Dealing in securities by directors, company secretary and directors of major subsidiaries
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 directors, company secretary and directors of major subsidiaries
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: W Sulaiman
Designation: Executive director
Date of transaction: 29 September 2017
Class of securities: Share options
Number of share options: 225 000
Price per share option: R2.13163
Total value: R479 616.75
Nature of transaction: Award and acceptance of share options in
terms of the Wescoal Share Incentive Trust
(off market)
Exercise periods: 20% after the 1st anniversary date
40% after the 2nd anniversary date
60% after the 3rd anniversary date
80% after the 4th anniversary date
Remainder after the 5th anniversary
Extent of interest: Direct beneficial
Clearance to deal: Not applicable
Name: I J van der Walt
Designation: Executive director
Date of transaction: 29 September 2017
Class of securities: Share options
Number of share options: 954 000
Price per share option: R2.13163
Total value: R2 033 575.02
Nature of transaction: Award and acceptance of share options in
terms of the Wescoal Share Incentive Trust
(off market)
Exercise periods: 20% after the 1st anniversary date
40% after the 2nd anniversary date
60% after the 3rd anniversary date
80% after the 4th anniversary date
Remainder after the 5th anniversary
Extent of interest: Direct beneficial
Clearance to deal: Not applicable
Name: V Dhanooklal
Designation: Company secretary
Date of transaction: 29 September 2017
Class of securities: Share options
Number of share options: 205 000
Strike price: R2.13163
Total value: R436 984.15
Nature of transaction: Award and acceptance of share options in
terms of the Wescoal Share Incentive Trust
(off market)
Exercise periods: 20% after the 1st anniversary date
40% after the 2nd anniversary date
60% after the 3rd anniversary date
80% after the 4th anniversary date
Remainder after the 5th anniversary
Extent of interest: Direct beneficial
Clearance to deal: Not applicable
Name: T Tshithavhane
Designation: Director of Wescoal Mining (Pty) Limited
Date of transaction: 29 September 2017
Class of securities: Share options
Number of share options: 205 000
Price per share option: R2.13163
Total value: R436 985.15
Nature of transaction: Award and acceptance of share options in
terms of the Wescoal Share Incentive Trust
(off market)
Exercise periods: 20% after the 1st anniversary date
40% after the 2nd anniversary date
60% after the 3rd anniversary date
80% after the 4th anniversary date
Remainder after the 5th anniversary
Extent of interest: Direct beneficial
Clearance to deal: Not applicable
Name: MR Berry
Designation: Director of Wescoal Trading (Pty) Limited
Date of transaction: 29 September 2017
Class of securities: Share options
Number of share options: 205 000
Price per share option: R2.13163
Total value: R436 985.15
Nature of transaction: Award and acceptance of share options in
terms of the Wescoal Share Incentive Trust
(off market)
Exercise periods: 20% after the 1st anniversary date
40% after the 2nd anniversary date
60% after the 3rd anniversary date
80% after the 4th anniversary date
Remainder after the 5th anniversary
Extent of interest: Direct beneficial
Clearance to deal: Not applicable
Name: N Mbekeni
Designation: Director of Wescoal Mining (Pty) Limited
Date of transaction: 29 September 2017
Class of securities: Share options
Number of share options: 115 000
Price per share option: R2.13163
Total value: R245 137.45
Nature of transaction: Award and acceptance of share options in
terms of the Wescoal Share Incentive Trust
(off market)
Exercise periods: 20% after the 1st anniversary date
40% after the 2nd anniversary date
60% after the 3rd anniversary date
80% after the 4th anniversary date
Remainder after the 5th anniversary
Extent of interest: Direct beneficial
Clearance to deal: Not applicable
Name: B Hlophe
Designation: Director of Wescoal Mining (Pty) Limited and
Wescoal Trading (Pty) Limited
Date of transaction: 29 September 2017
Class of securities: Share options
Number of share options: 205 000
Price per share option: R2.13163
Total value: R436 984.15
Nature of transaction: Award and acceptance of share options in
terms of the Wescoal Share Incentive Trust
(off market)
Exercise periods: 20% after the 1st anniversary date
40% after the 2nd anniversary date
60% after the 3rd anniversary date
80% after the 4th anniversary date
Remainder after the 5th anniversary
Extent of interest: Direct beneficial
Clearance to deal: Not applicable
2 October 2017
Sponsor
Nedbank Corporate and Investment Banking
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