WHL: WOOLWORTHS HOLDINGS LIMITED - Dealings in securities by share scheme, directors, director of major subsidiaries and the group company secretary |
WHL: WOOLWORTHS HOLDINGS LIMITED - Dealings in securities by share scheme, directors, director of major subsidiaries and the group company secretary Dealings in securities by share scheme, directors, director of major subsidiaries 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') DEALINGS IN SECURITIES BY SHARE SCHEME, DIRECTORS, DIRECTOR OF MAJOR SUBSIDIARIES AND THE GROUP COMPANY SECRETARY In compliance with the JSE Limited Listings Requirements, the following information is disclosed: 1. DEALINGS IN SECURITIES BY THE WHL RETENTION SHARE PLAN ('RSP') 1.1 Sale of forfeited securities Date of transaction 17 September 2020 Nature of transaction On-market sale of forfeited securities in terms of the RSP Class of securities Ordinary shares Number of shares 987,950 Volume weighted average sale price 3488.28 cents per share Highest sale price 3553.00 cents per share Lowest sale price 3456.00 cents per share Total value of transaction R34,462,462.30 Nature of interest Indirect non-beneficial Clearance obtained Yes 1.2 Acquisition of securities for allocation to participants Date of transaction 17 September 2020 Nature of transaction On-market purchase of securities to fulfil obligations to participants of the RSP Class of securities Ordinary shares Number of shares 1,973,171 Volume weighted average sale price 3504.91 cents per share* Highest sale price 3611.00 cents per share Lowest sale price 3468.00 cents per share Total value of transaction R69 157 867.70 Nature of interest Indirect non-beneficial Clearance obtained Yes 2. ACCEPTANCE OF ALLOCATIONS UNDER THE RSP Grants have been awarded at the discretion of the Remuneration Committee in order to retain and motivate employees who are key to the delivery of the Group´s long-term strategy. Vesting, which occurs after three years, is subject to the achievement of certain performance conditions. The following awards have been accepted off-market on 17 September 2020: Directors of WHL Scheme Number of Grant price* Transaction conditional value shares granted Roy Bagattini RSP 663,356 As detailed in 1.2 R23,250,030.78 Sam Ngumeni RSP 671,424 As detailed in 1.2 R23,532,806.92 Clearance has been received in respect of the above transactions. All interests are direct and beneficial. 3. ACCEPTANCE OF CONDITIONAL ALLOCATIONS UNDER THE COMPANY´S PERFORMANCE SHARE PLAN ('PSP') The following annual allocations of conditional ordinary shares have been awarded to and accepted off-market by directors of the Company, director and CEO of the Country Road Group Proprietary Limited ('CRG'), director and Company Secretary of David Jones Proprietary Limited ('DJ') and CRG, both major subsidiaries of the Company, and the Group Company Secretary on 21 September 2020, in accordance with the Group´s Remuneration Policy. Vesting, which occurs after three years, is subject to the achievement of certain performance conditions to the extent that these are met. Directors of WHL Scheme Number of Grant price# Transaction conditional value shares granted Zyda Rylands PSP 266,808 R35.18 R9,386,305 Reeza Isaacs PSP 187,168 R35.18 R6,584,570 Sam Ngumeni PSP 222,976 R35.18 R7,844,296 Director & CEO of the CRG Scott Fyfe PSP 346,723 R35.18 R12,197,715 Director & Company Secretary of DJ and CRG Matthew Fitzgerald PSP 70,197 R35.18 R2,469,530 Group Company Secretary Chantel Reddiar PSP 101,052 R35.18 R3,555,009 Clearance has been received in respect of the above transactions. All interests are direct and beneficial. The transactions were completed off market. #Representing the five-day volume weighted average traded price of the Company´s shares. 4. DEALINGS IN SECURITIES BY A DIRECTOR, DIRECTOR OF MAJOR SUBSIDIARIES AND THE GROUP COMPANY SECRETARY Director Zyda Rylands Company Woolworths Holdings Limited Date of transaction 22 September 2020 Nature of transaction On-market sale of shares to settle tax obligations arising from vesting of RSPs Class of securities Ordinary shares Number of shares 27,461 Sale price (weighted average) 3318.89 cents per share Highest price 3380.00 cents per share Lowest price 3303.00 cents per share Total value of transaction R911,400.38 Nature of interest Direct beneficial Clearance obtained Yes Director Matthew Fitzgerald Company DJ and CRG, both major subsidiaries of WHL Date of transaction 21 September 2020 Nature of transaction On-market sale of shares Class of securities Ordinary shares Number of shares 11,715 Sale price (weighted average) 3354.89 cents per share Highest price 3501.00 cents per share Lowest price 3294.00 cents per share Total value of transaction R 393,025.36 Nature of interest Direct beneficial Clearance obtained Yes Group Company Secretary Chantel Reddiar Company Woolworths Holdings Limited Date of transaction 17 September 2020 Nature of transaction On-market sale of shares Class of securities Ordinary shares Number of shares 26,674 Volume weighted average sale 3502.71cents per share price Highest price 3519.00 cents per share Lowest price 3463.00 cents per share Total value of transaction R934,312.90 Nature of interest Direct beneficial Clearance obtained Yes Cape Town 23 September 2020 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 23-09-2020 07:05:00 Produced by the JSE SENS Department. 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2020-09-23 07:05:00 Source: JSE News Service (SENS) |
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Woolworths Holdings Ltd. published this content on 23 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 September 2020 05:19:02 UTC