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Dealings in securities by share scheme and director of a major subsidiary

Buy Woolworths Stocks
Published: 2022-12-09 08:05:40 ET
<<<  go to JSE:WHL company page
Woolworths Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number 1929/001986/06
Share code: WHL
ISIN: ZAE000063863
Bond company code: WHLI
("WHL" or the "Company" or the "Group")

DEALINGS IN SECURITIES BY SHARE SCHEME AND DIRECTOR OF A MAJOR SUBSIDIARY

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

1. DEALING IN SECURITIES BY THE WOOLWORTHS HOLDINGS SHARE TRUST FOR THE WHL RETENTION
   SHARE PLAN (“RSP”)

      Acquisition of securities for allocation to a participant
      Date of transaction                             8 December 2022
      Nature of transaction                           On-market purchase of securities to fulfil
                                                      obligations to a participant of the RSP
      Class of securities                             Ordinary shares
      Number of shares                                60,315
      Volume weighted average purchase price          6963.54 cents per share
      Highest purchase price                          6974 cents per share
      Lowest purchase price                           6953 cents per share
      Total value of transaction                      R4,200,056.73
      Nature of interest                              Indirect non-beneficial
      Clearance obtained                              Yes

2. ACCEPTANCE OF CONDITIONAL ALLOCATION UNDER THE COMPANY’S RSP

The following allocation of conditional ordinary shares under the Company’s RSP has been awarded to and
accepted off-market by a director of Woolworths Proprietary Limited (“WSA”), a major subsidiary of the
Company, on 8 December 2022, in accordance with the Group’s Remuneration Policy. Vesting of the RSP
allocation occurs after five years, subject to the achievement of certain performance conditions, to the
extent that these have been satisfied.

Director                              Melanie Naidu
Company                               WSA
Date of transaction                   8 December 2022
Nature of transaction                 Off-market acceptance of conditional shares in terms of the
                                      RSP
Class of securities                   Ordinary shares
Number of shares                      60,315
Grant price                           6963.54 cents per share
Total value of transaction            R4,200,056.73
Nature of interest                    Direct beneficial
Clearance obtained                    Yes

Cape Town
09 December 2022

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