To view the PDF file, sign up for a MySharenet subscription.

WILSON BAYLY HOLMES-OVCON LIMITED - Directors' and company secretary dealings in shares

Release Date: 17/11/2023 17:00
Code(s): WBO     PDF:  
Wrap Text
Directors' and company secretary dealings in shares

WILSON BAYLY HOLMES - OVCON LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1982/011014/06)
JSE AND A2X Code: WBO
ISIN: ZAE000009932
("WBHO" or "the Company")

DIRECTORS' AND COMPANY SECRETARY'S DEALINGS IN SHARES

In compliance with paragraphs 3.63 to 3.74 of the JSE Listing Requirements, WBHO hereby announces the
following dealings in securities in WBHO:

A.       Vesting of the 2020 allocation of the WBHO Share Plan

As was disclosed in the 2023 Integrated Report, the 2023 allocation of performance shares vested at
approximately 166.67% of the allocation. These shares vested on 17 November 2023 and were transferred off-
market to the affected executives. The interests in these transactions will be directly and beneficially held by the
respective executives.

The respective executive's and prescribed officer's transactions are listed below:

Executives:
 Name of director:                           EL Nel
 Company:                                    Wilson Bayly Holmes-Ovcon Limited
 Deemed price:                               R123.5660
 Shares delivered:                           37,500
 Value of transaction:                       R4,633,725.00

 Name of director:                           WP Neff
 Company:                                    Wilson Bayly Holmes-Ovcon Limited
 Deemed price:                               R123.5660
 Shares delivered:                           52,500
 Value of transaction:                       R6,487,215.00

 Name of director:                           CV Henwood
 Company:                                    Wilson Bayly Holmes-Ovcon Limited
 Deemed price:                               R123.5660
 Shares delivered:                           49,167
 Value of transaction:                       R6,075,369.52

Prescribed officers:
 Name of prescribed officer:                 AF De Necker
 Company:                                    Wilson Bayly Holmes-Ovcon Limited
 Deemed price:                               R123.5660
 Shares delivered:                           47,500
 Value of transaction:                       R5,869,385.00

 Name of prescribed officer:                 PJ Foley
 Company:                                    Wilson Bayly Holmes-Ovcon Limited
 Deemed price:                               R123.5660
 Shares delivered:                           47,500
 Value of transaction:                       R5,869,385.00

 Name of prescribed officer:                 CA Jessop
 Company:                                    Wilson Bayly Holmes-Ovcon Limited
 Deemed price:                               R123.5660
 Shares delivered:                           47,500
 Value of transaction:                       R5,869,385.00

 Name of prescribed officer:                 SN Gumede
 Company:                                    Wilson Bayly Holmes-Ovcon Limited
 Deemed price:                               R123.5660
 Shares delivered:                           25,000
 Value of transaction:                       R3,089,150.00

 Name of prescribed officer:                 AC Logan
 Company:                                    Wilson Bayly Holmes-Ovcon Limited
 Deemed price:                               R123.5660
 Shares delivered:                           25,000
 Value of transaction:                       R3,089,150.00

Company Secretary:
 Name:                                       D Msiska
 Company:                                    Wilson Bayly Holmes-Ovcon Limited
 Deemed price:                               R123.5660
 Shares delivered:                           8,333
 Value of transaction:                       R1,029,675.48

B.      Dealing in securities by an executive director

WBHO announces the following sale of ordinary shares in the Company, on market, by the Chairman, Elia Louw
Nel, who is a direct beneficiary of the proceeds of sale, as part of the process of restructuring his retirement
portfolio:

 Date of transaction:                        14 November 2023
 Number of securities:                       100,000
 Volume-weighted average price per share:    R124.96
 Lowest price per share:                     R124.50
 Highest price per share:                    R125.20
 Total value of transaction before costs:    R12,496,249.35

Clearance was obtained for all transactions

17 November 2023
Johannesburg
Sponsor: Investec Bank Limited

Date: 17-11-2023 05:00:00
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.

Share This Story