THE FOSCHINI GROUP LIMITED - Directors election to receive scrip distribution

Directors election to receive scrip distribution

THE FOSCHINI GROUP LIMITED
Registration number 1937/009504/06
Share code: TFG
ISIN: ZAE000148466
(“TFG” or the “Company”)

Directors election to receive scrip distribution
-
In compliance with the requirements of paragraphs 3.63 to 3.74 of
the JSE Listings Requirements, shareholders are advised of the
following transactions by directors arising from a scrip distribution
entitlement in the company’s ordinary shares and the directors’ decision to
receive the scrip distribution rather than the cash dividend alternative.
The price used in the scrip entitlement calculation (as announced
previously on SENS) is R137.90 per ordinary share.
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Name                     :         M Lewis
Position                 :         Non-executive director
Extent of interest       :         Indirect non-beneficial
Date of transaction      :         22 July 2016
No. of shares received   :         20 512
Total value of transaction:        R2 828 604.80
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Name                     :         E Oblowitz
Position                 :         Non-executive director
Extent of interest       :         Direct beneficial
Date of transaction      :         22 July 2016
No. of shares received   :         61
Total value of transaction:        R8 411.90
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Name                     :         N V Simamane
Position                 :         Non-executive director
Extent of interest       :         Direct beneficial
Date of transaction      :         22 July 2016
No. of shares received   :         46
Total value of transaction:        R6 343.40
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Name                     :         S A Baird
Position                 :         Director of Foschini Retail
                                   Group (Pty) Ltd
Extent of interest       :         Direct beneficial
Date of transaction      :         22 July 2016
No. of shares received   :         555
Total value of transaction:        R76 534.50
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Name                     :         M Mendelsohn
Position                 :         Director of Foschini Retail
                                   Group (Pty) Ltd
Extent of interest       :         Direct beneficial
Date of transaction      :         22 July 2016
No. of shares received   :         8 757
Total value of transaction:        R1 207 590.30
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Name                     :         M Mendelsohn
Position                 :         Director of Foschini Retail
                                   Group (Pty) Ltd
Extent of interest       :         Indirect beneficial
Date of transaction      :         22 July 2016
No. of shares received   :         1 516
Total value of transaction:        R209 056.40
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All the above transactions were done on-market and the pre-
requisite clearances were obtained for these transactions.

Cape Town

27 July 2016

Sponsor:

UBS South Africa Proprietary Limited

Date: 27/07/2016 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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