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SEEK LIMITED — Director's Dealing 2007
Sep 9, 2007
65765_rns_2007-09-09_482146c2-54db-46f2-bb0c-379e2f44104d.pdf
Director's Dealing
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Appendix 3Y Change of Director’s Interest Notice
Rule 3.19A.2
Appendix 3Y
Change of Director’s Interest Notice
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.
Introduced 30/9/2001.
Name of entity SEEK LIMITED ABN 46 080 075 314
We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.
| Name of Director | Andrew Bassat |
|---|---|
| Date of last notice | 28 March 2007 |
Part 1 - Change of director’s relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.
| Direct or indirect interest | Direct – Andrew Bassat and indirect |
|---|---|
| Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest. |
Holder: Kiteford Pty Ltd (A.C.N. 110 562 126) as trustee for the Andrew Bassat Family Trust. Nature of interest: Director, Beneficiary and Controller of the Andrew Bassat Family Trust. |
| Date of change | 6 September 2007 |
| No. of securities held prior to change | Andrew Bassat - nil Kiteford PtyLtd - 12,672,976 |
| Class | Ordinary shares |
| Number acquired | Andrew Bassat - 675,000 |
| Number disposed | Not Applicable |
| Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation |
$1,417,500 |
- See chapter 19 for defined terms.
Appendix 3Y Page 1
11/3/2002
Appendix 3Y Change of Director’s Interest Notice
| No. of securities held after change | Andrew Bassat - 675,000 Kiteford Pty Ltd - 12,672,976 Total 13,347,976 |
|---|---|
| Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back |
Exercise of vested options under The Executive Directors Employment and Options Agreement dated 22 March 2005. |
Part 2 – Change of director’s interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.
| Detail of contract | Options Agreement |
|---|---|
| Nature of interest | Options vest over a four year period having regard to performance hurdles |
| Name of registered holder (if issued securities) |
Not Applicable |
| Date of change | 6 September 2007 |
| No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed |
Options - 2,250,000 |
| Interest acquired | Not Applicable |
| Interest disposed | 675,000 vested options converted to ordinary shares |
| Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation |
|
| Interest after change | Options - 1,575,000 |
- See chapter 19 for defined terms.
Appendix 3Y Page 2
11/3/2002