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Wescoal Holdings Limited - Dealing In Securities By Company Secretary And A Director Of A Major Subsidiary

Release Date: 25/08/2017 15:00:00      Code(s): WSL     
WESCOAL HOLDINGS LIMITED
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 company secretary and a director of a major subsidiary

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

Name:                                          V Dhanooklal
Designation:                                   Company secretary
Date of transaction:                           25 August 2017
Class of securities:                           Ordinary shares
Number of securities:                          15000
Strike price:                                  R1.11 per share
Total value:                                   R16 650
Nature of transaction:                         Exercise of share options in terms of the
                                               Wescoal Share Incentive Trust (off market)
Extent of interest:                            Direct beneficial
Clearance to deal:                             Yes

Name:                                          HP Botes
Designation:                                   Director of Wescoal Mining (Pty) Limited
Date of transaction:                           25 August 2017
Class of securities:                           Ordinary shares
Number of share options:                       1 600 000
Strike price:                                  R0.86 per share
Number of share options:                       200 000
Strike price:                                  R1.72 per share
Total value:                                   R1 720 000
Nature of transaction:                         Exercise of share options in terms of the
                                               Wescoal Share Incentive Trust (off market)
Extent of interest:                            Direct beneficial
Clearance to deal:                             Yes


25 August 2017

Sponsor
Nedbank Corporate and Investment Banking

Date: 25/08/2017 03:00:00 Supplied by www.sharenet.co.za                     
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