Enhanced Investments - Financial Portal

Dealings in securities by directors, directors of a major subsidiary and company secretary

Published: 2023-06-27 17:53:33 ET

THE FOSCHINI GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1937/009504/06)
Share code: TFG
ISIN: ZAE000148466
(“TFG” or “the Company” or “the Group”)

DEALINGS IN SECURITIES BY DIRECTORS, DIRECTORS OF A MAJOR SUBSIDIARY AND
COMPANY SECRETARY

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

Executive director                          :    A E Thunström (CEO)
Date of transaction                         :    26 June 2023
Nature of transaction                       :    On market sale of TFG shares previously granted (with
                                                 time based restrictions) on 19 November 2020 in terms
                                                 of and subject to the rules of the Company's 2020
                                                 Forfeitable Share Plan in order to settle the resultant
                                                 tax obligation
Number of securities granted                :    350 000
Number of securities sold                   :    159 950
Number of securities retained               :    190 050
Class of securities                         :    Ordinary shares
Highest price of shares sold                :    R91.20
Lowest price of shares sold                 :    R88.05
VWAP of shares sold                         :    R88.9845 per share
Total value of transaction                  :    R14 233 070.78
Nature of interest                          :    Direct, beneficial
Clearance obtained                          :    Yes


Executive director                          :    A E Thunström (CEO)
Date of transaction                         :    26 June 2023
Nature of transaction                       :    On market sale of TFG shares previously granted (with
                                                 performance based restrictions) on 19 November 2020
                                                 in terms of and subject to the rules of the Company's
                                                 2020 Forfeitable Share Plan in order to settle the
                                                 resultant tax obligation
Number of securities granted                :    189 227
Number of securities sold                   :    86 476
Number of securities retained               :    102 751
Class of securities                         :    Ordinary shares
Highest price of shares sold                :    R91.20
Lowest price of shares sold                 :    R88.05
VWAP of shares sold                         :    R88.9845 per share
Total value of transaction                  :    R7 695 023.62
Nature of interest                          :    Direct, beneficial
Clearance obtained                          :    Yes


Executive director                          :    B Ntuli (CFO)
Date of transaction                         :    26 June 2023
Nature of transaction                     :   On market sale of TFG shares previously granted (with
                                              performance based restrictions) on 19 November 2020
                                              in terms of and subject to the rules of the Company's
                                              2020 Forfeitable Share Plan in order to settle the
                                              resultant tax obligation
Number of securities granted              :   97 093
Number of securities sold                 :   44 371
Number of securities retained             :   52 722
Class of securities                       :   Ordinary shares
Highest price of shares sold              :   R91.20
Lowest price of shares sold               :   R88.05
VWAP of shares sold                       :   R88.9845 per share
Total value of transaction                :   R3 948 331.25
Nature of interest                        :   Direct, beneficial
Clearance obtained                        :   Yes


Director of Foschini Retail Group (Pty)   :   G S Naidoo
Ltd
Date of transaction                       :   26 June 2023
Nature of transaction                     :   On market sale of TFG shares previously granted (with
                                              performance based restrictions) on 19 November 2020
                                              in terms of and subject to the rules of the Company's
                                              2020 Forfeitable Share Plan
Number of securities granted              :   66 824
Number of securities sold                 :   66 824
Number of securities retained             :   Nil
Class of securities                       :   Ordinary shares
Highest price of shares sold              :   R91.20
Lowest price of shares sold               :   R88.05
VWAP of shares sold                       :   R88.9845 per share
Total value of transaction                :   R5 946 300.23
Nature of interest                        :   Direct, beneficial
Clearance obtained                        :   Yes


Director of Foschini Retail Group (Pty)   :   S A Baird
Ltd
Date of transaction                       :   26 June 2023
Nature of transaction                     :   On market sale of TFG shares previously granted (with
                                              performance based restrictions) on 19 November 2020
                                              in terms of and subject to the rules of the Company's
                                              2020 Forfeitable Share Plan
Number of securities granted              :   66 838
Number of securities sold                 :   66 838
Number of securities retained             :   Nil
Class of securities                       :   Ordinary shares
Highest price of shares sold              :   R91.20
Lowest price of shares sold               :   R88.05
VWAP of shares sold                       :   R88.9845 per share
Total value of transaction                :   R5 947 546.01
Nature of interest                        :   Direct, beneficial
Clearance obtained                        :   Yes


Director of Foschini Retail Group (Pty)   :   J L Fisher
Ltd
Date of transaction                       :   26 June 2023
Nature of transaction                     :   On market sale of TFG shares previously granted (with
                                              performance based restrictions) on 19 November 2020
                                              in terms of and subject to the rules of the Company's
                                              2020 Forfeitable Share Plan in order to settle the
                                              resultant tax obligation
Number of securities granted              :   63 086
Number of securities sold                 :   28 830
Number of securities retained             :   34 256
Class of securities                       :   Ordinary shares
Highest price of shares sold              :   R91.20
Lowest price of shares sold               :   R88.05
VWAP of shares sold                       :   R88.9845 per share
Total value of transaction                :   R2 565 423.14
Nature of interest                        :   Direct, beneficial
Clearance obtained                        :   Yes


Director of Foschini Retail Group (Pty)   :   S E Morley
Ltd
Date of transaction                       :   26 June 2023
Nature of transaction                     :   On market sale of TFG shares previously granted (with
                                              performance based restrictions) on 19 November 2020
                                              in terms of and subject to the rules of the Company's
                                              2020 Forfeitable Share Plan in order to settle the
                                              resultant tax obligation
Number of securities granted              :   62 880
Number of securities sold                 :   28 736
Number of securities retained             :   34 144
Class of securities                       :   Ordinary shares
Highest price of shares sold              :   R91.20
Lowest price of shares sold               :   R88.05
VWAP of shares sold                       :   R88.9845 per share
Total value of transaction                :   R2 557 058.59
Nature of interest                        :   Direct, beneficial
Clearance obtained                        :   Yes


Director of Foschini Retail Group (Pty)   :   J de Kock
Ltd
Date of transaction                       :   26 June 2023
Nature of transaction                     :   On market sale of TFG shares previously granted (with
                                              performance based restrictions) on 19 November 2020
                                              in terms of and subject to the rules of the Company's
                                              2020 Forfeitable Share Plan
Number of securities granted              :   66 825
Number of securities sold                 :   66 825
Number of securities retained         :   Nil
Class of securities                   :   Ordinary shares
Highest price of shares sold          :   R91.20
Lowest price of shares sold           :   R88.05
VWAP of shares sold                   :   R88.9845 per share
Total value of transaction            :   R5 946 389.21
Nature of interest                    :   Direct, beneficial
Clearance obtained                    :   Yes


Company Secretary                     :   D van Rooyen
Date of transaction                   :   26 June 2023
Nature of transaction                 :   On market sale of TFG shares previously granted (with
                                          time based restrictions) on 19 November 2020 in terms
                                          of and subject to the rules of the Company's 2020
                                          Forfeitable Share Plan
Number of securities granted          :   4 505
Number of securities sold             :   4 505
Number of securities retained         :   Nil
Class of securities                   :   Ordinary shares
Highest price of shares sold          :   R91.20
Lowest price of shares sold           :   R88.05
VWAP of shares sold                   :   R88.9845 per share
Total value of transaction            :   R400 875.17
Nature of interest                    :   Direct, beneficial
Clearance obtained                    :   Yes


Company Secretary                     :   D van Rooyen
Date of transaction                   :   26 June 2023
Nature of transaction                 :   On market sale of TFG shares previously granted (with
                                          performance based restrictions) on 19 November 2020
                                          in terms of and subject to the rules of the Company's
                                          2020 Forfeitable Share Plan
Number of securities granted          :   6 931
Number of securities sold             :   6 931
Number of securities retained         :   Nil
Class of securities                   :   Ordinary shares
Highest price of shares sold          :   R91.20
Lowest price of shares sold           :   R88.05
VWAP of shares sold                   :   R88.9845 per share
Total value of transaction            :   R616 751.57
Nature of interest                    :   Direct, beneficial
Clearance obtained                    :   Yes


Cape Town
27 June 2023

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

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.