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WESCOAL HOLDINGS LIMITED - Dealing in securities by an associate of a director

Release Date: 03/04/2017 13:18:00      Code(s): WSL     
Incorporated in the Republic of South Africa
(Registration number 2005/006913/06)
Share code: WSL
ISIN: ZAE000069639
(?Wescoal? or "the Company")

Dealing in securities by an associate of a director

In terms of paragraphs 3.63 - 3.65 of the JSE Limited Listings Requirements, the following
information relating to the dealing in securities by an associate of a director, is disclosed:

Name of associate:                      Simeka Capital Holdings (Pty) Limited (?Simeka?)
Name of director:                       MR Ramaite
Designation:                            Non-executive chairman
Date of transaction:                    29 March 2017
Class of securities:                    Ordinary shares
Number of securities:                   2 000 000
Price per security:                     R2.29
Total value:                            R4 580 000
Nature of transaction:                  Off-market purchase
Extent of interest for associate:       Direct beneficial
Extent of interest for director:        Indirect beneficial via Simeka of which Mr Ramaite is
                                        a director and shareholder
Clearance to deal:                      N/A

3 April 2017

Nedbank Corporate and Investment Banking

Date: 03/04/2017 01:18:00 Supplied by www.sharenet.co.za                     
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