2016/09/06
WOWOW - WOOLWORTHS HOLDINGS LIMITED - Dealings in securities by directors (directors of a major subsidiary), associate and the company secretary [JSE Securities Exchange - SENS]
 
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.
Source: JSE Securities Exchange - SENS
 
DISCLAIMER: http://www.mcgbfa.com/disclaimer.htm
 
Email
 
Print