NU-WORLD HOLDINGS LIMITED - Dealing in securities by directors and company secretary

Release Date: 23/08/2018 15:28
Code(s): NWL
 
Wrap Text
Dealing in securities by directors and company secretary

NU-WORLD HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1968/002490/06)
Share Code: NWL ISIN code: ZAE000005070
(“Nu-World” or “the Company”)

DEALINGS IN SECURITIES BY DIRECTORS OF NU-WORLD, ITS MAJOR SUBSIDIARY AND
THE COMPANY SECRETARY

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following
information is disclosed by the Company:


 Name of the director:                            M.S. Goldberg

 Designation:                                     Executive Director of Nu-World

 Class of securities                              Ordinary shares

 Date of transaction:                             23 August 2018

 Price per share:                                 R 24.00

 Number of shares:                                40 000

 Value of transaction:                            R 960 000.00

 Nature of transaction:                           Delivery of Nu-World shares in terms of the Nu-
                                                  World Share incentive and Option Scheme
                                                  (off-market transaction)

 Nature of interest:                              Direct, beneficial

 Clearance obtained:                              Yes


 Name of the director:                            JA. Goldberg

 Designation:                                     Executive Director of Nu-World

 Class of securities                              Ordinary shares

 Date of transaction:                             23 August 2018

 Price per share:                                 R 24.00

 Number of shares:                                80 000

 Value of transaction:                            R 1 920 000.00

 Nature of transaction:                           Delivery of Nu-World shares in terms of the Nu-
                                                  World Share incentive and Option Scheme
                                                  (off-market transaction)
Nature of interest:                     Direct, beneficial

Clearance obtained:                     Yes


Name of the director:                   GR Hindle

Designation:                            Executive Director of Nu-World

Class of securities                     Ordinary shares

Date of transaction:                    23 August 2018

Price per share:                        R 24.00

Number of shares:                       80 000

Value of transaction:                   R 960 000.00

Nature of transaction:                  Delivery of Nu-World shares in terms of the Nu-
                                        World Share incentive and Option Scheme
                                        (off-market transaction)

Nature of interest:                     Direct, beneficial

Clearance obtained:                     Yes


Name of the director:                   BH Haikney

Major subsidiary of which a director:   Nu-World Industries (Pty) Limited

Designation:                            Executive Director

Class of securities                     Ordinary shares

Date of transaction:                    23 August 2018

Price per share:                        R 24.00

Number of shares:                       30 000

Value of transaction:                   R 720 000.00

Nature of transaction:                  Delivery of Nu-World shares in terms of the Nu-
                                        World Share incentive and Option Scheme
                                        (off-market transaction)

Nature of interest:                     Direct, beneficial

Clearance obtained:                     Yes


Name of the director:                   H Savadier

Major subsidiary of which a director:   Nu-World Industries (Pty) Limited

Designation:                            Executive Director

Class of securities                     Ordinary shares
Date of transaction:                    23 August 2018

Price per share:                        R 24.00

Number of shares:                       30 000

Value of transaction:                   R 720 000.00

Nature of transaction:                  Delivery of Nu-World shares in terms of the Nu-
                                        World Share incentive and Option Scheme
                                        (off-market transaction)

Nature of interest:                     Direct, beneficial

Clearance obtained:                     Yes


Name of the director:                   D McDonald

Major subsidiary of which a director:   Nu-World Industries (Pty) Limited

Designation:                            Executive Director

Class of securities                     Ordinary shares

Date of transaction:                    23 August 2018

Price per share:                        R 24.00

Number of shares:                       15 000

Value of transaction:                   R 360 000.00

Nature of transaction:                  Delivery of Nu-World shares in terms of the Nu-
                                        World Share incentive and Option Scheme
                                        (off-market transaction)

Nature of interest:                     Direct, beneficial

Clearance obtained:                     Yes


Name of the director:                   J Makamu

Major subsidiary of which a director:   Nu-World Industries (Pty) Limited

Designation:                            Executive Director

Class of securities                     Ordinary shares

Date of transaction:                    23 August 2018

Price per share:                        R 24.00

Number of shares:                       15 000

Value of transaction:                   R 360 000.00

Nature of transaction:                  Delivery of Nu-World shares in terms of the Nu-
                                                     World Share incentive and Option Scheme
                                                     (off-market transaction)

 Nature of interest:                                 Direct, beneficial

 Clearance obtained:                                 Yes


 Name of the director:                               B van der Westhuizen

 Major subsidiary of which a director:               Nu-World Industries (Pty) Limited

 Designation:                                        Executive Director

 Class of securities                                 Ordinary shares

 Date of transaction:                                23 August 2018

 Price per share:                                    R 24.00

 Number of shares:                                   15 000

 Value of transaction:                               R 360 000.00

 Nature of transaction:                              Delivery of Nu-World shares in terms of the Nu-
                                                     World Share incentive and Option Scheme
                                                     (off-market transaction)

 Nature of interest:                                 Direct, beneficial

 Clearance obtained:                                 Yes


The shares delivered to the directors and company secretary ("Directors") as set out in this
announcement were granted to the Directors concerned in terms of the Nu-World Share Incentive and
Option Scheme ("the Scheme") on 1 August 2015 at a strike price of R24.00 per share. In terms of
the provisions of the Scheme, the Directors were entitled to take delivery of the shares from 1 August
2017.

The following dealings were executed to settle the exercise price and tax in respect of the delivery of
the shares in terms of the Scheme:




 Name of the director                               M.S. Goldberg

 Designation:                                       Executive Director of Nu-World

 Class of securities                                Ordinary shares

 Date of transaction                                23 August 2018

 Price per share                                    R36.80

 Number of shares sold                              835

 Total rand value of sale                           R 30 728.00
 Nature of the transaction                          Sale of shares
                                                   (off-market transaction)

Nature and extent of interest in the transaction   Direct, beneficial

Clearance obtained                                 Yes

Name of the director                               J.A. Goldberg

Designation:                                       Executive Director of Nu-World

Class of securities                                Ordinary shares

Date of transaction                                23 August 2018

Price per share                                    R36.80

Number of shares sold                              1 670

Total rand value of sale                           R 61 456.00

Nature of the transaction                          Sale of shares
                                                   (off-market transaction)

Nature and extent of interest in the transaction   Direct, beneficial
Clearance obtained                                 Yes

Name of the director                               G.R. Hindle

Designation:                                       Executive Director of Nu-World

Class of securities                                Ordinary shares

Date of transaction                                23 August 2018

Price per share                                    R36.80

Number of shares sold                              42 974

Total rand value of sale                           R 1 581 443.20

Nature of the transaction                          Sale of shares
                                                   (off-market transaction)

Nature and extent of interest in the transaction   Direct, beneficial

Clearance obtained                                 Yes

Name of director and company secretary             B.H. Haikney

Major subsidiary company of which a director       Nu-World Industries (Pty) Limited

Designation:                                       Executive Director

Class of securities                                Ordinary shares

Date of transaction                                23 August 2018

Price per share                                    R36.80

Number of shares sold                              16 115
Total rand value of sale                           R 593 032.00

Nature of the transaction                          Sale of shares
                                                   (off-market transaction)

Nature and extent of interest in the transaction   Direct, beneficial

Clearance obtained                                 Yes

Name of the director                               H. Savadier

Major subsidiary company of which a director       Nu-World Industries (Pty) Limited

Designation:                                       Executive Director

Class of securities                                Ordinary shares

Date of transaction                                23 August 2018

Price per share                                    R36.80

Number of shares sold                              16 115

Total rand value of sale                           R 593 032.00

Nature of the transaction                          Sale of shares
                                                   (off-market transaction)

Nature and extent of interest in the transaction   Direct, beneficial

Clearance obtained                                 Yes

Name of the director                               D. Macdonald

Major subsidiary company of which a director       Nu-World Industries (Pty) Limited

Designation:                                       Executive Director

Class of securities                                Ordinary Shares

Date of transaction                                23 August 2018

Price per share                                    R36.80

Number of shares sold                              8 058

Total rand value of sale                           R 296 534.40

Nature of the transaction                          Sale of shares
                                                   (off-market transaction)

Nature and extent of interest in the transaction   Direct, beneficial

Clearance obtained                                 Yes

Name of the director                               J. Makamu

Major subsidiary company of which a director       Nu-World Industries (Pty) Limited
 Designation:                                       Executive Director

 Class of securities                                Ordinary Shares

 Date of transaction                                23 August 2018

 Price per share                                    R36.80

 Number of shares sold                              8 058

 Total rand value of sale                           R 296 534.40

 Nature of the transaction                          Sale of shares
                                                    (off-market transaction)

 Nature and extent of interest in the transaction   Direct, beneficial

 Clearance obtained                                 Yes

 Name of the director                               B. Van Der Westhuizen

 Major subsidiary company of which a director       Nu-World Industries (Pty) Limited

 Designation:                                       Executive Director

 Class of securities                                Ordinary Shares

 Date of transaction                                23 August 2018

 Price per share                                    R36.80

 Number of shares sold                              8 058

 Total rand value of sale                           R 296 534.40

 Nature of the transaction                          Sale of shares
                                                    (off-market transaction)

 Nature and extent of interest in the transaction   Direct, beneficial

 Clearance obtained                                 Yes




Johannesburg
23 August 2018

Sponsor
Sasfin Capital (a member of the Sasfin group)

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