Director Shareholding
July 07 2004 - 12:00PM
UK Regulatory
RNS Number:5955A
Brait S.A.
07 July 2004
BRAIT S.A. SOCIETE ANONYME, INCORPORATED IN LUXEMBOURG
(RC LUXEMBOURG B-13861) - NOTICE OF GRANT OF BRAIT S.A. OPTIONS
("Brait")
JSE CODE : BAT
Issuer Code : BRAIT
ISIN CODE : LU 0011857645
NOTICE OF GRANT OF OPTIONS IN TERMS OF BRAIT'S LISTINGS REQUIREMENTS
In compliance with Brait's listings requirements, notice is hereby given that
the following directors were granted options in terms of the Brait S.A. Share
Incentive Scheme ("the Scheme") effective 6 July 2004 at an allocation price of
R7.22 per ordinary Brait share (being the volume-weighted average traded price
of Brait ordinary shares for the seven days prior to 6 July 2004). Approval for
the respective allocation and clearance to deal was given on 6 July 2004.
Name Designation Number of options granted Nature of interest
ME King Non-Executive Chairman 76,000 Indirect beneficial
FZ Haller Non-Executive Director 32,900 Indirect beneficial
RJ Koch Non-Executive Director 34,700 Indirect beneficial
AM Rosenzweig Non-Executive Director 34,700 Indirect beneficial
PL Wilmot Non-Executive Director 34,700 Indirect beneficial
SJP Weber Executive Director 40,000 Indirect beneficial
In terms of the Scheme, the options vest equally over three years on the
anniversary of the date of grant. The options are subject to an 8-year expiry
period.
7 July 2004
This information is provided by RNS
The company news service from the London Stock Exchange
END
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