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PPC LIMITED - Correction announcement Forfeitable Share Award

Release Date: 13/08/2021 17:45
Code(s): PPC     PDF:  
Wrap Text
Correction announcement Forfeitable Share Award

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

CORRECTION ANNOUNCEMENT
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:                   RC van Wijnen
Designation:                          Chief Executive Officer
Number of FSP shares awarded:         2 921 494 ordinary shares
Price at which shares were awarded:   R3.9346 per share
Value:                                R11 494 911.95
Date award approved:                  Approved by the Company’s Remuneration
                                      Committee on 5 July 2021.
Date award accepted:                  11 August 2021
Vesting date:                         31 March 2024
Nature of interests:                  Direct beneficial
Nature of transaction:                off-market transaction
Clearance obtained:                   Yes


Sandton
13 August 2021


Sponsor
Sasfin Capital
A member of the Sasfin Group


Financial Communications Advisor:
Instinctif Partners
Louise Fortuin
Mobile: +27 71 605 4294

Date: 13-08-2021 05:45:00
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