2015/10/16
WOWOW - WOOLWORTHS HOLDINGS LIMITED - Dealing in securities by a director [JSE Securities Exchange - SENS]
 
Dealing in securities by a director

Woolworths Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1929/001986/06)
Share code: WHL
ISIN: ZAE000063863
("WHL")

DEALING IN SECURITIES BY A DIRECTOR

Shareholders are referred to the announcement released on SENS on 18 September 2014 regarding
zero-cost collar hedging transactions that were entered into by Ian Moir on 16 September 2014 ("the
collar").

The call options within the zero-cost collar are now due, and since the current share price exceeds the
option strike price on the call options, shareholders are advised that Ian Moir concluded transactions in
relation to his options sold and the corresponding WHL shares held. This has resulted in the disposal of
the affected shares and Ian Moir receiving the amount of the strike price under the options. The
obligations under the options have terminated.

Director                               :         Ian Moir
Company                                :         Woolworths Holdings Limited
Nature of the transaction              :         Sale of ordinary shares and termination of the collar
Date of transaction                    :         14 October 2015
Number of shares sold                  :         575 381
Call strike price                      :         R88.55
Value of transaction                   :         R50 949 987.55
On market/off market                   :         Off market
Expiry date                            :         14 October 2015
Nature of interest                     :         Direct beneficial
Clearance obtained        :         Yes


Cape Town
16 October 2015

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 16/10/2015 11:39:00 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.
Source: JSE Securities Exchange - SENS
 
DISCLAIMER: http://www.mcgbfa.com/disclaimer.htm
 
Email
 
Print