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PPC LIMITED - Dealing in Securities by the Chief Executive Director (CEO) of PPC

Release Date: 17/09/2013 12:00
Code(s): PPC     PDF:  
Wrap Text
Dealing in Securities by the Chief Executive Director (“CEO”) of PPC

PPC Ltd
Incorporated in the Republic of South Africa
(Registration number 1892/000667/06)
JSE Share code: PPC
ZSE share code: PPC
ISIN: ZAE000170049
("PPC" or the "Company")

Dealing in Securities by the Chief Executive Director (“CEO”) of PPC

In compliance with paragraphs 3.63 to 3.65 of the JSE Listings
Requirements, the company gives notice that the Group CEO, after
receiving the required clearance, has purchased a number of ordinary
shares of the company. The following details are disclosed:

Name of director                         Ketan Manecklal Gordhan

Name of company and designation          CEO of PPC

Class of securities                      Ordinary shares

Nature of transaction                    On-market purchase of
                                         shares

Date of transaction                      13 September 2013

Highest trading price                    2965c per share

Lowest trading price                     2926c per share

Volume weighted average price            2952c per share

Number of shares purchased               62,144

Total value of securities                R1,834,366.59



Date of transaction                      16 September 2013

Highest trading price                    3050c per share

Lowest trading price                     3025c per share

Volume weighted average price            3045c per share

Number of shares purchased               213,400

Total value of securities                R6,498,542.16

Clearance obtained in terms of           Yes
paragraph 3.66 of the JSE Listings
Requirements
This share purchase by Mr Gordhan indicates his confidence in the
group’s future and especially its African expansion strategy. In the
last 30 days Mr Gordhan has purchased a total of 977 944 PPC shares.

Johannesburg
17 September 2013

Sponsor
Merrill Lynch South Africa (Pty) Limited

Date: 17/09/2013 12:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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