Posted on

RCL FOODS LIMITED – Dealings in securities by a director and company secretary and directors of major subsidiaries

RCL 201703300050A

Dealings in securities by a director and company secretary and directors of major subsidiaries



RCL FOODS LIMITED

(Incorporated in the Republic of South Africa)

(Registration number: 1966/004972/06)

ISIN: ZAE000179438

Share Code: RCL

(“the Company”)



DEALINGS IN SECURITIES BY A DIRECTOR AND COMPANY SECRETARY AND

DIRECTORS OF MAJOR SUBSIDIARIES



On 6th, 15th and 28th March the Company announced the off-market

acceptance and exercise of share appreciation rights by a director

and company secretary and directors of major subsidiaries. The

following transactions are disclosed in relation to the subsequent

on-market sale of the equivalent number of related securities.



Director : SB Heath

Company : RCL Foods Consumer Pty Ltd, a

major subsidiary of the Company

Date of transaction : 22 March 2017

Nature of transaction : On-market sale of shares

Number of shares : 30,513

Highest price traded : R16.01

Lowest price traded : R16.00

Volume weighted average price : R16.00

Total value of transaction : R488,209.92

Nature of interest : Direct beneficial

Clearance obtained : Yes



Director : M Dally

Company : RCL Foods Ltd

Date of transaction : 22 March 2017

Nature of transaction : On-market sale of shares

Number of shares : 56,300

Highest price traded : R16.01

Lowest price traded : R16.00

Volume weighted average price : R16.00

Total value of transaction : R900,803.56

Nature of interest : Direct beneficial

Clearance obtained : Yes



Director : M Clayton

Company : Vector Logistics Pty Ltd, a major

subsidiary of the Company

Date of transaction : 22 March 2017

Nature of transaction : On-market sale of shares

Number of shares : 2,673

Price : R16.01

Total value of transaction : R42,794.73

Nature of interest : Direct beneficial

Clearance obtained : Yes



Director : S Balidis

Company : RCL Foods Consumer Pty Ltd, a

major subsidiary of the Company

Date of transaction : 22 March 2017

Nature of transaction : On-market sale of shares

Number of shares : 3,327

Highest price traded : R16.01

Lowest price traded : R16.00

Volume weighted average price : R16.00

Total value of transaction : R53,232.86

Nature of interest : Direct beneficial

Clearance obtained : Yes





Director : SA Van Der Merwe

Company : RCL Foods Consumer Pty Ltd, a

major subsidiary of the Company

Date of transaction : 22 March 2017

Nature of transaction : On-market sale of shares

Number of shares : 2,749

Highest price traded : R16.01

Lowest price traded : R16.00

Volume weighted average price : R16.00

Total value of transaction : R43,984.71

Nature of interest : Direct beneficial

Clearance obtained : Yes



Director : WE Schwimmbacher

Company : RCL Foods Consumer Pty Ltd, a

major subsidiary of the Company

Date of transaction : 22 March 2017

Nature of transaction : On-market sale of shares

Number of shares : 16,571

Highest price traded : R16.01

Lowest price traded : R16.00

Volume weighted average price : R16.00

Total value of transaction : R265,140.27

Nature of interest : Direct beneficial

Clearance obtained : Yes



Director : DS Milne

Company : RCL Foods Consumer Pty Ltd, a

major subsidiary of the Company

Date of transaction : 22 March 2017

Nature of transaction : On-market sale of shares

Number of shares : 7,713

Highest price traded : R16.01

Lowest price traded : R16.00

Volume weighted average price : R16.00

Total value of transaction : R123,409.99

Nature of interest : Direct beneficial

Clearance obtained : Yes



Director : PD Cruickshank

Company : RCL Foods Sugar & Milling Pty

Ltd, a major subsidiary of the

Company

Date of transaction : 22 March 2017

Nature of transaction : On-market sale of shares

Number of shares : 4,696

Price : R16.00

Total value of transaction : R75,136.00

Nature of interest : Direct beneficial

Clearance obtained : Yes





Director : WA De Wet

Company : RCL Foods Sugar & Milling Pty

Ltd, a major subsidiary of the

Company

Date of transaction : 24 March 2017

Nature of transaction : On-market sale of shares

Number of shares : 32,217

Highest price traded : R16.10

Lowest price traded : R16.00

Volume weighted average price : R16.01

Total value of transaction : R515,754.15

Nature of interest : Direct beneficial

Clearance obtained : Yes



Director : CD Creed

Company : Vector Logistics Pty Ltd, a major

subsidiary of the Company

Date of transaction : 27 March 2017

Nature of transaction : On-market sale of shares

Number of shares : 19,674

Highest price traded : R16.01

Lowest price traded : R16.00

Volume weighted average price : R16.00

Total value of transaction : R314,808.74

Nature of interest : Direct beneficial

Clearance obtained : Yes



Director : S Pillay

Company : Vector Logistics Pty Ltd, a major

subsidiary of the Company

Date of transaction : 27 March 2017

Nature of transaction : On-market sale of shares

Number of shares : 5,727

Highest price traded : R16.01

Lowest price traded : R16.00

Volume weighted average price : R16.00

Total value of transaction : R91,639.20

Nature of interest : Direct beneficial

Clearance obtained : Yes



Director : PE Gibbons

Company : Vector Logistics Pty Ltd, a major

subsidiary of the Company

Date of transaction : 27 March 2017

Nature of transaction : On-market sale of shares

Number of shares : 6,165

Highest price traded : R16.01

Lowest price traded : R16.00

Volume weighted average price : R16.00

Total value of transaction : R98,647.75

Nature of interest : Direct beneficial

Clearance obtained : Yes



Director : RJ Matthews

Company : Vector Logistics Pty Ltd, a major

subsidiary of the Company

Date of transaction : 27 March 2017

Nature of transaction : On-market sale of shares

Number of shares : 7,237

Highest price traded : R16.01

Lowest price traded : R16.00

Volume weighted average price : R16.00

Total value of transaction : R115,801.10

Nature of interest : Direct beneficial

Clearance obtained : Yes



Director : TJ Harding

Company : RCL Foods Consumer Pty Ltd, a

major subsidiary of the Company

Date of transaction : 27 March 2017

Nature of transaction : On-market sale of shares

Number of shares : 27,599

Price : R16.00

Total value of transaction : R441,584.00

Nature of interest : Direct beneficial

Clearance obtained : Yes



Director : DS Tubb

Company : RCL Foods Consumer Pty Ltd, a

major subsidiary of the Company

Date of transaction : 27 March 2017

Nature of transaction : On-market sale of shares

Number of shares : 9,014

Price : R16.00

Total value of transaction : R144.224.00

Nature of interest : Direct beneficial

Clearance obtained : Yes



Director : D Naicker

Company : RCL Foods Consumer Pty Ltd, a

major subsidiary of the Company

Date of transaction : 29 March 2017

Nature of transaction : On-market sale of shares

Number of shares : 4,938

Highest price traded : R15.61

Lowest price traded : R15.60

Volume weighted average price : R15.60

Total value of transaction : R77,053.60

Nature of interest : Direct beneficial

Clearance obtained : Yes



Company Secretary : JMJ Maher

Company : RCL Foods Limited

Date of transaction : 29 March 2017

Nature of transaction : On-market sale of shares

Number of shares : 4,990

Highest price traded : R15.61

Lowest price traded : R15.60

Volume weighted average price : R15.60

Total value of transaction : R77,865.02

Nature of interest : Direct beneficial

Clearance obtained : Yes





Durban

30 March 2017



Sponsor

RAND MERCHANT BANK (A division of FirstRand Bank Limited)



Date: 30/03/2017 04:58:00 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.