Chemical Specialities Limited
Incorporated in the Republic of South Africa
Registration number 2005/039947/06
Share code: CSP
ISIN: ZAE000109427
("Chemspec" or "the Company")
DEALINGS IN SECURITIES BY DIRECTORS
In accordance with the requirements of paragraph 3.63 to 3.74 of the
JSE Limited Listings Requirements ("Listings Requirements"), the
following dealings in securities by directors should be noted:
1.
Name of company : CHEMICAL SPECIALITIES LIMITED
Name of director : B Schreuder, CEO and executive
director of Chemspec
Class of securities : Options in Chemspec
Nature of transaction : Grant of options
Nature of interests : Direct beneficial
No of options : 10 million
Option strike price : 55 cents per option
Option strike date : 3 January 2013
Period of exercise and/or * after 3 years have elapsed from
vesting the date on which the option is
granted, in respect of not more
than one-third of the shares
which are the subject of that
option;
* after 4 years have elapsed from
the date on which the option is
granted, in respect of not more
than two-thirds of the shares
which are the subject of that
option; and
* after 5 years have elapsed from
the date on which the option is
granted, in respect of all the
shares which are the subject of
that option.
Total value of transaction : R5,500,000
2.
Name of company : CHEMICAL SPECIALITIES LIMITED
Name of director : G Metzer, an executive director of
Chemspec
Class of securities : Options in Chemspec
Nature of transaction : Grant of options
Nature of interests : Direct beneficial
No of options : 6.5 million
Option strike price : 55 cents per option
Option strike date : 3 January 2012
Period of exercise and/or * after 3 years have elapsed from
vesting the date on which the option is
granted, in respect of not more
than one-third of the shares
which are the subject of that
option;
* after 4 years have elapsed from
the date on which the option is
granted, in respect of not more
than two-thirds of the shares
which are the subject of that
option; and
* after 5 years have elapsed from
the date on which the option is
granted, in respect of all the
shares which are the subject of
that option.
Total value of transaction : R3,575,000
* Clearance to trade has been obtained in terms of section 3.66
of the Listings Requirements.
Durban
03 January 2012
Designated Advisor:
Grindrod Bank Limited
Date: 03/01/2013 05:00:00 Produced by the JSE SENS Department. The SENS
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