PICK N PAY STORES LIMITED - Dealing in securities by Directors

Release Date: 11/08/2015 07:05
Code(s): PIK
 
Wrap Text
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                                       :   Suzanne Ackerman-Berman
Company                                        :   Pick n Pay Stores Limited
Date of transaction                            :   11 August 2015
Nature of transaction                          :   Acceptance of vested share options in
                                                   terms of the Pick n Pay 1997 Share Option
                                                   Scheme as adopted and approved by
                                                   shareholders
Number of options                              :   147 215
Class of security                              :   Ordinary
Volume weighted average price per option       :   R28.46
Value of transaction                           :   R4 189 829.53
Highest issue price per share option           :   R42.28
Lowest issue price per share option            :   R21.00
Nature of interest                             :   Direct beneficial
Clearance obtained                             :   Yes


Director                                       :   Suzanne Ackerman-Berman
Company                                        :   Pick n Pay Stores Limited
Date of transaction                            :   11 August 2015
Number of securities                           :   147 215 shares
Class of security                              :   Ordinary
Nature of transaction                          :   Sale of shares (off market) pursuant to the
                                                   vesting and exercise of share options
Price per share                                :   R58.71
Value of transaction                           :   R4 189 829.53
Nature of interest                             :   Direct beneficial
Clearance obtained                             :   Yes


Director                                       :   Jonathan Ackerman
Company                                        :   Pick n Pay Stores Limited
Date of transaction                            :   11 August 2015
Nature of transaction                          :   Acceptance of vested share options in
                                                   terms of the Pick n Pay 1997 Share Option
                                                   Scheme as adopted and approved by
                                                   shareholders
Number of options                              :   55 014
Class of security                              :   Ordinary
Volume weighted average price per option       :   R30.55
Value of transaction                           :   R1 680 500.30
Highest issue price per share option           :   R42.28
Lowest issue price per share option            :   R20.70
Nature of interest                             :   Direct beneficial
Clearance obtained                             :   Yes


Director                                       :   Jonathan Ackerman
Company                                        :   Pick n Pay Stores Limited
Date of transaction                            :   11 August 2015
Nature of transaction                          :   Sale of shares (off market) pursuant to the
                                                   vesting and exercise of share options
Number of securities sold                      :   55 014 shares
Class of security                              :   Ordinary
Price per share                                :   R58.71
Value of transaction                           :   R1 680 500.30
Nature of interest                             :   Direct beneficial
Clearance obtained                             :   Yes



Sponsor: Investec Bank Limited
11 August 2015

Cape Town

Date: 11/08/2015 07:05:00 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.

Email this JSE Sens Item to a Friend.

Share This Story