Wrap Text
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. 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.