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WOOLWORTHS HOLDINGS LIMITED - Dealing in securities by share scheme, directors, directors of a major subsidiary and the group company secretary

Release Date: 12/09/2019 07:30
Code(s): WHL WHL02 WHL03 WHL01     PDF:  
 
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Dealing in securities by share scheme, directors, directors of a major subsidiary and the group company secretary

Woolworths Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number 1929/001986/06
Share code: WHL
ISIN: ZAE000063863
Bond company code: WHLI
("WHL" or the "Company" or "the Group")

DEALING IN SECURITIES BY SHARE SCHEME, DIRECTORS, DIRECTORS OF A MAJOR
SUBSIDIARY AND THE GROUP COMPANY SECRETARY

In compliance with the JSE Limited Listings Requirements, the following information is
disclosed:

1.   DEALINGS IN SECURITIES BY A SHARE INCENTIVE SCHEME

     Name                                    WHL Retention Share Plan
     Date of transaction                     10 September 2019
     Nature of transaction                   On-market sale of shares in terms of the
                                             Company’s Retention Share Plan
     Class of securities                     Ordinary shares
     Number of shares                        458 721
     Volume weighted average sale price      5442.99
     Highest sale price                      5487 cents
     Lowest sale price                       5411 cents
     Total value of transaction              R24 968 138.16
     Nature of interest                      Indirect non-beneficial (sold on behalf of
                                             participants)
     Clearance obtained                      Yes

2.   ACCEPTANCE OF ALLOCATIONS UNDER THE COMPANY’S PERFORMANCE SHARE
     PLAN (“PSP”)

     The following annual allocations of conditional shares have been awarded to and accepted off-
     market by directors of the Company; the director of David Jones Proprietary Limited (“DJ”), a
     major subsidiary of the Company; the director and company secretary of DJ; and the Group
     Company Secretary on 10 September 2019, in accordance with the Group’s Remuneration
     Policy. Vesting, which occurs after three years, is subject to the achievement of certain
     performance conditions.

     Directors of WHL           Scheme        Number of          Grant price     Transaction
                                              conditional                        value
                                              shares granted

     Zyda Rylands               PSP           171,012            R51.78*         R8,855,001
     Reeza Isaacs               PSP           119,967            R51.78*         R6,211,891
     Sam Ngumeni                PSP           142,918            R51.78*         R7,400,294
     Director of DJ
     Scott Fyfe                 PSP           194,826            R51.78*         R10,088,050
     Director & Company
     Secretary of DJ
     Matthew Fitzgerald         PSP           41,416             R51.78*         R2,144,520
     Group Company
     Secretary
     Chantel Reddiar            PSP           68,656             R51.78*         R3,555,007

Clearance has been received in respect of the above transactions. All interests are direct and beneficial.
* Representing the five-day volume weighted average traded price of the Company’s shares.

Cape Town
12 September 2019

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 12/09/2019 07:30:00
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