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TRUWORTHS INTERNATIONAL LIMITED - Dealings in securities by executive directors & the company secretary & executive directors of a major subsidiary

Release Date: 04/10/2024 16:45
Code(s): TRU     PDF:  
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Dealings in securities by executive directors & the company secretary & executive directors of a major subsidiary

TRUWORTHS INTERNATIONAL LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1944/017491/06)
JSE and A2X Code: TRU
NSX Code: TRW
ISIN: ZAE000028296
LEI: 37890099AFD770037522
("the company")

DEALINGS IN THE COMPANY'S SECURITIES BY EXECUTIVE DIRECTORS AND THE COMPANY
SECRETARY OF THE COMPANY AND EXECUTIVE DIRECTORS OF A MAJOR SUBSIDIARY OF THE
COMPANY

Notice is hereby given, in terms of paragraphs 3.63 to 3.66 of the Listings Requirements of the JSE Limited,
of the following transactions in respect of the company's shares by executive directors and the company
secretary of the company, and executive directors of a major subsidiary of the company (collectively "the
participants").

Sales of vested shares

All transactions, for which the prescribed clearance was given, are in respect of the sale of ordinary shares
of the company (in which the participants transacting have a 100% direct and beneficial interest) and were
executed on-market on 2 October 2024. The transactions relate to shares that vested during that period and
which were held in terms of the company's share schemes. The shares were sold at a volume weighted
average selling price of R107.3069 (high R110.03; low R104.00), unless otherwise stated, and were
undertaken to settle the tax due or loan repayable (if applicable) on vesting to enable the balance of the
shares vested to be retained by participants, or otherwise to rebalance the investment portfolios of the
participants:

Name                                 :   Michael Samuel Mark
Executive director                   :   Truworths International Limited
Number of shares sold                :   300 534
Total selling price                  :   R32 249 372

Name                                 :   Sarah Jane Proudfoot
Executive director                   :   Truworths International Limited
Number of shares sold                :   92 863
Total selling price                  :   R9 964 841

Name                                 :   Emanuel Francis Peter Maria Cristaudo
Executive director                   :   Truworths International Limited
Number of shares sold                :   40 802
Total selling price                  :   R4 378 336

Name                                 :   Christopher Durham
Company secretary                    :   Truworths International Limited
Number of shares sold                :   38 512
Total selling price                  :   R4 132 603

Name                                 :   Myles Stafford Apsey
Executive director                   :   Truworths Limited
Number of shares sold                :   43 812
Total selling price                  :   R4 701 330

Name                                 :   Jean Bruno Francois Baissac
Executive director                   :   Truworths Limited
Number of shares sold                :   91 457
Total selling price                  :   R9 813 967

Name                                 :   Gary Lewnser Barnard
Executive director                   :   Truworths Limited
Number of shares sold                :   55 820
Total selling price                  :   R5 989 871

Name                                 :   Sharon Lynette Malander
Executive director                   :   Truworths Limited
Number of shares sold                :   46 908
Total selling price                  :   R5 033 552

Name                                 :   Zamira Mowzer
Executive director                   :   Truworths Limited
Number of shares sold                :   37 814
Total selling price                  :   R4 057 703

Name                                 :   Peter Sven Shackleton
Executive director                   :   Truworths Limited
Number of shares sold                :   43 812
Total selling price                  :   R4 701 330

Name                                 :   Gavin John Teixeira
Executive director                   :   Truworths Limited
Number of shares sold                :   52 194
Total selling price                  :   R5 600 776

Exercise of options

The transaction, for which the prescribed clearance was given, is in respect of the exercise of options
resulting in the off-market purchase of ordinary shares of the company (in which the participant has a 100%
direct and beneficial interest) at a strike price of R73.80 and the simultaneous on-market sale of these
shares, on 30 September 2024.

The share options were originally awarded on 1 December 2010 in terms of the company's legacy
1998 share scheme and were due to expire on 31 May 2025. The shares were sold at price of R110.40.

Name                                 :   Jean Bruno Francois Baissac
Executive director                   :   Truworths Limited
Number of shares sold                :   1 424
Total selling price                  :   R157 210

Award of shares

The award of shares (in which the participant has a 100% direct and beneficial interest) is, unless otherwise
noted, subject to performance conditions. The award, made on 3 October 2024 and accepted on
3 October 2024, is pursuant to the company's 2012 share plan and vests over a 3 year period at the
percentage per annum specified below.

The award, which relates to the ordinary shares of the company, was made at the 5 day volume weighted
average price of R108.39 per share immediately prior to the award date, has received the prescribed
clearance and took place off-market.

Name                                 :   Christopher Durham
Company secretary                    :   Truworths International Limited
Nature of transaction                :   Performance and restricted shares accepted
Number of shares                     :   1 615 performance shares; 1 615 restricted shares
Total value                          :   R350 100 (R175 050 performance shares; R175 050 restricted
                                         shares)
Vesting profile (% pa)               :   0%, 0%, 100%


Cape Town
4 October 2024

Sponsor in South Africa
One Capital

Sponsor in Namibia
Merchantec Capital

Date: 04-10-2024 04:45:00
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