WILSON BAYLY HOLMES-OVCON LIMITED - Directors Dealings - Vesting Of The 2014 Allocation Of The WBHO Share Plan

Release Date: 20/03/2018 17:00
Code(s): WBO
 
Wrap Text
Directors Dealings - Vesting Of The 2014 Allocation Of The WBHO Share Plan

WILSON BAYLY HOLMES - OVCON LIMITED
Building and civil engineering contractors
(Registration no. 1982/011014/06)
ISIN No: ZAE 000009932
Share code: WBO
(“WBHO” or “the Company”)



DIRECTORS DEALINGS - VESTING OF THE 2014 ALLOCATION OF THE WBHO SHARE PLAN



As was disclosed in the 2017 Integrated Report, the 2014 allocation of performance shares have
vested as the maximum targets for vesting were met. These shares vested on 16 March 2018 and
were transferred off-market to the affected executives. The interests in these transactions will be
directly and beneficially held by the respective executives.

The respective executive’s transactions are listed below:

 Name of director:                      EL Nel
 Company:                               Wilson Bayly Holmes-Ovcon Limited
 Shares delivered:                      57 000
 Deemed price:                          R 153.84
 Value of transaction:                  R 8 768 880

 Name of director:                      CV Henwood
 Company:                               Wilson Bayly Holmes-Ovcon Limited
 Shares delivered:                      54 000
 Deemed price:                          R153.84
 Value of transaction:                  R 8 307 360

 Name of director:                      PJ Foley
 Company:                               Wilson Bayly Holmes-Ovcon Limited
 Shares delivered:                      54 000
 Deemed price:                          R 153.84
 Value of transaction:                  R 8 307 360

 Name of director:                      RM Smith
 Company:                               Wilson Bayly Holmes-Ovcon Limited
 Shares delivered:                      54 000
 Deemed price:                          R 153.84
 Value of transaction:                  R 8 307 360

 Name of director:                     EA Mashishi
 Company:                              Wilson Bayly Holmes-Ovcon Limited
 Shares delivered:                     30 000
 Deemed price:                         R153.84
 Value of transaction:                 R 4 615 200

 Name of company secretary:            S Vally Kara
 Company:                              Wilson Bayly Holmes-Ovcon Limited
 Shares delivered:                     15 000
 Deemed price:                         R153.84
 Value of transaction:                 R 2 307 600




By order of the board
Johannesburg

20 March 2018
Sponsor: Investec Bank Limited

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