISIN code: ZAE000115895
("Avusa")
EXERCISE OF SHARE-BASED INCENTIVES BY, AND DELIVERY OF SHARES TO A DIRECTOR
OF A MAJOR SUBSIDIARY
In compliance with paragraphs 3.63 - 3.70 of the Listings Requirements of
the JSE Limited, the following information relating to the exercise of share-
based incentives by, and the delivery of Avusa shares to, a director of a
major subsidiary, is disclosed:
Director of a major subsidiary Ashok Lachman
Company of which a director Avusa Media Limited
Date of exercise of conditional
awards 31 January 2012
Date of delivery of shares 3 February 2012
Exercise price R19,52 per conditional award
Allocation price Nil
Number of shares delivered 8 046 (with 3 218 shares subsequently
sold to settle employee`s tax)
Value of transaction R157 057,92 (before tax)
Nature of transaction Exercise of conditional awards in terms
of the Long
Term Incentive Plan 2008, and delivery of
Avusa shares
Class of securities Avusa ordinary shares
Extent of interest Direct beneficial
Written clearance to deal Yes
Johannesburg
3 February 2012
Sponsor
Nedbank Capital
Date: 03/02/2012 17:05:02 Produced by the JSE SENS Department.
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