2018-04-26

RCL FOODS LIMITED - Dealings in Share Appreciation Rights (SARs) and securities by a director


RCL 201804260059A
Dealings in Share Appreciation Rights (“SARs”) and securities by a director

RCL FOODS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1966/004972/06)
ISIN: ZAE000179438
Share Code: RCL
(“the Company”)

DEALINGS IN SHARE APPRECIATION RIGHTS (“SARs”) AND SECURITIES BY A DIRECTOR

The following transaction is disclosed in relation to SARs which
were awarded on 5 September 2012 and are due to expire on 5
September 2019. SARs award prices and exercise prices were
determined as the 5-day volume weighted average price (VWAP) as at
the respective award and exercise dates:

Director : R H Field
Company : RCL Foods Limited
Date of transaction : 20 April 2018
Nature of transaction : Off-market acceptance and
exercise of SARs which are
subsequently equity settled in
accordance with the RCL Foods
Limited Share Appreciation Rights
Scheme
Class of securities : SARs in respect of ordinary
shares
Number of SARs exercised : 123,586
SARs award price : R13.20
SARs exercise price : R18.90
Total gain on transaction : R704,440.20
Equivalent number of shares : 37,271
Nature of interest : Direct beneficial
Clearance obtained : Yes


Durban
26 April 2018

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 26/04/2018 03:00:00 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.

2018-04-18

RCL FOODS LIMITED - Dealings in securities by directors and company secretary


RCL 201804180052A
Dealings in securities by directors and company secretary

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 DIRECTORS AND COMPANY SECRETARY

The following transaction is disclosed in compliance with the JSE
Limited Listings Requirements:

Director : RH Field
Company : RCL Foods Limited
Date of transaction : 12 April 2018
Nature of transaction : On market sale of securities
Class of securities : Ordinary shares
Number of securities : 42,590
Volume weighted average
selling price per share : R18.7265
Total value of transaction : R797,563.20
Highest trading price : R19.00
Lowest trading price : R18.50
Nature of interest : Direct beneficial
Clearance obtained : Yes

The following transactions are disclosed in relation to the
announcement published on SENS on 4 April 2018 with regard to
Share Appreciation Rights (SARs) exercised by participants in the
RCL Share Appreciation Rights Scheme:

Director : M Dally
Company : RCL Foods Limited
Date of transaction : 13 April 2018
Nature of transaction : On market sale of securities
Class of securities : Ordinary shares
Number of securities : 58,340
Selling price per share : R18.99
Total value of transaction : R1,107,868.80
Nature of interest : Direct beneficial
Clearance obtained : Yes

Company Secretary : J Maher
Company : RCL Foods Limited
Date of transaction : 13 April 2018
Nature of transaction : On market sale of securities
Class of securities : Ordinary shares
Number of securities : 2,115
Selling price per share : R18.99
Total value of transaction : R40,162.11
Nature of interest : Direct beneficial
Clearance obtained : Yes

Durban
18 April 2018

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 18/04/2018 03:00:00 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.

2018-04-12

RCL FOODS LIMITED - Dealings in securities by director and company secretary


RCL 201804120044A
Dealings in securities by director and company secretary

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 DIRECTOR AND COMPANY SECRETARY

The following transactions are disclosed in relation to the
announcement published on SENS on 4 April 2018 with regard to
Share Appreciation Rights (SARs) exercised by participants in the
RCL Share Appreciation Rights Scheme:


Director : M Dally
Company : RCL Foods Limited
Date of transaction : 6 April 2018
Nature of transaction : On market sale of securities
Class of securities : Ordinary shares
Number of securities : 723
Selling price per share : R18.00
Total value of transaction : R13,003.49
Nature of interest : Direct beneficial
Clearance obtained : Yes

Director : M Dally
Company : RCL Foods Limited
Date of transaction : 9 April 2018
Nature of transaction : On market sale of securities
Class of securities : Ordinary shares
Number of securities : 88,162
Volume weighted average selling
price per share : R18.0166
Total value of transaction : R1,588,381.39
Highest trading price : R18.49
Lowest trading price : R18.00
Nature of interest : Direct beneficial
Clearance obtained : Yes

Director : M Dally
Company : RCL Foods Limited
Date of transaction : 10 April 2018
Nature of transaction : On market sale of securities
Class of securities : Ordinary shares
Number of securities : 28,632
Volume weighted average selling
price per share : R18.0936
Total value of transaction : R518,058.31
Highest trading price : R18.29
Lowest trading price : R18.00
Nature of interest : Direct beneficial
Clearance obtained : Yes
Company Secretary : J Maher
Company : RCL Foods Limited
Date of transaction : 6 April 2018
Nature of transaction : On market sale of securities
Class of securities : Ordinary shares
Number of securities : 26
Selling price per share : R18.00
Total value of transaction : R471.40
Nature of interest : Direct beneficial
Clearance obtained : Yes

Company Secretary : J Maher
Company : RCL Foods Limited
Date of transaction : 9 April 2018
Nature of transaction : On market sale of securities
Class of securities : Ordinary shares
Number of securities : 3,196
Volume weighted average selling
price per share : R18.0166
Total value of transaction : R57,581.50
Highest trading price : R18.49
Lowest trading price : R18.00
Nature of interest : Direct beneficial
Clearance obtained : Yes

Company Secretary : J Maher
Company : RCL Foods Limited
Date of transaction : 10 April 2018
Nature of transaction : On market sale of securities
Class of securities : Ordinary shares
Number of securities : 1,038
Volume weighted average selling
price per share : R18.0936
Total value of transaction : R18,780.49
Highest trading price : R18.29
Lowest trading price : R18.00
Nature of interest : Direct beneficial
Clearance obtained : Yes


Durban
12 April 2018

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 12/04/2018 04:27:00 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.

2018-04-06

RCL FOODS LIMITED - Dealings in securities by director and company secretary


RCL 201804060074A
Dealings in securities by director and company secretary

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 DIRECTOR AND COMPANY SECRETARY

The following transactions are disclosed in relation to the
announcement published on SENS on 4 April 2018 with regard to
Share Appreciation Rights (SARs) exercised by participants in the
RCL Share Appreciation Rights Scheme:


Director : M Dally
Company : RCL Foods Limited
Date of transaction : 29 March 2018
Nature of transaction : On market sale of securities
Class of securities : Ordinary shares
Number of securities : 57,393
Volume weighted average selling
price per share : R18.0013
Total value of transaction : R1,033,142.25
Highest selling price : R18.04
Lowest selling price : R18.00
Nature of interest : Direct beneficial
Clearance obtained : Yes

Director : M Dally
Company : RCL Foods Limited
Date of transaction : 3 April 2018
Nature of transaction : On market sale of securities
Class of securities : Ordinary shares
Number of securities : 602
Selling price per share : R18.00
Total value of transaction : R10,843.41
Nature of interest : Direct beneficial
Clearance obtained : Yes

Director : M Dally
Company : RCL Foods Limited
Date of transaction : 4 April 2018
Nature of transaction : On market sale of securities
Class of securities : Ordinary shares
Number of securities : 344
Selling price per share : R18.00
Total value of transaction : R6,200.84
Nature of interest : Direct beneficial
Clearance obtained : Yes

Company Secretary : J Maher
Company : RCL Foods Limited
Date of transaction : 29 March 2018
Nature of transaction : On market sale of securities
Class of securities : Ordinary shares
Number of securities : 2,080
Volume weighted average selling
price per share : R18.0013
Total value of transaction : R37,453.15
Highest selling price : R18.04
Lowest selling price : R18.00
Nature of interest : Direct beneficial
Clearance obtained : Yes

Company Secretary : J Maher
Company : RCL Foods Limited
Date of transaction : 3 April 2018
Nature of transaction : On market sale of securities
Class of securities : Ordinary shares
Number of securities : 22
Selling price per share : R18.00
Total value of transaction : R393.09
Nature of interest : Direct beneficial
Clearance obtained : Yes

Company Secretary : J Maher
Company : RCL Foods Limited
Date of transaction : 4 April 2018
Nature of transaction : On market sale of securities
Class of securities : Ordinary shares
Number of securities : 13
Selling price per share : R18.00
Total value of transaction : R224.79
Nature of interest : Direct beneficial
Clearance obtained : Yes


Durban
6 April 2018

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 06/04/2018 05:49:00 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.

2018-04-04

RCL FOODS LIMITED - Dealings in share appreciation rights (SARs) and securities by directors and company secretary


RCL 201804040027A
Dealings in share appreciation rights (“SARs”) and securities by directors and company secretary

RCL FOODS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1966/004972/06)
ISIN: ZAE000179438
Share Code: RCL
(“the Company”)

DEALINGS IN SHARE APPRECIATION RIGHTS (“SARs”) AND SECURITIES BY
DIRECTORS AND COMPANY SECRETARY

The following transaction is disclosed in relation to SARs which
were awarded on 1 June 2011 and are due to expire on 1 June 2018.
SARs award prices and exercise prices were determined as the 5-day
volume weighted average price (VWAP) as at the respective award
and exercise dates:

Company Secretary : J Maher
Company : RCL Foods Limited
Date of transaction : 27 March 2018
Nature of transaction : Off-market acceptance and
exercise of SARs which are
subsequently equity settled in
accordance with the RCL Foods
Limited Share Appreciation Rights
Scheme
Class of securities : SARs in respect of ordinary
shares
Number of SARs exercised : 63,477
SARs award price : R16.45
SARs exercise price : R18.99
Total gain on transaction : R161,225.10
Equivalent number of shares : 8,490
Nature of interest : Direct beneficial
Clearance obtained : Yes

The following transaction is disclosed in relation to SARs which
were awarded on 5 September 2012 and are due to expire on 5
September 2019. SARs award prices and exercise prices were
determined as the 5-day volume weighted average price (VWAP) as at
the respective award and exercise dates:

Director : M Dally
Company : RCL Foods Limited
Date of transaction : 27 March 2018
Nature of transaction : Off-market acceptance and
exercise of SARs which are
subsequently equity settled in
accordance with the RCL Foods
Limited Share Appreciation Rights
Scheme
Class of securities : SARs in respect of ordinary
shares
Number of SARs exercised : 768,117
SARs award price : R13.20
SARs exercise price : R18.99
Total gain on transaction : R4,447,382.04
Equivalent number of shares : 234,196
Nature of interest : Direct beneficial
Clearance obtained : Yes

The following transactions are disclosed in compliance with the
JSE Limited Listings Requirements:

Director : RH Field
Company : RCL Foods Limited
Date of transaction : 27 March 2018
Nature of transaction : On market sale of securities
Class of securities : Ordinary shares
Number of securities : 37,470
Selling price : 20,905 at R18.80; 2,589 at
R18.81; 10,074 at R18.85; 1,769
at R18.86; 2,133 at R19.10
Total value of transaction : R705,711.63
Nature of interest : Direct beneficial
Clearance obtained : Yes

Director : RH Field
Company : RCL Foods Limited
Date of transaction : 28 March 2018
Nature of transaction : On market sale of securities
Class of securities : Ordinary shares
Number of securities : 3,434
Selling price : 3,423 at R18.70; 11 at R18.85
Total value of transaction : R64,217.45
Nature of interest : Direct beneficial
Clearance obtained : Yes


Durban
4 April 2018

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 04/04/2018 12:11:00 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.

2018-03-26

RCL - product recall and suspension of operations


On 5 March 2018 the Company announced on the Stock Exchange News Service that Rainbow polony products from the Wolwehoek processing plant were being recalled and that the plant had been temporarily closed, as precautionary measures due to the current listeriosis outbreak. The purpose of this announcement is to update shareholders with regard to the financial impact of the product recall and the suspension of operations at the Wolwehoek processing plant.

Estimates provided are on a pre-tax basis. They are management estimates only, and have not been reviewed or reported on by the Company's auditors. Potential insurance recoveries in respect of these costs are not expected to be significant. Identifiable costs incurred to date, associated directly with the recall and suspension of production, are estimated to be approximately R75m.

This estimate includes:
- Recalls and returns from customers
- Value of stock on hand of finished goods, raw materials and work-in- progress
- Logistics (distribution and handling) costs
- Destruction and dumping costs
- Testing costs
- Media and in-store communications costs

In addition, there is a financial impact associated with lost contribution on polony products being out of trade, as well as the unexpected impact on the balance of Rainbow's chilled processed meats and other chicken categories. This indirect impact is difficult to determine or quantify at this stage, but management estimates the profit impact to be approximately R20m per month. Management is actively engaging Government in order to resume operations at the Wolwehoek processing plant as soon as possible. Food safety has always been of paramount importance to RCL FOODS, and we continue to apply our strict food safety protocol by having rigorous food safety procedures in place, including regular product and environmental testing, at all of our food production facilities. We will continue to take every precaution to safeguard our products, customers and consumers and to drive and support national efforts with Government to resolve the current listeriosis challenge.

Shareholders are also referred to:
1. The RCL FOODS fact sheet available on the Company's website at www.rclfoods.com, which is aimed at assisting all stakeholders in understanding the facts at our disposal around listeriosis;
2. An independent website hosted by Dr Lucia Anelich at www.listeriosisfacts.co.za