Wits Gold - Dealings in Securities by Directors and Officers

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

JOHANNESBURG, Feb. 22 /CNW/ - The Wits Gold Share Incentive and Retention Scheme was approved at the Company's Annual General Meeting held on 12 October 2007.  In terms of the rules of the Scheme, all Company employees become eligible to participate therein and to acquire shares at no cost to the employee. All shares awarded in terms of this scheme were fully issued prior to the Company's listing on the JSE Ltd in April 2006 and therefore do not dilute the existing shareholders.

Accordingly, 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:

Name Position Number of shares Value based on closing price of R50.50 on 18 February 2011 Nature of interest
AR Fleming Company director 2 329 R117 614.50 Direct beneficial
T Mokoena Company director 2 329 R117 614.50 Direct beneficial
H Mathe Company director 2 329 R117 614.50 Direct beneficial
G Wilson Company director 2 329 R117 614.50 Direct beneficial
BJ Dowden Company Secretary 2 329 R117 614.50 Indirect beneficial
MB Watchorn Company director 10 740 R542 370.00 Direct beneficial
DM Urquhart Company director 8 950 R451 975.00 Direct beneficial

Date of transaction:   18 February 2011
Price per share:   R0
Class of shares:               Ordinary
Nature of transaction:        Allocation of shares under Share Incentive & Retention Scheme
Clearance to deal was granted: Yes

Johannesburg
22 February 2011

Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd

SOURCE Wits Gold

For further information:

Dr. Marc Watchorn                                                              
Chief Executive Officer                                                        
Tel: +27 11 832 1749          

Mr. Hethen Hira                                                                
Investor Relations                                                             
Tel: +27 11 832 1749

Profil de l'entreprise

Wits Gold

Renseignements sur cet organisme


FORFAITS PERSONNALISÉS

Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .

ADHÉSION À CNW

Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.

RENSEIGNEZ-VOUS SUR LES SERVICES DE CNW

Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.