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WOOLWORTHS HOLDINGS LIMITED - Retraction and replacement of announcement: Dealings in securities by an associate of a director

Release Date: 02/10/2015 17:40
Code(s): WHL     PDF:  
Wrap Text
Retraction and replacement of announcement:  Dealings in securities by an associate of a director

Woolworths Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1929/001986/06)
Share code: WHL
ISIN: ZAE000063863
("WHL")

RETRACTION AND REPLACEMENT OF ANNOUNCEMENT: DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR

1.     Shareholders are referred to the director’s dealings announcement released on the Stock
       Exchange News Services earlier today, wherein it was disclosed that Ian Moir had
       concluded transactions in relation to options sold and the corresponding WHL shares
       held.

       Shareholders are now advised that the conclusion of the transaction will only be effective
       14 October 2015 being the expiry date of the zero-cost collar hedging transaction entered
       into on 16 September 2014. Accordingly shareholders are advised to disregard the
       earlier announcement in relation to this transaction.

2.     In compliance with the JSE Listings Requirements, the following information is
       disclosed:

       Associate of a director                   :   Versim Investments (Pty) Ltd
       Name of director                          :   Simon Susman
       Nature of transaction                     :   On-market sale of shares
       Date of transaction                       :   1 October 2015
       Class of securities                       :   Ordinary shares
       Number of shares                          :   130 000
       Volume weighted average sale price        :   9 808.18 cents per share
       Highest price                             :   9 850.00 cents per share
       Lowest price                              :   9 800.00 cents per share
       Total value of transaction                :   R12 750 634.00
       Nature of interest                        :   Indirect beneficial
       Clearance obtained                        :   Yes



Cape Town
2 October 2015

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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