RHODES FOOD GROUP HOLDINGS LIMITED – Dealings in securities by directors and the company secretary

2018/12/07 11:43:00
SENS announcement for JSE listed company: RFG
                        

RFG 201812070032A
Dealings in securities by directors and the company secretary

RHODES FOOD GROUP HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2012/074392/06)
JSE share code: RFG
ISIN: ZAE000191979

DEALINGS IN SECURITIES BY DIRECTORS AND THE COMPANY SECRETARY

In compliance with the JSE Limited Listings Requirements, the following information is disclosed in relation
to the acceptance of Share Appreciation Rights (‘SARs’) allocated under the Rhodes Food Group 2015
Share Plan (‘Plan’) on 3 December 2018 (‘Allocation Date’).

Director : BAS Henderson
Company : Rhodes Food Group Holdings Limited
Date of transaction : 6 December 2018
Nature of transaction : Off market acceptance of SARs granted to the director
under the terms of the Plan
Class of securities : Options in respect of ordinary shares
Number of options granted : 98 663
SAR allocation price : R15.08
Total value of transaction : R1 487 838.04
Nature of interest : Direct beneficial
Clearance obtained : Yes

Director : CC Schoombie
Company : Rhodes Food Group Holdings Limited
Date of transaction : 7 December 2018
Nature of transaction : Off market acceptance of SARs granted to the director
under the terms of the Plan
Class of securities : Options in respect of ordinary shares
Number of options granted : 52 764
SAR allocation price : R15.08
Total value of transaction : R795 681.12
Nature of interest : Direct beneficial
Clearance obtained : Yes

Director : J Mpele
Company : Rhodes Food Group Proprietary Limited
Date of transaction : 7 December 2018
Nature of transaction : Off market acceptance of SARs granted to the director
under the terms of the Plan
Class of securities : Options in respect of ordinary shares
Number of options granted : 32 195
SAR allocation price : R15.08
Total value of transaction : R485 500.60
Nature of interest : Direct beneficial
Clearance obtained : Yes

Director : WP Hanekom
Company : Rhodes Food Group Proprietary Limited
Date of transaction : 7 December 2018
Nature of transaction : Off market acceptance of SARs granted to the director
under the terms of the Plan
Class of securities : Options in respect of ordinary shares
Number of options granted : 42 932
SAR allocation price : R15.08
Total value of transaction : R647 414.56
Nature of interest : Direct beneficial
Clearance obtained : Yes

Director : R Phillips
Company : Rhodes Food Group Proprietary Limited
Date of transaction : 7 December 2018
Nature of transaction : Off market acceptance of SARs granted to the director
under the terms of the Plan
Class of securities : Options in respect of ordinary shares
Number of options granted : 36 796
SAR allocation price : R15.08
Total value of transaction : R554 883.68
Nature of interest : Direct beneficial
Clearance obtained : Yes

Director : C Costaras
Company : Rhodes Food Group Proprietary Limited
Date of transaction : 7 December 2018
Nature of transaction : Off market acceptance of SARs granted to the director
under the terms of the Plan
Class of securities : Options in respect of ordinary shares
Number of options granted : 42 932
SAR allocation price : R15.08
Total value of transaction : R647 414.56
Nature of interest : Direct beneficial
Clearance obtained : Yes

Director : B Lakey*
Company : Rhodes Food Group Proprietary Limited
Date of transaction : 7 December 2018
Nature of transaction : Off market acceptance of SARs granted to the director
under the terms of the Plan
Class of securities : Options in respect of ordinary shares
Number of options granted : 24 770
SAR allocation price : R15.08
Total value of transaction : R373 531.60
Nature of interest : Direct beneficial
Clearance obtained : Yes

* B Lakey is also the Company Secretary of Rhodes Food Group Holdings Limited.

– The vesting of the SARs is subject to the satisfaction of certain conditions, including continued
employment and the satisfaction of certain performance criteria.
– To the extent that the employment and performance criteria have been met the SARs will vest as
follows:
– One third on the third anniversary of the Allocation Date.
– A second third on the fourth anniversary of the Allocation Date.
– The balance on the fifth anniversary of the Allocation Date.

Groot Drakenstein
7 December 2018

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 07/12/2018 11:43:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (‘JSE’).
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