PEPKOR HOLDINGS LIMITED - PPHI - Acceptance of Rights Granted under the Pepkor Holdings Limited Executive Share Rights Scheme (Scheme)

PPHI - Acceptance of Rights Granted under the Pepkor Holdings Limited Executive Share Rights Scheme (“Scheme”)

PEPKOR HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2017/221869/06)
Debt company code: PPHI
(“the Company”)


ACCEPTANCE OF RIGHTS GRANTED UNDER THE PEPKOR HOLDINGS LIMITED
EXECUTIVE SHARE RIGHTS SCHEME (“SCHEME”)


In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
following information regarding the acceptance of rights granted under the Scheme is
disclosed:

 NAMES OF DIRECTORS                              LM Lourens                      (1)
                                                 RG Hanekom                      (2)
                                                 JL Hamman                       (3)

 COMPANY OF WHICH A DIRECTOR                     Pepkor Holdings Limited         (1 - 2)
                                                 Pepkor Trading Proprietary      (3)
                                                 Limited (a major subsidiary
                                                 of the Company)

 STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive

 TYPE AND CLASS OF SECURITIES                    Share rights to ordinary
                                                 shares in the Company granted
                                                 in terms of the Scheme

 NATURE OF TRANSACTIONS                          Acceptance of share
                                                 rights in terms of
                                                 the Scheme
                                                 (Off-market transactions)

 DATE OF AWARD OF SHARE RIGHTS                   13 March 2020

 DATE OF ACCEPTANCE OF SHARE                     16 March 2020
 RIGHTS

 PRICE AT WHICH SHARE RIGHTS                     Zero cost
 AWARDED

 NUMBER OF SHARE RIGHTS ACCEPTED                 1 013 832                       (1)
                                                 623 365                         (2)
                                                 561 806                         (3)

 TOTAL RAND VALUE OF SHARE RIGHTS                R 14 153 094.72                 (1)
 ACCEPTED BASED ON THE CLOSING                   R 8 702 175.40                  (2)
 SHARE PRICE OF R13.96 ON 13 MARCH               R 7 842 811.76                  (3)
 2020

 VESTING DATE OF SHARE RIGHTS                    The share rights shall
                                                 vest on the third
                                                 anniversary of the
                                                 award date subject to the
                                                 achievement of
                                                 performance criteria
 
 NATURE AND EXTENT OF INTEREST IN                Direct, beneficial
 THE TRANSACTION


Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.

Parow
17 March 2020


Debt Sponsor
Rand Merchant Bank
(A division of FirstRand Bank Limited)
Think Precinct, 1 Merchant Place
Cnr Fredman Drive & Rivonia Road
Sandton 2196, South Africa
P O Box 786273, Sandton, 2146, South Africa

Date: 17-03-2020 11:01:00
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