MR PRICE GROUP LIMITED - Acceptances of long term incentives by directors and the company secretary

Acceptances of long term incentives by directors and the company secretary

Mr Price Group Limited
Registration number 1933/004418/06
Incorporated in the Republic of South Africa
ISIN: ZAE000200457
JSE share code: MRP
(“the Company” or “the Group”)

ACCEPTANCES OF LONG TERM INCENTIVES BY DIRECTORS AND THE COMPANY SECRETARY

In compliance with the JSE Limited Listings Requirements, shareholders are advised of the following off-market
acceptances of options and shares in respect of ordinary shares on 30 November 2015 by Directors and the
Company Secretary of Mr Price Group Limited.

The routine long term incentive schemes (LTI’s) were designed to be rolling in nature, such that shares vesting on an
annual basis would be replaced by additional awards. This transaction represents the ‘top up award’ for those LTI’s
vesting in November 2015.

Mr Price Share Option Schemes
                                               Number of options     Option strike
 Name                                                                                 Total value of transaction
                                                         granted            price

 Executive Director Share Scheme
 Stuart Bird                                             110 459           R200.01                   R22 094 905
 Mark Blair                                               64 784           R200.01                   R12 957 448
 Steve Ellis                                              15 448           R200.01                    R3 089 754
 Senior Management Share Scheme
 Helen Grosvenor                                             2 863         R200.01                      R572 629

Mr Price Executive Forfeitable Share Plan
                                                                 Total EFSP     Share price on     Total value of
 Name                Vanilla award    Performance award
                                                                    granted       date of offer      transaction

 Stuart Bird                10 173                  10 173            20 346           R200.01        R4 069 403
 Mark Blair                  5 967                   5 967            11 934           R200.01        R2 386 919
 Steve Ellis                 1 423                   1 423             2 846           R200.01         R569 228

The “vanilla” shares vest in 5 years, at a strike price of Rnil, subject to certain employment criteria. The
“performance” shares vest in 5 years, at a strike price of Rnil, subject to the attainment of headline earnings per
share targets linked to the Group’s strategic plan. The shares awarded have been purchased on behalf of the
participants, who receive voting rights and dividends during the vesting period.

The nature of interest for all the persons concerned is direct beneficial and the grant and acceptances were
authorised by the Remuneration and Nominations Committee and clearance obtained from the Chairman.


Durban
30 November 2015

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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