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PIK - Pick n Pay Stores Limited - Dealing in securities by directors

Release Date: 03/06/2011 11:53
Code(s): PIK
Wrap Text

PIK - Pick n Pay Stores Limited - Dealing in securities by directors Pick n Pay Stores Limited (Incorporated in the Republic of South Africa) (Registration number 1968/008034/06) Share code: PIK ISIN: ZAE000005443 DEALING IN SECURITIES BY DIRECTORS In compliance with the JSE Listing Requirements, the following information is disclosed: Director : Nicholas Badminton Company : Pick n Pay Stores Limited Date of transaction : 1 June 2011 Nature of transactions : Off market receipt of shares equal in value to the gain on 310 575 share options exercised on 1 June 2011. Number of securities transferred : 124 478 Class of security : Ordinary Highest issue price per share : R31.15 Lowest issue price per share : R20.70 Average purchase price per share : R25.95 Total value of shares transferred : R5 391 142 Exercise price per share : R43.31 Nature of interest : Direct beneficial Clearance obtained : Yes Director : Nicholas Badminton Company : Pick n Pay Stores Limited Date of transaction : 1 June 2011 Nature of transactions : Off market purchase of shares, pursuant to the take up of share options Number of securities purchased : 275 000 Class of security : Ordinary Average purchase price per share : R11.64 Total cost of shares purchased : R3 200 000 Nature of interest : Direct beneficial Clearance obtained : Yes Director : Nicholas Badminton Company : Pick n Pay Stores Limited Date of transaction : 1 June 2011 Nature of transactions : On market sale of shares, primarily to finance the purchase and taxes
payable on the take up of the share options Number of securities sold : 215 077 Class of security : Ordinary Average selling price per share : R43.13 Total value of shares sold : R9 275 475 Highest purchase price per share : R43.34 Lowest purchase price per share : R43.04 Nature of interest : Direct beneficial Clearance obtained : Yes Director : Nicholas Badminton Company : Pick n Pay Stores Limited Date of transaction : 2 June 2011 Nature of transactions : On market sale of shares Number of securities sold : 34 923 Class of security : Ordinary Average selling price per share : R43.00 Total value of shares sold : R1 501 836 Highest purchase price per share : R43.20 Lowest purchase price per share : R43.00 Nature of interest : Direct beneficial Clearance obtained : Yes Sponsor: Investec Bank Limited 3 June 2011 Date: 03/06/2011 11:53:00 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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