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Wescoal Holdings Limited - Directors Dealing In Securities

Release Date: 25/11/2013 17:00:00      Code(s): WSL     
WESCOAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2005/006913/06)
JSE Share code: WSL   ISIN: ZAE000069639
("Wescoal? or ?the Company?)

Directors Dealing in Securities

In terms of paragraph 3.63 to 3.65 of the JSE Limited Listings
Requirements, the following information relating to dealings in
securities by a director of the company and a director of a major
subsidiary of the company is disclosed as follows:

Company:                      Wescoal Holdings Limited
Director:                     Mr PJ van Rensburg
Date of transaction:          22 November 2013
Number of shares:             100 000
Price of shares:              225 cents
Total value:                  R 225 000
Class of shares:              Ordinary shares
Nature of transaction:        On market sale
Nature of interest:           Direct beneficial
Clearance:                    Yes

Company:                      Wescoal Holdings Limited
Director:                     Mr PJ van Rensburg
Date of transaction:          22 November 2013
Number of shares:             45 000
Price of shares:              227 cents
Total value:                  R 102 150
Class of shares:              Ordinary shares
Nature of transaction:        On market sale
Nature of interest:           Direct beneficial
Clearance:                    Yes

Company:                      Wescoal Holdings Limited
Director:                     Mr PJ van Rensburg
Date of transaction:          25 November 2013
Number of shares:             10 000
Price of shares:              225 cents
Total value:                  R 22 500
Class of shares:              Ordinary shares
Nature of transaction:        On market sale
Nature of interest:           Direct beneficial
Clearance:                    Yes

The proceeds of the above share sales were used to pay for the Wescoal
shares acquired by exercising options granted in terms of the Wescoal
share incentive scheme as detailed below.

Company:                      Wescoal Holdings Limited
Director:                     Mr PJ van Rensburg
Date of transaction:          25 November 2013
Number of shares:             1 000 000
Price of shares:              50 cents
Total value:                  R 500 000
Class of shares:              Ordinary shares
Nature of transaction:        Off market options exercised
Nature of interest:           Direct beneficial
Clearance:                    Yes

Company:                      Wescoal Holdings Limited
Director:                     Mr PJ van Rensburg
Date of transaction:          25 November 2013
Number of shares:             450 000
Price of shares:              88.7 cents
Total value:                  R 399 150
Class of shares:              Ordinary shares
Nature of transaction:        Off market options exercised
Nature of interest:           Direct beneficial
Clearance:                    Yes

Share dealings of a director of a major subsidiary of the company in
Wescoal shares:

Company:                      Wescoal Mining Proprietary Limited
Director:                     Mr M Bartle
Date of transaction:          25 November 2013
Number of shares:             384 000
Price of shares:              195 cents
Total value:                  R 691 200
Class of shares:              Ordinary shares
Nature of transaction:        Off market sale
Nature of interest:           Direct beneficial
Clearance:                    Yes

The proceeds of the above share sales were used to pay for the Wescoal
shares acquired by exercising options granted in terms of the Wescoal
share incentive scheme as detailed below.

Company:                      Wescoal Mining Proprietary Limited
Director:                     Mr M Bartle
Date of transaction:          25 November 2013
Number of shares:             300 000
Price of shares:              86.1 cents
Total value:                  R 258 300
Class of shares:              Ordinary shares
Nature of transaction:        Off market options exercised
Nature of interest:           Direct beneficial
Clearance:                    Yes

Company:                      Wescoal Mining Proprietary Limited
Director:                     Mr M Bartle
Date of transaction:          25 November 2013
Number of shares:             84 000
Price of shares:              106 cents
Total value:                  R 89 040
Class of shares:              Ordinary shares
Nature of transaction:        Off market options exercised
Nature of interest:           Direct beneficial
Clearance:                    Yes


25 November 2013
Johannesburg
Sponsor
Exchange Sponsors

Date: 25/11/2013 05:00:00 Supplied by www.sharenet.co.za                     
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