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PETMIN LIMITED - Director's dealings in securities

Release Date: 19/12/2016 08:00
Code(s): PET     PDF:  
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Director's dealings in securities

PETMIN LIMITED
Incorporated in the Republic of South Africa
Registration Number 1972/001062/06
Share Code JSE: PET
ISIN: ZAE000076014
(“Petmin” or the “Company”)


DIRECTORS’ DEALINGS IN SECURITIES

Unless otherwise indicated, capitalised words and terms contained in this announcement shall bear
the same meanings ascribed thereto in the joint firm intention announcement published by Petmin
and Bidco on SENS today, 19 December 2016 (“Announcement”).

In terms of the Announcement, Shareholders were advised of the firm intention by Bidco to make two
separate but concurrent offers to acquire all or a portion of the issued ordinary shares in Petmin
(“Petmin Shares”), excluding the Petmin Shares held by Petmin’s subsidiaries (“Offer Shares”),
(collectively, the “Offer”).

Shareholders are hereby advised that, in terms of paragraphs 3.63 ? 3.74 of the Listings
Requirements, the following information relating to deemed dealings in securities by directors of the
Company and their associates (collectively, the “Directors”), in respect of the Irrevocables provided
pursuant to the Offer, be disclosed.

Each of the Directors, as set out below, have irrevocably undertaken, in their capacity as
Shareholders, to:

*    attend the General Meeting and vote in favour of all the resolutions required to approve the
     Transaction; and

*    accept the Standby Offer (subject to the Scheme not becoming operative).




Name of Director:                 Mr. J. du Preez (Executive Director)

Date:                             7 December 2016

Class of securities:              Ordinary shares

Number of Petmin Shares:          6 696 374

Price per Petmin Share:           R1.60, being the value of the Share Consideration

Total value:                      R10 714 198.40

Extent of interest:               Direct beneficial

On-market or off-market           N/A



Name of Director:                 Mr. J. du Preez (Executive Director)

Date:                             7 December 2016

Class of securities:              Ordinary shares

Number of Petmin Shares:          28 454 496

Price per Petmin Share:           R1.60, being the value of the Share Consideration

Total value of the transaction:   R45 527 193.60

Extent of interest:               Indirect non-beneficial

On-market or off-market           N/A



Name of Director:                 Mr. J. du Preez (Executive Director)

Date:                             7 December 2016

Class of securities:              Ordinary shares

Number of Petmin Shares:          3 213 865

Price per Petmin Share:           R1.60, being the value of the Share Consideration

Total value:                      R5 142 184.00

Extent of interest:               Indirect non-beneficial

On-market or off-market           N/A



Name of Director:                 Mr. B. Tanner (Executive Director)

Date:                             8 December 2016

Class of securities:              Ordinary shares

Number of Petmin Shares:          1 712 985

Price per Petmin Share:           R1.60, being the value of the Share Consideration

Total value:                      R2 740 776.00

Extent of interest:               Direct beneficial

On-market or off-market           N/A



Name of Director:                 Mr. B. Doig (Executive Director)

Date:                             9 December 2016

Class of securities:              Ordinary shares

Number of Petmin Shares:          710 849

Price per Petmin Share:           R1.60, being the value of the Share Consideration

Total value:                      R1 137 358.40

Extent of interest:               Direct beneficial

On-market or off-market           N/A



Name of Director:                 Mr. B. Doig (Executive Director)

Date:                             9 December 2016

Class of securities:              Ordinary shares

Number of Petmin Shares:          278 902

Price per Petmin Share:           R1.60, being the value of the Share Consideration

Total value:                      R446 243.20

Extent of interest:               Indirect beneficial

On-market or off-market           N/A



Name of Director:                 Ms. A. L. K. Mogotsi (Non-Executive Director)

Date:                             14 December 2016

Class of securities:              Ordinary shares

Number of Petmin Shares:          4 031 828

Price per Petmin Share:           R1.60, being the maximum value of the Offer Consideration

Total value:                      R6 450 924.80

Extent of interest:               Direct beneficial

On-market or off-market            N/A



Name of Director:                 Ms. A. L. K. Mogotsi (Non-Executive Director)

Date:                             14 December 2016

Class of securities:              Ordinary shares

Number of Petmin Shares:          3 501 503

Price per Petmin Share:           R1.60, being the maximum value of the Offer Consideration

Total value:                      R5 602 404.80

Extent of interest:               Indirect non-beneficial

On-market or off-market           N/A



Name of Director:                 Mr. E. Greyling (Non-Executive Director)

Date:                             15 December 2016

Class of securities:              Ordinary shares

Number of Petmin Shares:          4 270 000

Price per Petmin Share:           R1.60, being the maximum value of the Offer Consideration

Total value:                      R6 832 000

Extent of interest:               Direct beneficial



Name of Director:                 Mr. I. Cockerill (Non-Executive Director)

Date:                             12 December 2016

Class of securities:              Ordinary shares

Number of Petmin Shares:          5 783 333

Price per Petmin Share:           R1.60, being the maximum value of the Offer Consideration

Total value:                      R9 253 332.80

Extent of interest:               Indirect non-beneficial



Clearance has been received in terms of paragraph 3.66 of the Listings Requirements in respect of
the above transactions.

It should, therefore, be noted that the Petmin Shares referred to in this announcement have not yet
been disposed of and will only be acquired by Bidco should the Offer become operative.


Enquiries:

Petmin
Bradley Doig
+27 824 597 818
www.petmin.co.za

Media
Jonathon Rees
+27 76 185 1827

JSE Sponsor and Corporate Adviser
River Group
Andrew Lianos
+27 834 408 365

Johannesburg
19 December 2016

Date: 19/12/2016 08:00:00 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
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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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