BARLOWORLD LIMITED - Dealings in securities by directors of a major subsidiary of Barloworld Limited

Dealings in securities by directors of a major subsidiary of Barloworld Limited

Barloworld Limited
(Incorporated in the Republic of South Africa)
(Registration number 1918/000095/06)
(Income Tax Registration number 9000/051/71/5)
(Share code: BAW)
(JSE ISIN: ZAE000026639)
(Share code: BAWP)
(JSE ISIN: ZAE000026647)
(Namibian Stock Exchange share code: BWL)
("Barloworld” or “the Company")

DEALINGS IN SECURITIES BY DIRECTORS OF A MAJOR SUBSIDIARY OF BARLOWORLD
LIMITED

In terms of the Barloworld Forfeitable Share Plan (FSP) forfeitable
shares were granted to senior management of the Barloworld Group on 30
March 2016. The FSP shares vests over a period of three years. 75% of
the FSP shares granted to executive directors and prescribed officers
and 25% of FSP shares granted to other senior managers were subject to
performance conditions. The performance conditions in relation to HEPS,
TSR and RONOA have been 100% met and therefore all the FSP performance
condition shares will vest.

In compliance with rule 3.63 to 3.74 of the JSE Listings Requirements,
the following information is disclosed:


Director:                Litha Nkombisa
Company:                 Barloworld South Africa (Pty) Ltd – major
                         subsidiary of Barloworld Ltd
Date of transaction:     29 March 2019
Class of security:       Ordinary shares
Nature of transaction:   On market sale of shares that have vested under
                         the FSP
Number of FSPs:          15 010
Date of grant:           30 March 2016
Price per share:         R127.0934
Total value:             R1 907 671.93
Vesting period:          Three years after date of grant

Director:                Gale Lemmert
Company:                 Barloworld South Africa (Pty) Ltd – major
                         subsidiary of Barloworld Ltd
Date of transaction:     29 March 2019
Class of security:       Ordinary shares
Nature of transaction:   On market sale of shares that have vested under
                         the FSP
Number of FSPs:          10 890
Date of grant:           30 March 2016
Price per share:         R127.0934
Total value:             R1 384 047.13
Vesting period:          Three years after date of grant

Director:                Don Wilson
Company:                 Barloworld South Africa (Pty) Ltd – major
                         subsidiary of Barloworld Ltd
Date of transaction:     29 March 2019
Class of security:       Ordinary shares
Nature of transaction:   On market sale of shares that have vested under
                         the FSP
Number of FSPs:          38 850
Date of grant:           30 March 2016
Price per share:         R127.0934
Total value:             R4 937 578.59
Vesting period:          Three years after date of grant

Confirmation of          Clearance to deal was granted by a director of
clearance                Barloworld

Sandton

02 April 2019

Sponsor: Nedbank Corporate and Investment Banking

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