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

Dealing in securities by an associate of a director

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 an associate of a director

In terms of paragraphs 3.63 - 3.66 of the JSE Limited Listings Requirements, the following
information, relating to the dealing in securities, is disclosed:

Name of associate:                    RBFT Investments Proprietary Limited
Name of director:                     MR Ramaite
Class of securities:                  Ordinary shares

Date of transaction:                  2 March 2021
Number of securities:                 422 678
Price per security:                   R1.20
Total value:                          R507 213.60

Date of transaction:                  3 March 2021
Number of securities:                 1 795 154
Price per security:                   R1.20
Total value:                          R2 154 184.80

Date of transaction:                  4 March 2021
Number of securities:                 255 075
Price per security:                   R1.20
Total value:                          R306 090.00

Nature of the transaction:

Purchase of Wescoal ordinary shares on-market by RBFT Investments Proprietary Limited, an
associate of Mr Ramaite. Mr Ramaite is a director of, and has an indirect beneficial interest in,
RBFT Investments Proprietary Limited.

Extent of interest of director:      Indirect beneficial
Extent of interest of associate:     Direct beneficial
Clearance to deal:                   Yes

5 March 2021

Sponsor
Nedbank Corporate and Investment Banking

Date: 05-03-2021 08:30:00
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