PPC LIMITED - Allocation of Forfeitable Shares

Allocation of Forfeitable Shares

PPC Ltd
Incorporated in the Republic of South Africa
Registration number 1892/000667/06
JSE share code: PPC
ZSE share code: PPC
JSE ISIN: ZAE000170049
(“PPC” or the “Company”)

ALLOCATION OF FORFEITABLE SHARES

In compliance with the requirements of paragraphs 3.63 of the JSE Limited Listings
Requirements, the following grants and acceptances of forfeitable shares in terms of
the company´s Forfeitable Share Plan (FSP) should be noted:

Executive director:                   MMT Ramano
Designation:                          Chief Financial Officer
Number of FSP shares awarded:         674 600, of which 562 200 are subject to
                                      performance conditions
Price at which shares were awarded:   R7.2556
Value:                                R4 894 628
Date award approved:                  Approved by the Company’s Remuneration
                                      Committee on 15 May 2017 and award deferred
                                      until the Company is no longer in a closed
                                      period or trading under a cautionary
Effective date of award:              29 March 2018
Acceptance of award:                  9 April 2018
Vesting:                              15 May 2020 (3 years after award approved)
Nature and type of transaction:       Direct beneficial off-market
Clearance obtained:                   Yes

Sandton
10 April 2018
Sponsor: Merrill Lynch South Africa (Pty) Limited

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