| Thu 1 Sep 2011, 16:52 | | WHL - Woolworths Holdings Limited - Purchase of shares by the company in |
|
WHL
WOWOW
WHL - Woolworths Holdings Limited - Purchase of shares by the company in
terms of the Woolworths long term incentive plan
Woolworths Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1929/001986/06)
Share code: WHL
ISIN: ZAE000063863
("Woolworths", "the group" or "the company")
PURCHASE OF SHARES BY THE COMPANY IN TERMS OF THE WOOLWORTHS LONG TERM
INCENTIVE PLAN ("LTIP")
In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:
Director : Simon Susman
Company : Woolworths Holdings Limited
Date of transaction : 31 August 2011
Nature of transaction : Purchase of shares in terms of LTIP
Class of securities : Ordinary shares
Number of shares : 365,142
Purchase price (weighted average) : R36.3604
Total value of transaction : R13,276,709.18
Highest price : R36.65
Lowest price : R35.15
Nature of interest : Indirect beneficial
Clearance obtained : Yes
Transaction completed : On market
Director : Norman Thomson
Company : Woolworths Holdings Limited
Date of transaction : 31 August 2011
Nature of transaction : Purchase of shares in terms of LTIP
Class of securities : Ordinary shares
Number of shares : 208,688
Purchase price (weighted average) : R36.3604
Total value of transaction : R7,587,979.16
Highest price : R36.65
Lowest price : R35.15
Nature of interest : Indirect beneficial
Clearance obtained : Yes
Transaction completed : On market
Director : Zyda Rylands
Company : Woolworths Holdings Limited
Date of transaction : 31 August 2011
Nature of transaction : Purchase of shares in terms of LTIP
Class of securities : Ordinary shares
Number of shares : 152,847
Purchase price (weighted average) : R36.3604
Total value of transaction : R5,557,578.06
Highest price : R36.65
Lowest price : R35.15
Nature of interest : Indirect beneficial
Clearance obtained : Yes
Transaction completed : On market
Group secretary : Cherrie Lowe
Company : Woolworths Holdings Limited
Date of transaction : 31 August 2011
Nature of transaction : Purchase of shares in terms of LTIP
Class of securities : Ordinary shares
Number of shares : 172,565
Purchase price (weighted average) : R36.3604
Total value of transaction : R6,274,532.43
Highest price : R36.65
Lowest price : R35.15
Nature of interest : Indirect beneficial
Clearance obtained : Yes
Transaction completed : On market
These shares have been purchased in terms of the rules of the Long Term
Incentive Plan. The awards have vested after a three year performance period
and to the extent that the performance conditions have been satisfied. The
company is obliged to purchase shares to settle the value of the vested
portion of the awards. While Mr Susman no longer participates in the group`s
share schemes, this entitlement relates to the period of his employment as
Chief executive officer.
Cape Town
1 September 2011
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 01/09/2011 16:52:01 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
