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:                   31 March 2021
Number of securities:                  4 745 455
Price per security:                    R1.20
Total value:                           R5 694 546.00

Date of transaction:                   31 March 2021
Number of securities:                  542 273
Average price per security:            R1.1581
Lowest price per security:             R1.10
Highest price per security:            R1.20
Total value:                           R628 006.36

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:                     Not applicable

1 April 2021

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 01-04-2021 11:21:00
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