PPC LIMITED - Dealing in securities by associate of directors and disclosure of beneficial interest in securities

Dealing in securities by associate of directors and disclosure of beneficial interest in securities

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")

DEALING IN SECURITIES BY AN ASSOCIATE OF DIRECTORS AND DISCLOSURE OF BENEFICIAL
INTEREST IN SECURITIES

In compliance with the       JSE   Limited   Listings   Requirements,   the   following
information is disclosed:

Director                           :         Mr AC Ball
Title                              :         Non-Executive Director
Director                           :         Ms N Mkhondo
Title                              :         Non-Executive Director
Company                            :         PPC Limited
Name of Associate                  :         Value Capital Partners (Pty) Ltd*

Date of transaction                :         30 March 2022
Number of securities               :         4 268 793
Nature of transaction              :         On-market acquisition of securities
Class of securities                :         Ordinary shares
Share price                        :         R3.9934
Value of transaction               :         R17 046 997.97
Nature of interest                 :         Indirect Beneficial
Clearance to deal obtained         :         Yes

Date of transaction                :         31 March 2022
Number of securities               :         7 531 207
Nature of transaction              :         On-market acquisition of securities
Class of securities                :         Ordinary shares
Share price                        :         R4.1849
Value of transaction               :         R31 517 348.17
Nature of interest                 :         Indirect Beneficial
Clearance to deal obtained         :         Yes


* Mr AC Ball and Ms N Mkhondo have an indirect beneficial interest in Value Capital
Partners (Pty) Ltd (“VCP”), which is the registered investment manager to Value
Capital Partners H4 QI Hedge Fund and various other funds.

BENEFICIAL INTEREST IN SECURITIES

In terms of paragraph 3.83(b) of the JSE Listings Requirements and section
122(3)(b) of the Companies Act, No. 71 of 2008, as amended, shareholders are
advised that PPC has received formal notification that VCP has acquired a
beneficial interest in the ordinary shares of the Company, such that the total
interest held in PPC now amounts to 15.05% of the total issued ordinary shares of
the Company.

The board of directors of PPC (“the Board”) accepts responsibility for the
information contained in this announcement as it pertains to the Company. To the
best of the Board's knowledge and belief, the information contained in this
announcement is true and nothing has been omitted which is likely to affect the
importance of such information.


Sandton
1 April 2022

Sponsor
Questco Corporate Advisory Proprietary Limited

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

Date: 01-04-2022 03:00:00
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