WESCOAL HOLDINGS LIMITED - Dealing in securities by a director

Dealing in securities by a director

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

Dealing in securities by a director

In terms of paragraphs 3.63 - 3.66 of the JSE Limited Listings Requirements, the following
information, relating to the dealing in securities, is disclosed:

Name:                        MR Ramaite
Designation:                 Non-Executive Director
Class of securities:         Ordinary shares
Date of transaction:         16 to 18 February 2021
Number of securities:        19 620 854
Price per security:          R1.20
Total value:                 R23 545 024.80
Nature of the transaction:   Purchase of Wescoal ordinary shares on-market by RBFT
                             Investments Proprietary Limited, an associate of Mr Ramaite. Mr
                             Ramaite is a director of, and has an indirect beneficial interest in,
                             RBFT Investments Proprietary Limited.
Extent of interest:          Indirect beneficial
Clearance to deal:           Yes

19 February 2021

Sponsor
Nedbank Corporate and Investment Banking

Date: 19-02-2021 08:32:00
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