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Wescoal Holdings Limited - Director And Company Secretary Dealing In Securities

Release Date: 23/07/2014 12:49:00      Code(s): WSL     
WESCOAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2005/004794/06)
(JSE code: WSL    ISIN: ZAE000069639)
("Wescoal" or "the company")

DIRECTOR AND COMPANY SECRETARY DEALING IN SECURITIES

Shareholders are advised that the following director and company
secretary of Wescoal have accepted share options in terms of the share
incentive scheme.

In terms of paragraph 3.63 to 3.65 of the JSE Limited Listings
Requirements, the following information is disclosed:

Name of company:                Wescoal Holdings Limited
Name of director:               M Du Plessis
Date of acceptance:             22 July 2014
Nature of transaction:          Options granted
Number of shares:               1 000 000
Option price:                   181 cents
Expiry date:                    tranches of 20% on every anniversary over
                                the next 5 years
Type of option:                 American
Class of security:              Ordinary Shares
Nature of interest:             Direct Beneficial
Clearance obtained:             Yes

Name of company                 Wescoal Holdings Limited
Name of Company Secretary:      I de Wet
Date of acceptance:             22 July 2014
Nature of transaction:          Options granted
Number of shares:               200 000
Option price:                   181 cents
Expiry date:                    tranches of 20% on every anniversary over
                                the next 5 years
Type of option:                 American
Class of security:              Ordinary Shares
Nature of interest:             Direct Beneficial
Clearance obtained:             Yes



Shareholders   will   be   advised   once   the   above   options   have   been
exercised.


23 July 2014
Johannesburg

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Date: 23/07/2014 12:49:00 Supplied by www.sharenet.co.za                     
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