Wits Gold - Dealings in Securities by Directors and Officers
21.11.2012 | CNW
Witwatersrand Consolidated Gold Resources Limited
(Incorporated in the Republic of South Africa)
Registration Number 2002/031365/06
JSE Code: WGR
ISIN: ZAE000079703
TSX Code: WGR
CUSIP NUMBER: S98297104
('Wits Gold' or 'the Company')
JOHANNESBURG, Nov. 21, 2012 /CNW/ - In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements, Wits Gold wishes to disclose the following dealings relevant to its directors and officers:
| Company Director: | P Kotze |
| Number of options: | 1 034 708 |
| Date of transaction: | 20 November 2012 |
| Strike price: | R18.48 |
| Strike date: | 20 November 2012 |
| Period of vesting: | 20 November 2012 - 30 November 2015 |
| Period of exercise: | Within ten years of vesting |
| Nature of transaction: | Allocation of shares under The Wits Gold Share Option Scheme |
| Nature of interest: | Direct beneficial |
| Clearance to deal was granted: | Yes |
| Company Director: | DM Urquhart |
| Number of options: | 180 000 |
| Date of transaction: | 20 November 2012 |
| Strike price: | R18.48 |
| Strike date: | 20 November 2012 |
| Period of vesting: | 20 November 2012 - 30 November 2015 |
| Period of exercise: | Within ten years of vesting |
| Nature of transaction: | Allocation of shares under The Wits Gold Share Options Scheme |
| Nature of interest: | Direct beneficial |
| Clearance to deal was granted: | Yes |
| The above transactions were done off-market | |
| Company Director: | P Kotze |
| Date of transaction: | 19 November 2012 |
| Number of shares: | 1 100 |
| Price per share: | R20,00 |
| Value of transaction: | R22 000 |
| Class of shares: | Ordinary |
| Nature of transaction: | Buy shares |
| Nature of interest: | Direct beneficial |
| Company Director: | AR Fleming |
| Date of transaction: | 20 November 2012 |
| Number of shares: | 2 400 |
| Lowest price per share: | R21,00 |
| Average price per share: | R21,50 |
| Highest price per share | R22,00 |
| Value of transaction: | R51 600 |
| Class of shares: | Ordinary |
| Nature of transaction: | Buy shares |
| Nature of interest: | Direct beneficial |
| The above transactions were done on-market. | |
Johannesburg
21 November 2012
Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
SOURCE Wits Gold
Philip Kotze
Chief Executive Officer
Tel: +27 11 832 1749
Hethen Hira
Executive: Corporate Development & Investor Relations
Tel: +27 11 832 1749