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WESCOAL HOLDINGS LIMITED - Dealing in securities by an associate of a director

Release Date: 01/03/2021 11:13
Code(s): WSL     PDF:  
Wrap Text
Dealing in securities by an associate of a director

WESCOAL HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 2005/006913/06)
Share code: WSL
ISIN: ZAE000069639
(“Wescoal” or "the Company")

Dealing in securities by an associate of a director

In terms of paragraphs 3.63 - 3.66 of the JSE Limited Listings Requirements, the following
information, relating to the dealing in securities, is disclosed:

Name of associate:                    RBFT Investments Proprietary Limited
Name of director:                     MR Ramaite
Class of securities:                  Ordinary shares

Date of transaction:                  24 February 2021
Number of securities:                 118 086
Price per security:                   R1.20
Total value:                          R141 703.20

Date of transaction:                  25 February 2021
Number of securities:                 602 435
Price per security:                   R1.20
Total value:                          R722 922.00

Date of transaction:                  26 February 2021
Number of securities:                 7 665 567
Price per security:                   R1.20
Total value:                          R9 198 680.40

Nature of the transaction:

Purchase of Wescoal ordinary shares on-market by RBFT Investments Proprietary Limited, an
associate of Mr Ramaite. Mr Ramaite is a director of, and has an indirect beneficial interest in,
RBFT Investments Proprietary Limited.

Extent of interest of director:      Indirect beneficial
Extent of interest of associate:     Direct beneficial
Clearance to deal:                   Yes

1 March 2021

Sponsor
Nedbank Corporate and Investment Banking

Date: 01-03-2021 11:13:00
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