Exhibit 99.8
Appendix 3Y
Change of Directors Interest Notice
Rule 3.19A.2
Appendix 3Y
Change of Directors Interest Notice
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASXs 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 | 12 June 2012 |
Part 1 - Change of directors 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 | Two separate events:
Lapse of options: 31 August 2012
Exercise of options: 6 September 2012 |
+ | See chapter 19 for defined terms. |
01/01/2011 Appendix 3Y Page 1
Appendix 3Y
Change of Directors Interest Notice
No. of securities held prior to change | 741,371 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 Equity Incentive Plan (2001 Plan);
860,000 options (ROCE) under the 2006 JHISE Long Term Incentive Plan (2006 Plan); and
665,600 options (TSR) under the 2006 Plan. | |
Class | Ordinary shares/CUFS and options | |
Number acquired | 325,000 ordinary shares/CUFS following exercise of options under the 2001 Plan. | |
Number disposed | Sold 316,840 ordinary shares/CUFS.
Lapsed 72,542 2006 Plan TSR options. | |
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation |
Exercise of options $2,291,250
Sale of CUFS - $2,703,152.14 | |
No. of securities held after change | Current relevant interest is:
749,531 ordinary shares/CUFS registered in the name of the Director; and
1,453,058 options over unissued ordinary shares/CUFS comprising:
860,000 options (ROCE) under the 2006 Plan; and
593,058 options (TSR) under the 2006 Plan. |
+ See chapter 19 for defined terms.
Appendix 3Y Page 2 |
01/01/2011 |
Appendix 3Y
Change of Directors Interest Notice
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back |
Two separate events:
Lapse of TSR options under the 2006 Plan terms following the final performance test of options granted on 29 August 2007; and
Sale of shares issued pursuant to exercise of 2001 Plan options. The disposal of some of the shares is required to fund (i) payment of the exercise price, (ii) US State and Federal withholding tax obligations payable on exercise of options, and (iii) sale costs. Some additional shares have been sold on-market in compliance with the James Hardie stock accumulation policy and as referred to in the announcement to the ASX on 10 December 2010. |
+ | See chapter 19 for defined terms. |
01/01/2011 Appendix 3Y Page 3
Appendix 3Y
Change of Directors Interest Notice
Part 2 - Change of directors 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. | |
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
212,146 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.
Appendix 3Y Page 4 |
01/01/2011 |