EX-99.1 2 d424357dex991.htm APPENDIX 3Y APPENDIX 3Y

Exhibit 99.1

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    7 September 2012

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    Not applicable

Nature of indirect interest

(including registered holder)

Note: Provide details of the circumstances giving rise to the relevant interest.

   Not applicable
Date of change    Not applicable
No. of securities held prior to change   

•        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 Return on Capital Employed (ROCE) options under the 2006 JHISE Long Term Incentive Plan (2006 Plan); and

 

•        593,058 Relative Total Shareholder Return (TSR) options under the 2006 Plan.

Class    Not applicable

 

 

+ See chapter 19 for defined terms.

001/01/2011 Appendix 3Y  Page 1


Appendix 3Y

Change of Director’s Interest Notice

 

 

 

Number acquired    Not applicable
Number disposed    Not applicable

Value/Consideration

Note: If consideration is non-cash, provide details and estimated valuation

   Not applicable
No. of securities held after change   

Current relevant interest is unchanged:

 

•        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 ROCE options under the 2006 Plan; and

 

•        593,058 TSR options 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

   Change relates to grant of restricted stock units (RSUs) described below.

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    RSUs are contractual entitlements to issued ordinary shares/CUFS upon satisfaction of certain conditions.

Name of registered holder

(if issued securities)

   Louis Gries
Date of change    14 September 2012 (US time)

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

  

Current interests in contracts are:

 

•        1,500,753 Relative TSR RSUs; and

 

•        212,146 Hybrid RSUs (formerly referred to Executive Incentive Plan RSUs).

 

 

+  See chapter 19 for defined terms.

 

Appendix 3Y  Page 2

   01/01/2011


Exhibit 99.1

Appendix 3Y

Change of Director’s Interest Notice

 

 

 

 

Interest acquired   

Two separate grants of RSUs, as part of the FY2013 long-term incentive to the CEO pursuant to the 2006 Plan, approved by shareholders at the 2012 Annual General Meeting:

 

•        273,732 Relative TSR RSUs. These RSUs are subject to a TSR based hurdle measured over a performance period of 3 to 5 years from the grant date; and

 

•        284,916 ROCE RSUs. These RSUs are subject to a ROCE hurdle based on the company’s average ROCE performance in FY2013, 2014 and 2015 and the Board’s exercise of negative discretion three years from the grant date.

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:

 

•        1,774,486 Relative TSR RSUs;

 

•        212,146 Hybrid RSUs; and

 

•        284,916 ROCE 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