DISTRIB. AND WAREHOUSING NETWORK LD - Allocation and acceptance of long term incentive plan shares by directors and directors of major subsidiaries

Allocation and acceptance of long term incentive plan shares by directors and directors of major subsidiaries

Distribution and Warehousing Network Limited
(Incorporated in the Republic of South Africa)
(Registration number 1984/008265/06)
Share code: DAW & ISIN code: ZAE000018834
(“Dawn”)
ALLOCATION AND ACCEPTANCE OF LONG TERM INCENTIVE PLAN SHARES BY EXECUTIVE DIRECTORS AND DIRECTORS OF MAJOR SUBSIDIARIES
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information is disclosed in respect of off-market
transactions in securities:


Name of director:                                                            RD Roos
Date of acceptance:                                                          6 September 2016
Nature of transaction:                                                       Acceptance of Long Term Incentive Plan Share award
Number of shares:                                                            973 548
Vesting date:                                                                30 June 2019
Allocated Price:                                                             R 2.31
Total value:                                                                 R 2 248 895.88
Nature of interest:                                                          Direct Beneficial
Clearance obtained:                                                          Yes




Name of director:                                                            H Bester
Date of acceptance:                                                          6 September 2016
Nature of transaction:                                                       Acceptance of Long Term Incentive Plan Share award
Number of shares:                                                            116 939
Vesting date:                                                                30 June 2019
Allocated Price:                                                             R 2.31
Total value:                                                                 R 270 129.09
Nature of interest:                                                          Direct Beneficial
Clearance obtained:                                                          Yes




Name of director:                                                            LG Baeta
Date of acceptance:                                                          6 September 2016
Nature of transaction:                                                       Acceptance of Long Term Incentive Plan Share award
Number of shares:                                                            975 768
Vesting date:                                                                30 June 2019
Allocated Price:                                                             R 2.31
Total value:                                                                 R 2 254 024.08
Nature of interest:                                                          Direct Beneficial
Clearance obtained:                                                          Yes
Relationship:                                                                Wholesale Housing Supplies Proprietary Limited Director (Major subsidiary)


Name of director:                                                            BW Maroleni
Date of acceptance:                                                          6 September 2016
Nature of transaction:                                  Acceptance of Long Term Incentive Plan Share award
Number of shares:                                       87 227
Vesting date:                                           30 June 2019
Allocated Price:                                        R 2.31
Total value:                                            R 201 494.37
Nature of interest:                                     Direct Beneficial
Clearance obtained:                                     Yes
Relationship:                                           Wholesale Housing Supplies Proprietary Limited Director (Major subsidiary)


Name of director:                                       SJ Connelly
Date of acceptance:                                     6 September 2016
                                                        Acceptance of cash settled incentive, subject to the Long Term Incentive Plan
Nature of transaction:                                  vesting criteria
Number of shares:                                       2 175 834
Vesting date:                                           30 June 2019
Allocated Price:                                        R 2.31
Total value:                                            R 5 026 176.54
Nature of interest:                                     Direct Beneficial
Clearance obtained:                                     Yes




9 September 2016
Johannesburg
Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd

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