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GNDE - GND - Grindrod Limited - Directors share dealings

18/04/2008 10:21:18

GND
GND
GND - Grindrod Limited - Directors share dealings
GRINDROD LIMITED
(Registration number: 1966/0009846/06)
Share code: GND & GNDP
ISIN: ZAE000072328 & ZAE 000071106
In accordance with the requirements of paragraph 3.63 to 3.74 of the JSE
Listings Requirements the following should be noted:
Director : I A J Clark
Date of transaction : 9 April 2008
Average settlement price : R22,70
Number of shares : 2 000 000
Nature of interest : Indirect beneficial
Clearance obtained : Yes
Class of share : Grindrod ordinary shares
Nature of transaction: Unwind of the Zero cost collar
entered into on 28 June 2007 (1 000
000 shares) and set to expire on 30
June 2008 (Put strike R17,34 per
share and Call strike R28,28 per
share) and unwind of the Zero cost
collar entered into on 28 June 2007
(1 000 000 shares) and set to
expire on 30 July 2008 (Put strike
R17,60 per share and Call strike
R28,81 per share)
18 April 2008
Sponsors:
Exchange Sponsors (Pty) Limited
Date: 18/04/2008 10:21:18 Produced by the JSE SENS Department.
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