2018-12-21

RCL FOODS LIMITED - Dealings in securities by directors


RCL 201812210036A
Dealings in securities by directors

RCL FOODS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1966/004972/06)
ISIN: ZAE000179438
Share Code: RCL

DEALINGS IN SECURITIES BY DIRECTORS

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

Conditional shares vested and accepted in terms of the RCL Foods Limited
Conditional Share Plan and subsequent disposal of vested shares:

Director : M Dally
Company : RCL Foods Limited
Date of transaction : 14 December 2018
Nature of transaction : Off market vesting and acceptance of
conditional shares
Class of securities : Ordinary shares
Number of conditional shares : 432,711
Value per share* : R16.82
Total value of transaction : R7,278,199.02
Nature of interest : Direct beneficial
Clearance obtained : Yes

Date of transaction : 21 December 2018
Nature of transaction : Off market sale of securities
Class of securities : Ordinary shares
Number of securities : 432,711
Selling price per share : R14.8949
Total value of transaction : R6,445,187.07
Nature of interest : Direct beneficial
Clearance obtained : Yes

Director : R H Field
Company : RCL Foods Limited
Date of transaction : 14 December 2018
Nature of transaction : Off market vesting and acceptance of
conditional shares
Class of securities : Ordinary shares
Number of conditional shares : 324,533
Value per share* : R16.82
Total value of transaction : R5,458,645.06
Nature of interest : Direct beneficial
Clearance obtained : Yes

Date of transaction : 21 December 2018
Nature of transaction : Off market sale of securities
Class of securities : Ordinary shares
Number of securities : 150,000
Selling price per share : R14.8949
Total value of transaction : R2,234,235.00
Nature of interest : Direct beneficial
Clearance obtained : Yes

* 5 Day VWAP as at listing application date being 7 December 2018.


Durban
21 December 2018

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

Date: 21/12/2018 12:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ("JSE").
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2018-11-21

RCL - change to the board


Shareholders were advised that Dr Penny Moumakwa has been appointed as a non-executive director of the Company, with effect from 1 January 2019.

2018-11-20

RCL - report on proceedings at AGM


At the 52nd (fifty second) annual general meeting ("AGM") of the shareholders of RCL FOODS held on Tuesday, 20 November 2018, all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes.