Exhibit 99.11
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 30/09/01 Amended 01/01/11
| Name of entity
|
James Hardie Industries SE | |
|
ARBN
|
097 829 895 |
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
|
Louis GRIES | |
| Date of last notice
|
23 September 2011 |
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 | |
| Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.
|
Not applicable | |
| Date of change
|
8 and 9 March 2012 | |
| No. of securities held prior to change |
• 661,659 ordinary shares/CUFS registered in the name of the Director; and
• 2,328,000 options over unissued ordinary shares/CUFS comprising:
• 650,000 options under the 2001 Equity Incentive Plan (2001 Plan);
• 860,000 options (ROCE) under the 2006 JHISE Long Term Incentive Plan (2006 Plan); and
• 818,000 options (TSR) under the 2006 Plan.
| |
| Class | Ordinary shares/CUFS and options
|
| + See chapter 19 for defined terms. | ||
| 01/01/2011 Appendix 3Y Page 1 |
Appendix 3Y
Change of Director’s Interest Notice
| Number acquired | 325,000 ordinary shares/CUFS following exercise of options under the 2001 Plan.
| |
| Number disposed | Exercise of options: 325,000 options under the 2001 Plan exercised
Sale of Shares: 296,737 ordinary shares/CUFS sold
Lapse of options: 152,400 TSR options under the 2006 Plan lapsed
| |
|
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation |
Exercise of options: A$2,095,925
Sale of Shares: $A2,190,433.11
| |
| No. of securities held after change | Current relevant interest is:
• 689,922 ordinary shares/CUFS registered in the name of the Director; and
• 1,850,600 options over unissued ordinary shares/CUFS comprising:
• 325,000 options under the 2001 Plan;
• 860,000 options (ROCE) under the 2006 Plan; and
• 665,600 options (TSR) under the 2006 Plan.
| |
| Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back |
Ordinary Shares/CUFS issued pursuant to the exercise of a 3 December 2002 grant of options under the 2001 Plan.
The disposal of some of the ordinary shares/CUFS is solely to fund the option exercise price, US State and Federal withholding tax obligations and brokerage.
|
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 | Not applicable
| |
| Nature of interest | Restricted Stock Units (RSUs) are contractual entitlements to issued ordinary shares/CUFS upon satisfaction of certain conditions.
|
| + See chapter 19 for defined terms. | ||
| Appendix 3Y Page 2 |
01/01/2011 |
Appendix 3Y
Change of Director’s Interest Notice
| Name of registered holder (if issued securities)
|
Not applicable | |
| Date of change
|
Not applicable | |
| 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
|
Not applicable | |
| Interest acquired
|
Not applicable | |
| Interest disposed
|
Not applicable | |
|
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
|
Not applicable | |
| Interest after change | Current interests in contracts are:
• 1,500,753 Relative TSR RSUs; and
• 405,954 Hybrid RSUs (formerly referred to Executive Incentive Plan RSUs).
|
Part 3 — +Closed period
| Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required? | No | |
| If so, was prior written clearance provided to allow the trade to proceed during this period? | Not applicable | |
| If prior written clearance was provided, on what date was this provided? | Not applicable |
| + See chapter 19 for defined terms. | ||
| 01/01/2011 Appendix 3Y Page 3 |