BARLOWORLD LIMITED - Dealings in securities by directors of a major subsidiary of Barloworld Limited

Dealings in securities by directors of a major subsidiary of Barloworld Limited

Barloworld Limited
(Incorporated in the Republic of South Africa)
(Registration number 1918/000095/06)
(Income Tax Registration number 9000/051/71/5)
(Share code: BAW)
(JSE ISIN: ZAE000026639)
(Share code: BAWP)
(JSE ISIN: ZAE000026647)
(Namibian Stock Exchange share code: BWL)
("Barloworld” or “the Company")

DEALINGS IN SECURITIES BY DIRECTORS OF A MAJOR SUBSIDIARY OF BARLOWORLD
LIMITED

In terms of the Barloworld Forfeitable Share Plan (FSP) forfeitable
shares were granted to senior management of the Barloworld Group on 29
March 2017. The FSP shares vest over a period of three years. 75% of the
FSP shares granted to executive directors and prescribed officers and
25% of FSP shares granted to other senior managers were subject to
performance conditions. The performance conditions in relation to HEPS,
TSR have been 100% met and RONOA has been 81.8% met therefore 93.93% of
the FSP performance condition shares will vest.

In compliance with rule 3.63 to 3.74 of the JSE Listings Requirements,
the following information is disclosed:

Director:                Emmy Leeka
Company:                 Barloworld South Africa (Pty) Ltd – major
                         subsidiary of Barloworld Ltd
Date of transaction:     01 December 2020
Class of security:       Ordinary shares
Nature of transaction:   On market sale of shares that have vested under
                         the FSP
Number of FSPs:          511

Highest price per
share:                   R78.5000
Lowest price per
share:                   R74.0000
Average price per
share:                   R76.3799
Total value:             R39 030.13
Vesting period:          Three years after date of grant

Director:                Tantaswa Fubu
Company:                 Barloworld South Africa (Pty) Ltd – major
                         subsidiary of Barloworld Ltd
Date of transaction:     01 December 2020
Class of security:       Ordinary shares
Nature of transaction:   On market sale of shares that have vested under
                         the FSP
Number of FSPs:          377

Highest price per
share:                   R78.5000
Lowest price per
share:                   R74.0000
Average price per
share:                   R76.3799
Total value:             R28 795.22
Vesting period:          Three years after date of grant

Director:                Kamogelo Mmutlana
Company:                 Barloworld South Africa (Pty) Ltd – major
                         subsidiary of Barloworld Ltd
Date of transaction:     01 December 2020
Class of security:       Ordinary shares
Nature of transaction:   On market sale of shares that have vested under
                         the FSP
Number of FSPs:          836
Highest price per
share:                   R78.5000
Lowest price per
share:                   R74.0000
Average price per
share:                   R76.3799
Total value:             R63 853.60
Vesting period:          Three years after date of grant

Confirmation of          The necessary clearance to deal has been obtained
clearance

Sandton

04 December 2020

Sponsor: Nedbank Corporate and Investment Banking

Date: 04-12-2020 03:23:00
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