PIONEER FOOD GROUP LIMITED - Dealing In Securities By A Director To Settle Funding Requirements

Dealing In Securities By A Director To Settle Funding Requirements

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 TO SETTLE FUNDING REQUIREMENTS

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

 NAME OF DIRECTOR                    PM Roux
 
 COMPANY OF WHICH I AM A DIRECTOR    Pioneer Food Group Limited
 
 STATUS:EXECUTIVE/NON-EXECUTIVE      Executive
 
 TYPE OF SECURITIES                  Shares
 
 CLASS OF SECURITIES                 Ordinary
 
 DATE OF TRANSACTION                 12 January 2016
 
 SPOT PRICE PER SHARE (CENTS)        14 024
 
 NUMBER OF SECURITIES                100 000
 
 TOTAL FACE VALUE OF SECURITIES      R14 024 000.00
 (RANDS)
 
 NATURE OF TRANSACTION               The Director has disposed of a
                                     portion of his shares (on-
                                     market) as a result of the
                                     settling of a financing
                                     arrangement with a third party
                                     financial institution
 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.

13 January 2016
Bellville

Sponsor
PSG Capital

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