BARLOWORLD LIMITED - Dealings in securities by directors of a major subsidiary of Barloworld Limited

Dealings in securities by directors of a major subsidiary of Barloworld Limited

Barloworld Limited
(Incorporated in the Republic of South Africa)
(Registration number 1918/000095/06)
(Income Tax Registration number 9000/051/71/5)
(Share code: BAW)
(JSE ISIN: ZAE000026639)
(Share code: BAWP)
(JSE ISIN: ZAE000026647)
(Namibian Stock Exchange share code: BWL)
("Barloworld” or “the Company")

DEALINGS IN SECURITIES BY DIRECTORS OF A MAJOR SUBSIDIARY OF BARLOWORLD
LIMITED

In terms of the Barloworld Forfeitable Share Plan (FSP) forfeitable
shares were granted to senior management of the Barloworld Group on 29
March 2017. The FSP shares vest over a period of three years. 75% of the
FSP shares granted to executive directors and prescribed officers and
25% of FSP shares granted to other senior managers were subject to
performance conditions. The performance conditions in relation to HEPS,
TSR have been 100% met and RONOA has been 81.8% met therefore 93.93% of
the FSP performance condition shares will vest.

In compliance with rule 3.63 to 3.74 of the JSE Listings Requirements,
the following information is disclosed:

Director:                Litha Nkombisa
Company:                 Barloworld South Africa (Pty) Ltd – major
                         subsidiary of Barloworld Ltd
Date of transaction:     26 March 2020
Class of security:       Ordinary shares
Nature of transaction:   On market sale of shares that have vested under
                         the FSP
Number of FSPs:          9 033
Date of grant:           29 March 2017
Price per share:         R65.3138
Total value:             R589 979.56
Vesting period:          Three years after date of grant


Director:                Tantaswa Fubu
Company:                 Barloworld South Africa (Pty) Ltd – major
                         subsidiary of Barloworld Ltd
Date of transaction:     26 March 2020
Class of security:       Ordinary shares
Nature of transaction:   On market sale of shares that have vested under
                         the FSP
Number of FSPs:          6 714
Date of grant:           29 March 2017
Price per share:         R65.3138
Total value:             R438 516.85
Vesting period:          Three years after date of grant


Director:                Andronicca Masemola
Company:                 Barloworld South Africa (Pty) Ltd – major
                         subsidiary of Barloworld Ltd
Date of transaction:     26 March 2020
Class of security:       Ordinary shares
Nature of transaction:   On market sale of shares that have vested under
                         the FSP
Number of FSPs:          5 988
Date of grant:           29 March 2017
Price per share:         R65.3138
Total value:             R391 099.03
Vesting period:          Three years after date of grant


Director:                Matimba Mahange
Company:                 Barloworld South Africa (Pty) Ltd – major
                         subsidiary of Barloworld Ltd
Date of transaction:     26 March 2020
Class of security:       Ordinary shares
Nature of transaction:   On market sale of shares that have vested under
                         the FSP
Number of FSPs:          12 842
Date of grant:           29 March 2017
Price per share:         R65.3138
Total value:             R838 759.82
Vesting period:          Three years after date of grant


Confirmation of          The necessary clearance to deal has been obtained
clearance

Sandton

31 March 2020

Sponsor: Nedbank Corporate and Investment Banking

Date: 31-03-2020 04:22:00
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