PIONEER FOOD GROUP LIMITED - Dealing In Securities By A Director

Dealing In Securities By A Director

Pioneer Food Group Limited
Incorporated in the Republic of South Africa
Registration number: 1996/017676/06
Share code: PFG
ISIN code: ZAE000118279
(“Pioneer Foods” or “the Company”)

DEALING IN SECURITIES BY A DIRECTOR

In compliance with rules 3.63 to 3.74 of the JSE Listings Requirements,
the following information is disclosed:


  1.
  NAME OF DIRECTOR                    PM Roux
  COMPANY OF WHICH I AM A DIRECTOR    Pioneer Food Group Limited
  STATUS: EXECUTIVE/NON-EXECUTIVE     Executive
  TYPE OF SECURITIES                  Shares
  CLASS OF SECURITIES                 Ordinary
  DATE OF TRANSACTION                 6 February 2017
  PRICE PER SHARE                     R166.02
  NUMBER OF SECURITIES                30 509
  TOTAL RAND VALUE OF TRANSACTION     R5 065 104.18
  NATURE OF TRANSACTION               Taken delivery of ordinary
                                      shares through the exercise of
                                      49,902 Phantom Share Rights
                                      granted and accepted in April
                                      2013 at a strike price of
                                      R64.52 (off-market)
  NATURE AND EXTENT OF INTEREST IN    Direct beneficial
  THE TRANSACTION
  CLEARANCE OBTAINED                  Yes

  2.
  NAME OF DIRECTOR                    PM Roux
  COMPANY OF WHICH I AM A DIRECTOR    Pioneer Food Group Limited
  STATUS: EXECUTIVE/NON-EXECUTIVE     Executive
  TYPE OF SECURITIES                  Shares
  CLASS OF SECURITIES                 Ordinary
  DATE OF TRANSACTION                 7 February 2017
  NUMBER OF SECURITIES                30 509
  PUT OPTION STRIKE PRICE             R167.10
  TOTAL RAND VALUE OF TRANSACTION     R5 098 053.9
  NATURE OF TRANSACTION               Exercise of put option in
                                      respect of a zero premium cost
                                      collar entered into on 14 July
                                      2016 (Off-market) and announced
                                      on 15 July 2016
  NATURE AND EXTENT OF INTEREST IN    Direct beneficial
  THE TRANSACTION
  CLEARANCE OBTAINED                  Yes (in July 2016)

Clearance to deal in these shares was obtained in accordance with rule
3.66 of the JSE Listings Requirements.

7 February 2017
Tyger Valley

Sponsor
PSG Capital

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