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RHODES FOOD GROUP HOLDINGS LIMITED - Dealings in securities by directors and the company secretary

Release Date: 06/12/2019 09:35
Code(s): RFG     PDF:  
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Dealings in securities by directors and the company secretary

RHODES FOOD GROUP HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2012/074392/06)
JSE share code: RFG
ISIN: ZAE000191979

DEALINGS IN SECURITIES BY DIRECTORS AND THE COMPANY SECRETARY

In compliance with the JSE Limited Listings Requirements, the following information is disclosed in relation
to the acceptance of Performance Shares allocated under the Rhodes Food Group 2015 Share Plan
(“Plan”) on 2 December 2019 (“Allocation Date”).

Director                                     :      BAS Henderson
Company                                      :      Rhodes Food Group Holdings Limited
Date of transaction                          :      5 December 2019
Nature of transaction                        :      Off market acceptance of Performance Shares granted
                                                    to the director under the terms of the Plan
Class of securities                          :      Options in respect of ordinary shares
Number of options granted                    :      95 779
Performance Share allocation price*          :      R16.96
Total value of transaction                   :      R1 624 411.84
Nature of interest                           :      Direct beneficial
Clearance obtained                           :      Yes

Director                                     :      CC Schoombie
Company                                      :      Rhodes Food Group Holdings Limited
Date of transaction                          :      5 December 2019
Nature of transaction                        :      Off market acceptance of Performance Shares granted
                                                    to the director under the terms of the Plan
Class of securities                          :      Options in respect of ordinary shares
Number of options granted                    :      50 893
Performance Share allocation price*          :      R16.96
Total value of transaction                   :      R863 145.28
Nature of interest                           :      Direct beneficial
Clearance obtained                           :      Yes

Director                                     :      J Mpele
Company                                      :      Rhodes Food Group Proprietary Limited
Date of transaction                          :      6 December 2019
Nature of transaction                        :      Off market acceptance of Performance Shares granted
                                                    to the director under the terms of the Plan
Class of securities                          :      Options in respect of ordinary shares
Number of options granted                    :      34 234
Performance Share allocation price*          :      R16.96
Total value of transaction                   :      R580 608.64
Nature of interest                           :      Direct beneficial
Clearance obtained                           :      Yes

Director                                     :      WP Hanekom
Company                                      :      Rhodes Food Group Proprietary Limited
Date of transaction                          :      5 December 2019
Nature of transaction                        :      Off market acceptance of Performance Shares granted
                                                    to the director under the terms of the Plan
Class of securities                          :      Options in respect of ordinary shares
Number of options granted                    :      41 109
Performance Share allocation price*          :      R16.96
Total value of transaction                   :      R697 208.64
Nature of interest                           :      Direct beneficial
Clearance obtained                           :      Yes

Director                                     :      C Mareka
Company                                      :      Rhodes Food Group Proprietary Limited
Date of transaction                          :      5 December 2019
Nature of transaction                        :      Off market acceptance of Performance Shares granted
                                                    to the director under the terms of the Plan
Class of securities                          :      Options in respect of ordinary shares
Number of options granted                    :      36 633
Performance Share allocation price*          :      R16.96
Total value of transaction                   :      R621 295.68
Nature of interest                           :      Direct beneficial
Clearance obtained                           :      Yes

Director                                     :      C Costaras
Company                                      :      Rhodes Food Group Proprietary Limited
Date of transaction                          :      6 December 2019
Nature of transaction                        :      Off market acceptance of Performance Shares granted
                                                    to the director under the terms of the Plan
Class of securities                          :      Options in respect of ordinary shares
Number of options granted                    :      41 109
Performance Share allocation price*          :      R16.96
Total value of transaction                   :      R697 208.64
Nature of interest                           :      Direct beneficial
Clearance obtained                           :      Yes

Director                                     :      B Lakey**
Company                                      :      Rhodes Food Group Proprietary Limited
Date of transaction                          :      5 December 2019
Nature of transaction                        :      Off market acceptance of Performance Shares granted
                                                    to the director under the terms of the Plan
Class of securities                          :      Options in respect of ordinary shares
Number of options granted                    :      27 106
Performance Share allocation price*          :      R16.96
Total value of transaction                   :      R459 717.76
Nature of interest                           :      Direct beneficial
Clearance obtained                           :      Yes

*     Award price per share is based on a 10-day VWAP ended 29 November 2019.
**    B Lakey is also the Company Secretary of Rhodes Food Group Holdings Limited.

-    The vesting of the Performance Shares is subject to the satisfaction of certain conditions, including
     continued employment and the satisfaction of certain performance criteria.
-    To the extent that the employment and performance criteria have been met the Performance Shares
     will vest on the third anniversary of the Allocation Date.

Groot Drakenstein
6 December 2019

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 06-12-2019 09:35:00
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