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WSL
WSL
WSL - Wescoal Holdings Limited - Directors dealing in securities
WESCOAL HOLDINGS LIMITED
(Previously known as "Abrina 724 Limited")
(Incorporated in the Republic of South Africa)
(Registration number 2005/006913/06)
JSE Share code: WSL ISIN: ZAE000069639
("Wescoal")
Directors Dealing In Securities
In compliance with rule of 3.63 to 3.65 of the JSE Listing Requirements,
the following should be noted:
Name of director: AR Boje
Date of transaction: 29 June 2007
Nature of transaction: Purchase
Price: 62.5 cents per share
Number of shares: 6 240 000
Total amount: R 3 900 000-00
Class of security: Ordinary shares
Nature of interest: Direct beneficial
Clearance obtained: Yes
Name of director: JG Pansegrouw
Date of transaction: 29 June 2007
Nature of transaction: Purchase
Price: 62.5 cents per share
Number of shares: 884 000
Total amount: R 552 500-00
Class of security: Ordinary shares
Nature of interest: Indirect beneficial
Clearance obtained: Yes
In terms of paragraph 3.63 to 3.65 of the JSE Limited Listings
Requirements, the following information relating to a transaction on the
open market of ordinary shares by a director of Wescoal`s major subsidiary,
Chandler Coal (Pty) Limited ("Chandler Coal") is disclosed, as follows:
Name of director: G Botha
Date of transaction: 29 June 2007
Nature of transaction: Purchase
Price: 62.5 cents per share
Number of shares: 4 680 000
Total amount: R 2 925 000-00
Class of security: Ordinary shares
Nature of interest: Direct beneficial
Clearance obtained: Yes
Name of director: G Coetzee
Date of transaction: 29 June 2007
Nature of transaction: Purchase
Price: 62.5 cents per share
Number of shares: 4 680 000
Total amount: R 2 925 000-00
Class of security: Ordinary shares
Nature of interest: Direct beneficial
Clearance obtained: Yes
Name of director: D Joubert
Date of transaction: 29 June 2007
Nature of transaction: Purchase
Price: 62.5 cents per share
Number of shares: 2 600 000
Total amount: R 1 625 000-00
Class of security: Ordinary shares
Nature of interest: Indirect beneficial
Clearance obtained: Yes
The above shares have been purchased from Fikza Investment Holdings (Pty)
Limited ("Fikza") as part of the unwinding of Fikza`s involvement in
Wescoal.
29 June 2007
Johannesburg
Designated Advisor:
Exchange Sponsors (Pty) Ltd
Date: 29/06/2007 09:57:01 Produced by the JSE SENS Department.
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