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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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