WHL: WOOLWORTHS HOLDINGS LIMITED - Dealings in securities by directors (directors of a major subsidiary), associate and the company secretary |
WHL: WOOLWORTHS HOLDINGS LIMITED - Dealings in securities by directors (directors of a major subsidiary), associate and the company secretary Dealings in securities by directors (directors of a major subsidiary), associate and the company secretary Woolworths Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1929/001986/06) Share code: WHL ISIN: ZAE000063863 ('WHL' or 'company') DEALINGS IN SECURITIES BY DIRECTORS (DIRECTORS OF A MAJOR SUBSIDIARY), ASSOCIATE AND THE COMPANY SECRETARY In compliance with the JSE Limited Listings Requirements, the following information is disclosed: 1. SHARE APPRECIATION RIGHTS SCHEME ('SARS') In terms of the August 2010 SARS allocations, 100% of the allocations vested on 5 September 2016 and the participant qualified for the following awards: Executive director Number of shares Value per share* Transaction value Ian Moir 89,248 8184.72 R7,304,698.91 Clearance has been received in respect of the above off-market transaction. The nature of the executive directors´ interest is direct beneficial. *Representing the 5 day volume weighted average traded price of a Woolworths Holdings Limited share. 2. PERFORMANCE SHARE PLAN ('PSP') In terms of the Woolworths Employee Performance Share Plan participants are entitled to receive conditional share awards, which vest after a three year performance period, subject to performance conditions. The directors and Company secretary of Woolworths Holding Limited as well as directors of David Jones Proprietary Limited, a major subsidiary of the company, accepted the awards on 5 September 2016 in respect of the August 2016 allocations as indicated below: Executive directors Number of shares Grant price (cents) Transaction value Reeza Isaacs 55,498 8786.00 R4,876,054.28 Sam Ngumeni 60,324 8786.00 R5,300,066.64 Zyda Rylands 73,982 8786.00 R6,500,058.52 Company Secretary Chantel Reddiar 65,196 8786.00 R5,728,120.56 David Jones Executive directors John Dixon 221,305 8786.00 R19,443,857.30 Ashley Gardner 46,106 8786.00 R4,050,873.16 Clearance has been received in respect of the above off market transactions. The nature of the interests in respect of the above directors and company secretary, are direct beneficial. 3. DEALING IN SECURITIES BY A DIRECTOR Director : Ian Moir Company : Woolworths Holdings Limited Date of transaction : 05 September 2016 Nature of transaction : On-market sale of shares arising from the August 2010 SARS allocation Class of securities : Ordinary shares Number of shares : 89,248 Sale price (weighted average) : 8131.60 cents per share Highest price : 8171.00 cents per share Lowest price : 8100.00 cents per share Total value transaction : R7,257,290.37 Nature of interest : Direct beneficial Clearance obtained : Yes 4. DIRECTOR ASSOCIATE DEALING Associate of a director : Mrs Veronique Susman Relationship : Wife Name of director : Simon Susman Nature of transaction : On-market sale of shares Date of transaction : 05 September 2016 Class of securities : Ordinary shares Number of shares : 98,800 Sale price (weighted average) : 8100.05 cents per share Highest price : 8120.00 cents per share Lowest price : 8100.00 cents per share Total value of transaction : R8,002,849.40 Nature of interest : Held by associate Clearance obtained : Yes Cape Town 6 September 2016 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 06/09/2016 05:07:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS. |
2016-09-06 17:07:00 Source: JSE News Service (SENS) |
Woolworths Holdings Ltd. published this content on 06 September 2016 and is solely responsible for the information contained herein.
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