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Acceptance of Shares in terms of the WeBuyCars Conditional Share Plan
WE BUY CARS HOLDINGS LIMITED
Incorporated in the Republic of South Africa
Registration number 2020/632225/06
JSE Share code: WBC
ISIN: ZAE000332789
("WeBuyCars" or "the Company")
ACCEPTANCE OF SHARES IN TERMS OF THE WEBUYCARS CONDITIONAL SHARE PLAN
In compliance with paragraphs 3.63 to 3.74 of the JSE Listings Requirements, the following information
regarding the acceptance of conditional rights to WeBuyCars shares (with a strike price of Rnil) in terms of
the WeBuyCars Conditional Share Plan ("WBC CSP"), by executive directors, a director of a major subsidiary
and the company secretary is disclosed:
NAME OF DIRECTOR ASS van der Walt
COMPANY OF WHICH A DIRECTOR We Buy Cars Holdings Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive director
TYPE AND CLASS OF SECURITIES WBC CSP awards in respect of ordinary
shares
DATE OF TRANSACTION 17 December 2024
PRICE PER SECURITY R42.38 (note 1)
NUMBER OF WEBUYCARS SHARES TO BE 260 534
DELIVERED
DEEMED TOTAL VALUE OF TRANSACTION R11 041 430.92
NATURE OF TRANSACTION Off market acceptance of WBC CSP
awards which vest equally in three
tranches in November 2027, 2028 and
2029 subject to certain performance
conditions.
NATURE AND EXTENT OF INTEREST IN THE Direct beneficial
TRANSACTION
CLEARANCE OBTAINED Yes
NAME OF DIRECTOR DJF van der Walt
COMPANY OF WHICH A DIRECTOR We Buy Cars Holdings Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive director
TYPE AND CLASS OF SECURITIES WBC CSP awards in respect of ordinary
shares
DATE OF TRANSACTION 17 December 2024
PRICE PER SECURITY R42.38 (note 1)
NUMBER OF WEBUYCARS SHARES TO BE 172 816
DELIVERED
DEEMED TOTAL VALUE OF TRANSACTION R7 323 942.08
NATURE OF TRANSACTION Off market acceptance of WBC CSP
awards which vest equally in three
tranches in November 2027, 2028 and
2029 subject to certain performance
conditions.
NATURE AND EXTENT OF INTEREST IN THE Direct beneficial
TRANSACTION
CLEARANCE OBTAINED Yes
NAME OF DIRECTOR CJ Rein
COMPANY OF WHICH A DIRECTOR We Buy Cars Holdings Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive director
TYPE AND CLASS OF SECURITIES WBC CSP awards in respect of ordinary
shares
DATE OF TRANSACTION 17 December 2024
PRICE PER SECURITY R42.38 (note 1)
NUMBER OF WEBUYCARS SHARES TO BE 96 838
DELIVERED
DEEMED TOTAL VALUE OF TRANSACTION R4 103 994.44
NATURE OF TRANSACTION Off market acceptance of WBC CSP
awards which vest equally in three
tranches in November 2027, 2028 and
2029 subject to certain performance
conditions.
NATURE AND EXTENT OF INTEREST IN THE Direct beneficial
TRANSACTION
CLEARANCE OBTAINED Yes
NAME OF DIRECTOR J Mills
COMPANY OF WHICH A DIRECTOR We Buy Cars Proprietary Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive director of a major subsidiary
TYPE AND CLASS OF SECURITIES WBC CSP awards in respect of ordinary
shares
DATE OF TRANSACTION 17 December 2024
PRICE PER SECURITY R42.38 (note 1)
NUMBER OF WEBUYCARS SHARES TO BE 87 128
DELIVERED
DEEMED TOTAL VALUE OF TRANSACTION R3 692 484.64
NATURE OF TRANSACTION Off market acceptance of WBC CSP
awards which vest equally in three
tranches in November 2027, 2028 and
2029, subject to certain performance
conditions.
NATURE AND EXTENT OF INTEREST IN THE Direct beneficial
TRANSACTION
CLEARANCE OBTAINED Yes
NAME OF DIRECTOR PJC Vorster
COMPANY OF WHICH A DIRECTOR We Buy Cars Holdings Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Company Secretary
TYPE AND CLASS OF SECURITIES WBC CSP awards in respect of ordinary
shares
DATE OF TRANSACTION 17 December 2024
PRICE PER SECURITY R42.38 (note 1)
NUMBER OF WEBUYCARS SHARES TO BE 9 845
DELIVERED
DEEMED TOTAL VALUE OF TRANSACTION R417 231.10
NATURE OF TRANSACTION Off market acceptance of WBC CSP
awards which vest equally in three
tranches in November 2027, 2028 and
2029, subject to certain performance
conditions.
NATURE AND EXTENT OF INTEREST IN THE Direct beneficial
TRANSACTION
CLEARANCE OBTAINED Yes
Note 1: the ten-day volume-weighted average price of WeBuyCars shares as at 29 November 2024.
Centurion
18 December 2024
Joint Sponsors to WeBuyCars
PSG Capital Pallidus Exchange Services
Date: 18-12-2024 09:30:00
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