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RCL FOODS LIMITED - Dealings in securities by directors

Release Date: 21/12/2018 12:45
Code(s): RCL     PDF:  
Wrap Text
Dealings in securities by directors

RCL FOODS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1966/004972/06)
ISIN: ZAE000179438
Share Code: RCL

DEALINGS IN SECURITIES BY DIRECTORS

In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:

Conditional shares vested and accepted in terms of the RCL Foods Limited
Conditional Share Plan and subsequent disposal of vested shares:

Director                              :   M Dally
Company                               :   RCL Foods Limited
Date of transaction                   :   14 December 2018
Nature of transaction                 :   Off market vesting and acceptance of
                                          conditional shares
Class of securities                   :   Ordinary shares
Number of conditional shares          :   432,711
Value per share*                      :   R16.82
Total value of transaction            :   R7,278,199.02
Nature of interest                    :   Direct beneficial
Clearance obtained                    :   Yes

Date of transaction                   :   21 December 2018
Nature of transaction                 :   Off market sale of securities
Class of securities                   :   Ordinary shares
Number of securities                  :   432,711
Selling price per share               :   R14.8949
Total value of transaction            :   R6,445,187.07
Nature of interest                    :   Direct beneficial
Clearance obtained                    :   Yes

Director                              :   R H Field
Company                               :   RCL Foods Limited
Date of transaction                   :   14 December 2018
Nature of transaction                 :   Off market vesting and acceptance of
                                          conditional shares
Class of securities                   :   Ordinary shares
Number of conditional shares          :   324,533
Value per share*                      :   R16.82
Total value of transaction            :   R5,458,645.06
Nature of interest                    :   Direct beneficial
Clearance obtained                    :   Yes

Date of transaction                   :   21 December 2018
Nature of transaction                 :   Off market sale of securities
Class of securities                   :   Ordinary shares
Number of securities                  :   150,000
Selling price per share               :   R14.8949
Total value of transaction            :   R2,234,235.00
Nature of interest                    :   Direct beneficial
Clearance obtained                    :   Yes

* 5 Day VWAP as at listing application date being 7 December 2018.


Durban
21 December 2018

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

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