Granting of rights to participate in the 2013 WBHO share plan approved by shareholders at the Annual General Meeting
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”)
GRANTING OF RIGHTS TO PARTICIPATE IN THE 2013 WBHO SHARE PLAN APPROVED BY SHAREHOLDERS AT
THE ANNUAL GENERAL MEETING IN NOVEMBER 2014
Executive Directors, Prescribed Officers and the Company Secretary have been granted rights (off market) to
participate in the Company’s share incentive plan as follows:
Performance share awards, which are subject to performance conditions and vest after three years.
E L Nel 17,000 conditional awards
C V Henwood 16,000 conditional awards
P J Foley 16,000 conditional awards
SN Gumede 6,000 conditional awards
E A Mashishi 12,000 conditional awards
S Vally-Kara 5,000 conditional awards
Share appreciation rights, which are subject to performance conditions and vest in equal thirds no earlier than
the third, fourth and fifth anniversaries, with a grant price of R144.85.
E L Nel 18,500 rights
C V Henwood 17,500 rights
P J Foley 17,500 rights
R SN Gumede 6,000 rights
E A Mashishi 13,000 rights
S Vally-Kara 4,000 rights
The effective date of the above transactions will be 13 December 2018, approval for the individual allocations
has been given by the Remuneration Committee.
By order of the board
14 December 2018
Sponsor: Investec Bank Limited
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