PIONEER FOOD GROUP LIMITED - Dealing In Securities By A Director Of A Major Subsidiary

Dealing In Securities By A Director Of A Major Subsidiary

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 OF A MAJOR SUBSIDIARY

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

 NAME OF DIRECTOR                     F Lombard
 COMPANY OF WHICH I AM A DIRECTOR     Pioneer Foods Groceries
                                      Proprietary Limited (major
                                      subsidiary)
 STATUS: EXECUTIVE/NON-EXECUTIVE OF   Executive
 MAJOR SUBSIDIARY
 TYPE OF SECURITIES                   Shares
 CLASS OF SECURITIES                  Ordinary
 DATE OF TRANSACTION                  27 July 2016
 NUMBER OF SECURITIES                 105 000
 NATURE OF TRANSACTION                The director has entered into a
                                      zero premium cost collar, with
                                      a put strike price of R184.00
                                      and a call strike price of
                                      R194.50, with an expiry date of
                                      20 March 2017 (Off-market)
 NATURE AND EXTENT OF INTEREST IN     Direct beneficial
 THE TRANSACTION
 CLEARANCE OBTAINED                   Yes

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

27 July 2016
Tyger Valley

Sponsor
PSG Capital

Date: 27/07/2016 04:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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