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DISTRIB. AND WAREHOUSING NETWORK LD - Allocation and acceptance of long term incentive plan shares by an executive director

Release Date: 25/04/2017 17:00
Code(s): DAW     PDF:  
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Allocation and acceptance of long term incentive plan shares by an executive director

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 AN EXECUTIVE DIRECTOR
In compliance with paragraph 3.63 of the JSE Limited Listings Requirements, the following information is disclosed in
respect of an off-market transaction in securities:

Name of director:                                             Edwin Hewitt
Date of acceptance:                                           25 April 2017
Nature of transaction:                                        Acceptance of Long Term Incentive Plan Share award
Number of shares:                                             4 600 000
Vesting date:                                                 30 June 2019
Allocated Price:                                              R1.03
Total value:                                                  R 4 738 000
Nature of interest:                                           Direct Beneficial
Clearance obtained:                                           Yes


25 April 2017

Germiston
Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd

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