22 Jun - 2 min read

Dealing in securities by share incentive scheme and director

Dealing in securities by share incentive scheme and director

THE FOSCHINI GROUP LTD
Reg. No.: 1937/009504/06
Code : TFG
ISIN : ZAE000148466
(“TFG” and “Company”)

Dealing in Securities by Share Incentive Scheme and Director

1.   Share Incentive Scheme

In compliance with the requirements of paragraph 3.92 of the JSE Listings
Requirements, TFG announces the purchase of shares to fulfil obligations to
participants of the Company’s Share Incentive Scheme as follows:
-
Name of scheme:                    Forfeitable Share Plan 2020
Date of transaction:               15 June 2021
Nature of transaction:             On-market purchase of shares in terms
                                   of the Company’s Share Incentive Scheme
Class:                             Ordinary shares
Extent of interest:                Indirect non-beneficial (purchased on
                                   behalf of participants)
No. of shares purchased:           500 000
Highest price of shares purchased: R164.33
Lowest price of shares purchased: R162.00
VWAP of shares purchased:          R163.5926
Total value of shares purchased:   R81 796 300.00
-
Name of scheme:                    Forfeitable Share Plan 2020
Date of transaction:               17 June 2021
Nature of transaction:             On-market purchase of shares in terms
                                   of the Company’s Share Incentive Scheme
Class:                             Ordinary shares
Extent of interest:                Indirect non-beneficial (purchased on
                                   behalf of participants)
No. of shares purchased:           500 000
Highest price of shares purchased: R165.65
Lowest price of shares purchased: R160.50
VWAP of shares purchased:          R164.6493
Total value of shares purchased:   R82 324 650.00
-
Name of scheme:                    Forfeitable Share Plan 2020
Date of transaction:               18 June 2021
Nature of transaction:             On-market purchase of shares in terms
                                   of the Company’s Share Incentive Scheme
Class:                             Ordinary shares
Extent of interest:                Indirect non-beneficial (purchased on
                                   behalf of participants)
No. of shares purchased:           495 666
Highest price of shares purchased: R161.76
Lowest price of shares purchased: R155.49
VWAP of shares purchased:          R158.7026
Total value of shares purchased:   R78 663 482.93

2.   Director

In compliance with the requirements of paragraphs 3.63 to 3.74 of the JSE Listings
Requirements, the following should be noted:
-
Name:                         G S Naidoo
Position:                     Director of Foschini Retail
                              Group (Pty) Ltd
Extent of interest:           Direct beneficial
Date of transaction:          15 June 2021
Nature of transaction:        Sale of ordinary shares
Class:                        Ordinary shares
No. of shares sold:           13 000
Price of shares sold:         R159.50
Total value of shares sold:   R2 073 500.00
All the above transactions were done on-market and the pre-requisite clearances
were obtained for these transactions.

Cape Town
22 June 2021

Sponsor:
UBS South Africa Proprietary Limited

Date: 22-06-2021 11:20:00
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.
Information on this Website is provided for general information purposes only and is not a substitute for professional advice. ASX Information (including company announcements and prices) is delayed by at least 20 minutes. JSE Information (including company announcements and prices) is delayed by at least 15 minutes. Reliance on the information you access on or from this Website is solely at your own risk. We make no representation or warranty in relation to the future performance of the companies that appear on this Website. Investment in securities involves risk and you should obtain independent professional legal, financial, investment or company advice before acting on any of the information you access on this Website. Using, browsing or otherwise accessing this Website is subject to our Terms and Conditions and our Privacy Policy.

© 2021 Listcorp. ABN 60 166 140 307

Never miss news from The Foschini Group (JSE:TFG) when you join Listcorp.