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WILSON BAYLY HOLMES-OVCON LIMITED - Director dealings -Vesting of the 2015 allocation of the WBHO Share Plan

Release Date: 10/12/2018 14:20
Code(s): WBO     PDF:  
 
Wrap Text
Director dealings  -Vesting of the 2015 allocation of the WBHO Share Plan

WILSON BAYLY HOLMES - OVCON LIMITED

Building and civil engineering contractors

(Registration no. 1982/011014/06)

ISIN No: ZAE 000009932

Share code: WBO

(“WBHO” or “the Company”)



DIRECTORS DEALINGS - VESTING OF THE 2015 ALLOCATION OF THE WBHO SHARE PLAN


As was disclosed in the 2018 Integrated Report, the 2015 allocation of performance shares vested at
the maximum target as the performance conditions were exceeded. These shares vested on 7
December 2018 and were transferred off-market to the affected executives. The interests in these
transactions will be directly and beneficially held by the respective executives.


The respective executive’s transactions are listed below:

 Name of director:                      EL Nel
 Company:                               Wilson Bayly Holmes-Ovcon Limited
 Deemed price:                          R 134.74
 Shares delivered:                      87 000
 Value of transaction:                  R 11 722 380



 Name of director:                      CV Henwood
 Company:                               Wilson Bayly Holmes-Ovcon Limited
 Shares delivered:                      78 000
 Deemed price:                          R 134.74
 Value of transaction:                  R 10 509 720



 Name of director:                      PJ Foley
 Company:                               Wilson Bayly Holmes-Ovcon Limited
 Deemed price:                          R 134.74
 Shares delivered:                      78 000
 Value of transaction:                  R 10 509 720 

 Name of director:                      RM Smith
 Company:                               Wilson Bayly Holmes-Ovcon Limited
 Deemed price:                          R 134.74
 Shares delivered:                      78 000
 Value of transaction:                  R 10 509 720



 Name of director:                      EA Mashishi
 Company:                               Wilson Bayly Holmes-Ovcon Limited
 Deemed price:                          R 134.74
 Shares delivered:                      48 000
 Value of transaction:                  R 6 467 520



 Name of director:                       S Vally-Kara
 Company:                                Wilson Bayly Holmes-Ovcon Limited
 Deemed price:                           R 134.74
 Shares delivered:                       21 000
 Value of transaction:                   R 2 829 540




By order of the board Johannesburg

10 December 2018

Sponsor: Investec Bank Limited

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