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TRUWORTHS INTERNATIONAL LIMITED - Dealings in company securities

Release Date: 06/03/2020 16:35
Code(s): TRU     PDF:  
 
Wrap Text
Dealings in company securities

TRUWORTHS INTERNATIONAL LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1944/017491/06)
JSE Code: TRU; NSX Code: TRW
ISIN: ZAE000028296
("the company")

DEALINGS IN COMPANY SECURITIES

Notice is hereby given, in terms of paragraphs 3.63 to 3.65 of the Listings Requirements of the JSE
Limited, of the following transactions in respect of the company’s shares by executive directors and
the company secretary of the company and by an executive director of a major subsidiary of the
company (collectively “the participants”):

All awards of shares (in which the interests of all the participants are direct and beneficial) are subject
to performance conditions (unless otherwise noted), were made on 3 March 2020 and accepted by
6 March 2020, are pursuant to the company’s 2012 share plan, vest over a 4 or 5 year period at the
percentages per annum specified below, relate to the ordinary shares of the company, were made at
the 5 day volume weighted average price of R47.0503 per share immediately prior to the award date,
have received the prescribed clearance and took place off-market.

Name of director                   :   David Brian Pfaff
Group Chief Operating Officer of   :   Truworths International Limited
Nature of Transaction              :   Performance shares accepted
Number of shares                   :   21 254
Total Value                        :   R 1 000 000
Vesting Profile (% pa)             :   0%, 0%, 20%, 30%, 50%

Name of director                   :   Douglas Norman Dare
Executive Director                 :   Truworths International Limited
Nature of Transaction              :   Performance shares accepted
Number of shares                   :   10 627
Total Value                        :   R 500 000
Vesting Profile (% pa)             :   0%, 0%, 20%, 30%, 50%

Name of director                   :   Sarah Jane Proudfoot
Executive Director                 :   Truworths International Limited
Nature of Transaction              :   Performance shares accepted
Number of shares                   :   10 627
Total Value                        :   R 500 000
Vesting Profile (% pa)             :   0%, 0%, 20%, 30%, 50%

Name of director                   :   Sean Furlong
Executive Director                 :   Truworths Limited
Nature of Transaction              :   Performance shares accepted
Number of shares                   :   8502
Total Value                        :   R 400 000
Vesting Profile (% pa)             :   0%, 0%, 40%, 60%

Name of company secretary          :   Christopher Durham
Company Secretary                  :   Truworths International Limited
Nature of Transaction              :   50% Performance shares and 50% Restricted shares accepted
Number of shares                   :   6 377
Total Value                        :   R 300 000
Vesting Profile (% pa)             :   0%, 0%, 40%, 60%


6 March 2020

Sponsor in South Africa
One Capital

Sponsor in Namibia
Merchantec Capital

Date: 06-03-2020 04:35:00
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