Woolworths Holdings Limited (WHL) disclosed recent dealings in securities by its share trust. This aligns with JSE Limited Listings Requirements.
Sale of Forfeited Securities
The first transaction involved an on-market sale of forfeited securities. These were under the Performance Plan (PP) and Retention Share Plan (RSP).
| Transaction Details | Information |
|---|---|
| Date of Transaction | 6 June 2024 |
| Number of Shares | 106,757 |
| Average Sale Price | 5,462.67 cents per share |
| Highest Sale Price | 5,495.00 cents per share |
| Lowest Sale Price | 5,460.00 cents per share |
| Total Transaction Value | R 5,831,783 |
Nature of the Sale
The nature of the transaction was an on-market sale. This involved forfeited securities from the PP and RSP.
Indirect Non-Beneficial Interest
The sale was categorized as having an indirect non-beneficial interest. Clearance for this transaction was obtained.
Acquisition of Securities
In a separate transaction, WHL acquired securities on the market. This was to fulfill obligations to a participant in the RSP.
| Transaction Details | Information |
|---|---|
| Date of Transaction | 6 June 2024 |
| Number of Shares | 61,958 |
| Average Purchase Price | 5,460.05 cents per share |
| Highest Purchase Price | 5,470.00 cents per share |
| Lowest Purchase Price | 5,460.00 cents per share |
| Total Transaction Value | R 3,382,938 |
Nature of the Acquisition
The acquisition involved an on-market purchase of securities. This was intended to meet obligations to a plan participant.
Indirect Non-Beneficial Interest
Similar to the sale, this acquisition was also categorized as an indirect non-beneficial interest. Clearance for this transaction was also obtained.
Summary of Transactions
WHL’s transactions reflect compliance with JSE requirements. The sale and purchase both occurred on 6 June 2024.
| Transaction Type | Number of Shares | Average Price Per Share | Total Value (R) |
|---|---|---|---|
| Sale of Forfeited | 106,757 | 5,462.67 cents | 5,831,783 |
| Acquisition | 61,958 | 5,460.05 cents | 3,382,938 |
WHL’s Strategic Moves
Woolworths Holdings Limited strategically manages its share plans. The PP and RSP are integral to their employee incentive programs.
Conclusion
Woolworths Holdings Limited’s recent share transactions demonstrate compliance with regulatory requirements. This ensures accountability and transparency for shareholders and participants alike.