LEWIS GROUP LIMITED - Directors Dealings in Securities

Directors Dealings in Securities


Lewis Group Ltd
Reg. No. 2004/009817/06
JSE Share Code : LEW
ISIN : ZAE 000058236
JSE Code: LEW01
ISIN No: ZAG000110222

(Lewis or the “Company”)

Directors Dealings in Securities

In compliance with the requirements 3.63 to 3.74 of the JSE Listings Requirements,
the following should be noted:

1.      Sale of Shares

The directors have sold ordinary shares between 28 June 2016 and 1 July 2016 in
order to settle their tax liability on the awards vested (refer SENS announcement
dated 20 June 2016) and to re-balance their personal portfolios as follows:


                                                                        Volume
     Executive                  Designation               Number of     Weighted   Value
                                                          Shares        Average
                                                                        Price
J. Enslin            Director, Lewis Group Ltd               30 297     R44.4333   R1 346 196
L.A. Davies          Director, Lewis Group Ltd               19 600     R44.4333    R870 893
D. Loudon            Director, Lewis Stores (Pty) Ltd        15 579     R44.4333    R692 226
N. Jansen            Director, Lewis Stores (Pty) Ltd        38 802     R44.4333   R1 724 101
R. Oliphant          Director, Lewis Stores (Pty) Ltd        13 374     R44.4333    R594 251

The sale of shares was made on the open market. The high and low prices for each
director for the above sales were R45.64 and R43.50 respectively.

2.      Transfer of Shares

The following executives have elected to take transfer of shares arising from the
vesting of share awards (refer SENS announcement dated 20 June 2016):

                                                       Shares to be         Implied Value
                                                        transferred
 Executive                Designation
                                                    Invested Vested     Invested  Vested
                                                    Shares     Shares   Shares    Shares
J Enslin         Director, Lewis Group Ltd          15 550     29 108    R962 545 R1 426 583
LA Davies        Director Lewis Group Ltd           12 234     26 669    R757 285 R1 307 048
D Loudon         Director, Lewis Stores (Pty) Ltd   7 948      14 968    R491 981   R733 582
The implied values were calculated as follows:

   -   Invested shares at R61.90 (refer SENS announcement dated 19 June 2013)
   -   Vested shares at R49.01 (refer SENS announcement dated 20 June 2016)

The transfers will be made off-market.

All the transactions as set out in 1 and 2 above were for the direct benefit of the
directors. The requisite clearances have been obtained.

Cape Town
4 July 2016

Sponsor:
UBS South Africa (Pty) Ltd

Date: 04/07/2016 05:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.