WESCOAL HOLDINGS LIMITED - Disclosure of change in beneficial interests in securities

Disclosure of change in beneficial interests in securities

WESCOAL HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 2005/006913/06)
Share code: WSL
ISIN: ZAE000069639
(“Wescoal” or "the Company")

DISCLOSURE OF CHANGE IN BENEFICAL INTERESTS IN SECURITIES

In accordance with section 122(3)(b) of the Companies Act No. 71 of 2008, as amended and
paragraph 3.83(b) of the JSE Limited Listings Requirements, shareholders are advised that:

-      Plusbay Limited (“Plusbay”) has disposed of a beneficial interest in the ordinary shares of the
       Company, resulting in the beneficial interest in ordinary shares held by Peregrine decreasing
       to 0%; and

-      Gunvor Investments Limited (“Gunvor”), an affiliate of Plusbay, has acquired a beneficial
       interest in the ordinary shares of the Company, resulting in the beneficial interest in ordinary
       shares held by Gunvor increasing to 5.23%.


27 June 2018

Sponsor
Nedbank Corporate and Investment Banking

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