PEPKOR HOLDINGS LIMITED - Acceptance Of Share Rights Grants In Terms Of The Pepkor Long Term Performance Share Rights Scheme

Acceptance Of Share Rights Grants In Terms Of The Pepkor Long Term Performance Share Rights Scheme

PEPKOR HOLDINGS LIMITED
(Previously Steinhoff Africa Retail Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 2017/221869/06)
Share Code: PPH
ISIN: ZAE000259479
(“Pepkor” or “the Company”)

ACCEPTANCE OF SHARE RIGHTS GRANTS IN TERMS OF THE PEPKOR LONG TERM
PERFORMANCE SHARE RIGHTS SCHEME

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

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

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

STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive                        (1) – (3)

CLASS OF SECURITIES                             Share Rights to receive ordinary
                                                shares                           (1) – (3)

NATURE OF TRANSACTIONS                          Acceptance of share rights       (1) – (3)
                                                in terms of the Pepkor
                                                Long Term Performance
                                                Share Rights Scheme
                                                (off-market transactions)

DATE OF ACCEPTANCE OF SHARE                     1 March 2019                     (1) – (3)
RIGHTS

DATE OF GRANT OF SHARE RIGHTS                   1 March 2019                     (1) – (3)

PRICE AT WHICH SHARE RIGHTS                     Zero cost                        (1) – (3)
GRANTED

NUMBER OF SHARE RIGHTS GRANTED                  797 835                          (1)
                                                536 756                          (2)
                                                437 573                          (3)

TOTAL RAND VALUE OF SHARE RIGHTS                R16 355 617.50                   (1)
BASED ON THE CLOSING SHARE PRICE                R11 003 498.00                   (2)
ON 1 MARCH 2019                                 R8 970 246.50                    (3)

VESTING DATES OF SHARE RIGHTS                   The share rights shall vest on the third
                                                anniversary of the grant date and vesting is
                                                subject to the achievement of relevant
                                                performance criteria

NATURE AND EXTENT OF INTEREST IN                Direct, beneficial               (1) – (3)
THE TRANSACTIONS

Clearance to accept these share rights was obtained in accordance with paragraph 3.66 of
the Listings Requirements of the JSE Limited.

Parow
4 March 2019

Sponsor
PSG Capital

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