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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 Share Appreciation Rights (“SARs”) 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 SARs granted to the director
under the terms of the Plan
Class of securities : Options in respect of ordinary shares
Number of options granted : 98 971
SAR allocation price : R16.96
Total value of transaction : R1 678 548.16
Nature of interest : Direct beneficial
Clearance obtained : Yes
Director : CC Schoombie
Company : Rhodes Food Group Holdings Limited
Date of transaction : 4 December 2019
Nature of transaction : Off market acceptance of SARs granted to the director
under the terms of the Plan
Class of securities : Options in respect of ordinary shares
Number of options granted : 52 929
SAR allocation price : R16.96
Total value of transaction : R897 675.84
Nature of interest : Direct beneficial
Clearance obtained : Yes
Director : J Mpele
Company : Rhodes Food Group Proprietary Limited
Date of transaction : 4 December 2019
Nature of transaction : Off market acceptance of SARs granted to the director
under the terms of the Plan
Class of securities : Options in respect of ordinary shares
Number of options granted : 35 864
SAR allocation price : R16.96
Total value of transaction : R608 253.44
Nature of interest : Direct beneficial
Clearance obtained : Yes
Director : WP Hanekom
Company : Rhodes Food Group Proprietary Limited
Date of transaction : 4 December 2019
Nature of transaction : Off market acceptance of SARs granted to the director
under the terms of the Plan
Class of securities : Options in respect of ordinary shares
Number of options granted : 43 066
SAR allocation price : R16.96
Total value of transaction : R730 399.36
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 SARs granted to the director
under the terms of the Plan
Class of securities : Options in respect of ordinary shares
Number of options granted : 38 378
SAR allocation price : R16.96
Total value of transaction : R650 890.88
Nature of interest : Direct beneficial
Clearance obtained : Yes
Director : C Costaras
Company : Rhodes Food Group Proprietary Limited
Date of transaction : 4 December 2019
Nature of transaction : Off market acceptance of SARs granted to the director
under the terms of the Plan
Class of securities : Options in respect of ordinary shares
Number of options granted : 43 066
SAR allocation price : R16.96
Total value of transaction : R730 399.36
Nature of interest : Direct beneficial
Clearance obtained : Yes
Director : B Lakey*
Company : Rhodes Food Group Proprietary Limited
Date of transaction : 4 December 2019
Nature of transaction : Off market acceptance of SARs granted to the director
under the terms of the Plan
Class of securities : Options in respect of ordinary shares
Number of options granted : 28 396
SAR allocation price : R16.96
Total value of transaction : R481 596.16
Nature of interest : Direct beneficial
Clearance obtained : Yes
* B Lakey is also the Company Secretary of Rhodes Food Group Holdings Limited.
- The vesting of the SARs 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 SARs will vest as
follows:
- One third on the third anniversary of the Allocation Date.
- A second third on the fourth anniversary of the Allocation Date.
- The balance on the fifth 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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