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Wescoal Holdings Limited - Directors Dealings In Securities

Release Date: 29/08/2014 12:11:00      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")

DIRECTORS DEALING IN SECURITIES

Shareholders are advised that the following directors of Wescoal and
its major subsidiary 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:             Mr AR Boje
Date of acceptance:           28 August 2014
Nature of transaction:        Options granted
Number of shares:             600 000
Option price:                 172 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 Mining Proprietary Limited
Name of director:             Mr HP Botes
Date of acceptance:           28 August 2014
Nature of transaction:        Options granted
Number of shares:             500 000
Option price:                 172 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

The following director of Wescoal has exercised share options in terms
of the share incentive scheme:

Company:                      Wescoal Holdings Limited
Director:                     Mr AR Boje
Date of transaction:          28 August 2014
Number of shares:             200 000
Price of shares:              90 cents
Total value:                  R 180 000
Class of shares:              Ordinary shares
Nature of transaction:        Off market options exercised
Nature of interest:           Direct beneficial
Clearance:                    Yes
29 August 2014
Johannesburg

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Date: 29/08/2014 12:11:00 Supplied by www.sharenet.co.za                     
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