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Dealings in securities by executive directors, company secretary and directors of a major subsidiary of the company
THE FOSCHINI GROUP LIMITED
(Incorporated in the Republic of South Africa)
Registration Number 1937/009504/06
JSE / A2X Share code: TFG
ISIN: ZAE000148466
("TFG" or "the Company")
DEALINGS IN SECURITIES BY EXECUTIVE DIRECTORS, COMPANY SECRETARY AND DIRECTORS OF A MAJOR SUBSIDIARY
OF THE COMPANY
In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited ("JSE"), shareholders are
advised of the following information relating to dealings in securities by the Executive Directors, Company Secretary and
Directors of a major subsidiary of the Company, arising from the vesting of shares under the Company's 2020 Forfeitable
Share Plan:
Director : A E Thunström
Designation : Executive Director - Chief Executive Officer
Date of transaction : 25 June 2025
Nature of transaction : On market sale of TFG shares previously granted (with time-based restrictions) on
1 July 2022 and 30 June 2023 in terms of and subject to the rules of the Company's
2020 Forfeitable Share Plan in order to settle the resultant tax obligation.
Number of securities granted : 134 538
Number of securities sold : 61 483
Number of securities retained : 73 055
Class of securities : Ordinary shares
Highest price of shares sold : R127.68
Lowest price of shares sold : R126.40
VWAP of shares sold : R126.4636 per share
Total value of transaction : R7 775 361.52
Nature of interest : Direct, beneficial
Clearance obtained : Yes
Director : S A Baird
Designation : Director of major subsidiary: The Foschini Retail Group (Pty) Ltd
Date of transaction : 25 June 2025
Nature of transaction : On market sale of TFG shares previously granted (with time-based restrictions) on
1 July 2022 and 30 June 2023 in terms of and subject to the rules of the Company's
2020 Forfeitable Share Plan in order to settle the resultant tax obligation.
Number of securities granted : 40 426
Number of securities sold : 18 474
Number of securities retained : 21 952
Class of securities : Ordinary shares
Highest price of shares sold : R127.68
Lowest price of shares sold : R126.40
VWAP of shares sold : R126.4636 per share
Total value of transaction : R2 336 288.55
Nature of interest : Direct, beneficial
Clearance obtained : Yes
Director : G S Naidoo
Designation : Director of major subsidiary: The Foschini Retail Group (Pty) Ltd
Date of transaction : 25 June 2025
Nature of transaction : On market sale of TFG shares previously granted (with time-based restrictions) on
1 July 2022 and 30 June 2023 in terms of and subject to the rules of the Company's
2020 Forfeitable Share Plan in order to settle the resultant tax obligation.
Number of securities granted : 35 336
Number of securities sold : 16 147
Number of securities retained : 19 189
Class of securities : Ordinary shares
Highest price of shares sold : R127.68
Lowest price of shares sold : R126.40
VWAP of shares sold : R126.4636 per share
Total value of transaction : R2 042 007.75
Nature of interest : Direct, beneficial
Clearance obtained : Yes
Director : J L Fisher
Designation : Director of major subsidiary: The Foschini Retail Group (Pty) Ltd
Date of transaction : 25 June 2025
Nature of transaction : On market sale of TFG shares previously granted (with time-based restrictions) on
1 July 2022 and 30 June 2023 in terms of and subject to the rules of the Company's
2020 Forfeitable Share Plan.
Number of securities granted : 34 182
Number of securities sold : 23 382
Number of securities retained : 10 800
Class of securities : Ordinary shares
Highest price of shares sold : R127.68
Lowest price of shares sold : R126.40
VWAP of shares sold : R126.4636 per share
Total value of transaction : R2 956 971.90
Nature of interest : Direct, beneficial
Clearance obtained : Yes
Director : S E Morley
Designation : Director of major subsidiary: The Foschini Retail Group (Pty) Ltd
Date of transaction : 25 June 2025
Nature of transaction : On market sale of TFG shares previously granted (with time-based restrictions) on
1 July 2022 and 30 June 2023 in terms of and subject to the rules of the Company's
2020 Forfeitable Share Plan in order to settle the resultant tax obligation.
Number of securities granted : 34 574
Number of securities sold : 15 798
Number of securities retained : 18 776
Class of securities : Ordinary shares
Highest price of shares sold : R127.68
Lowest price of shares sold : R126.40
VWAP of shares sold : R126.4636 per share
Total value of transaction : R1 997 871.95
Nature of interest : Direct, beneficial
Clearance obtained : Yes
Director : J de Kock
Designation : Director of major subsidiary: The Foschini Retail Group (Pty) Ltd
Date of transaction : 25 June 2025
Nature of transaction : On market sale of TFG shares previously granted (with time-based restrictions) on
1 July 2022 and 30 June 2023 in terms of and subject to the rules of the Company's
2020 Forfeitable Share Plan in order to settle the resultant tax obligation.
Number of securities granted : 31 167
Number of securities sold : 14 242
Number of securities retained : 16 925
Class of securities : Ordinary shares
Highest price of shares sold : R127.68
Lowest price of shares sold : R126.40
VWAP of shares sold : R126.4636 per share
Total value of transaction : R1 801 094.59
Nature of interest : Direct, beneficial
Clearance obtained : Yes
Officer : D van Rooyen
Designation : Group Company Secretary
Date of transaction : 25 June 2025
Nature of transaction : On market sale of TFG shares previously granted (with time-based restrictions) on
1 July 2022 and 30 June 2023 in terms of and subject to the rules of the Company's
2020 Forfeitable Share Plan.
Number of securities granted :
and sold 6 093
Class of securities : Ordinary shares
Highest price of shares sold : R127.68
Lowest price of shares sold : R126.40
VWAP of shares sold : R126.4636 per share
Total value of transaction : R770 542.71
Nature of interest : Direct, beneficial
Clearance obtained : Yes
Furthermore, the below information relates to dealings in securities by the Executive Directors, Company Secretary and
Directors of a major subsidiary of the Company, arising from the acceptance of shares in terms of the Company's 2020
Forfeitable Share Plan:
Director : A E Thunström
Designation : Executive Director - Chief Executive Officer
Date of transaction : 30 June 2025
Nature of transaction : Off market acceptance of TFG shares in terms of the FY25 Single Incentive Plan and
subject to the rules of the Company's 2020 Forfeitable Share Plan.
Vesting periods : The shares vest in June 2028, provided the recipient remains in the Group's
employ.
Number of securities : 153 668
Class of securities : Ordinary shares
Value of transaction : R19 543 496 based on the closing market price of R127.18 on 27 June 2025.
Consideration : Nil
Nature of interest : Direct, beneficial
Clearance obtained : Yes
Director : R Buddle
Designation : Executive Director - Chief Financial Officer
Date of transaction : 30 June 2025
Nature of transaction : Off market acceptance of TFG shares in terms of the FY25 Single Incentive Plan and
subject to the rules of the Company's 2020 Forfeitable Share Plan.
Vesting periods : The shares vest in June 2028, provided the recipient remains in the Group's
employ.
Number of securities : 58 133
Class of securities : Ordinary shares
Value of transaction : R7 393 355 based on the closing market price of R127.18 on 27 June 2025.
Consideration : Nil
Nature of interest : Direct, beneficial
Clearance obtained : Yes
Director : S A Baird
Designation : Director of major subsidiary: The Foschini Retail Group (Pty) Ltd
Date of transaction : 30 June 2025
Nature of transaction : Off market acceptance of TFG shares in terms of the FY25 Single Incentive Plan and
subject to the rules of the Company's 2020 Forfeitable Share Plan.
Vesting periods : The shares vest in June 2028, provided the recipient remains in the Group's
employ.
Number of securities : 57 953
Class of securities : Ordinary shares
Value of transaction : R7 370 463 based on the closing market price of R127.18 on 27 June 2025.
Consideration : Nil
Nature of interest : Direct, beneficial
Clearance obtained : Yes
Director : G S Naidoo
Designation : Director of major subsidiary: The Foschini Retail Group (Pty) Ltd
Date of transaction : 30 June 2025
Nature of transaction : Off market acceptance of TFG shares in terms of the FY25 Single Incentive Plan and
subject to the rules of the Company's 2020 Forfeitable Share Plan.
Vesting periods : The shares vest in June 2028, provided the recipient remains in the Group's
employ.
Number of securities : 40 569
Class of securities : Ordinary shares
Value of transaction : R5 159 565 based on the closing market price of R127.18 on 27 June 2025.
Consideration : Nil
Nature of interest : Direct, beneficial
Clearance obtained : Yes
Director : J L Fisher
Designation : Director of major subsidiary: The Foschini Retail Group (Pty) Ltd
Date of transaction : 30 June 2025
Nature of transaction : Off market acceptance of TFG shares in terms of the FY25 Single Incentive Plan and
subject to the rules of the Company's 2020 Forfeitable Share Plan.
Vesting periods : The shares vest in June 2028, provided the recipient remains in the Group's
employ.
Number of securities : 40 663
Class of securities : Ordinary shares
Value of transaction : R5 171 520 based on the closing market price of R127.18 on 27 June 2025.
Consideration : Nil
Nature of interest : Direct, beneficial
Clearance obtained : Yes
Director : S E Morley
Designation : Director of major subsidiary: The Foschini Retail Group (Pty) Ltd
Date of transaction : 30 June 2025
Nature of transaction : Off market acceptance of TFG shares in terms of the FY25 Single Incentive Plan and
subject to the rules of the Company's 2020 Forfeitable Share Plan.
Vesting periods : The shares vest in June 2028, provided the recipient remains in the Group's
employ.
Number of securities : 40 244
Class of securities : Ordinary shares
Value of transaction : R5 118 232 based on the closing market price of R127.18 on 27 June 2025.
Consideration : Nil
Nature of interest : Direct, beneficial
Clearance obtained : Yes
Director : J de Kock
Designation : Director of major subsidiary: The Foschini Retail Group (Pty) Ltd
Date of transaction : 30 June 2025
Nature of transaction : Off market acceptance of TFG shares in terms of the FY25 Single Incentive Plan and
subject to the rules of the Company's 2020 Forfeitable Share Plan.
Vesting periods : The shares vest in June 2028, provided the recipient remains in the Group's
employ.
Number of securities : 40 837
Class of securities : Ordinary shares
Value of transaction : R5 193 650 based on the closing market price of R127.18 on 27 June 2025.
Consideration : Nil
Nature of interest : Direct, beneficial
Clearance obtained : Yes
Officer : D van Rooyen
Designation : Group Company Secretary
Date of transaction : 30 June 2025
Nature of transaction : Off market acceptance of TFG shares in terms of the FY25 Single Incentive Plan and
subject to the rules of the Company's 2020 Forfeitable Share Plan.
Vesting periods : The shares vest in June 2028, provided the recipient remains in the Group's
employ.
Number of securities : 11 336
Class of securities : Ordinary shares
Value of transaction : R1 441 712 based on the closing market price of R127.18 on 27 June 2025.
Consideration : Nil
Nature of interest : Direct, beneficial
Clearance obtained : Yes
Cape Town
01 July 2025
JSE Sponsor:
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 01-07-2025 05:36:00
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