PICK N PAY STORES LIMITED - Pick n Pay Stores Limited Dealing in securities

Pick n Pay Stores Limited – Dealing in securities

Pick n Pay Stores Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1968/008034/06)
Share Code: PIK
ISIN code: ZAE000005443

PICK N PAY STORES LIMITED – DEALING IN SECURITIES

Dealing in securities by executive directors and company secretary: vesting of forfeitable
shares in terms of the Pick n Pay Stores Limited Forfeitable Share Plan. Participants
elected to sell, on-market, sufficient shares to pay tax and related costs, with the
balance of the shares being retained. In compliance with rule 3.63 of the JSE Listings
Requirements, the following information is disclosed:

Executive Director:                        RWP Brasher
Nature of transaction:                     Nil cost vesting of Forfeitable Share Awards
Number of forfeitable shares delivered:    800 000
Date of vesting:                           17 October 2017
Class of shares:                           Ordinary shares
Price per share:                           R60.3023
Market value of shares:                    R48 241 840.00
Number of shares subsequently sold:        195 230
Date of transaction:                       17 October 2017
Average price per share:                   R60.3023
Highest price per share:                   R60.7000
Lowest price per share:                    R59.6900
Value of shares sold:                      R11 772 818.03
Nature of interest:                        Direct beneficial
Clearance obtained:                        Yes


Executive Director:                        RSJ van Rensburg
Nature of transaction:                     Nil cost vesting of Forfeitable Share Awards
Number of forfeitable shares delivered:    250 000
Date of vesting:                           17 October 2017
Class of shares:                           Ordinary shares
Price per share                            R60.3023
Market value of shares:                    R15 075 575.00
Nature of interest:                        Direct beneficial
Clearance obtained:                        Yes


Executive Director:                        A Jakoet
Nature of transaction:                     Nil cost vesting of Forfeitable Share Awards
Number of forfeitable shares delivered:    250 000
Date of vesting:                           17 October 2017
Class of shares:                           Ordinary shares
Price per share:                           R60.3023
Market value of shares:                    R15 075 575.00
Number of shares subsequently sold:        113 116
Date of transaction:                       17 October 2017
Average price per share:                   R60.3023
Highest price per share:                   R60.7000
Lowest price per share:                    R59.6900
Value of shares sold:                      R6 821 154.97
Nature of interest:                        Direct beneficial
Clearance obtained:                        Yes

Executive Director:                        SD Ackerman-Berman
Nature of transaction:                     Nil cost vesting of Forfeitable Share Awards
Number of forfeitable shares delivered:    150 000
Date of vesting:                           17 October 2017
Class of shares:                           Ordinary shares
Price per share:                           R60.3023
Market value of shares:                    R9 045 345.00
Number of shares subsequently sold:        67 871
Date of transaction:                       17 October 2017
Average price per share:                   R60.3023
Highest price per share:                   R60.7000
Lowest price per share:                    R59.6900
Value of shares sold:                      R4 092 777.40
Nature of interest:                        Direct beneficial
Clearance obtained:                        Yes


Executive Director:                        JG Ackerman
Nature of transaction:                     Nil cost of vesting of Forfeitable Share Awards
Number of forfeitable shares delivered:    150 000
Date of vesting:                           17 October 2017
Class of shares:                           Ordinary shares
Price per share:                           R60.3023
Market value of shares:                    R9 045 345.00
Number of shares subsequently sold:        67 871
Date of transaction:                       17 October 2017
Average price per share:                   R60.3023
Highest price per share:                   R60.7000
Lowest price per share:                    R59.6900
Value of shares sold:                      R4 092 777.40
Nature of interest:                        Direct beneficial
Clearance obtained:                        Yes


Company Secretary:                         DE Muller
Nature of transaction:                     Nil cost vesting of Forfeitable Share Awards
Number of forfeitable shares delivered:    50 000
Date of vesting:                           17 October 2017
Class of shares                            Ordinary shares
Price per share:                           R60.3023
Market value of shares:                    R3 015 115.00
Number of shares subsequently sold:        22 626
Average sale price per share:              R60.3023
Highest sale price per share:              R60.7000
Lowest sale price per share:               R59.6900
Value of shares sold:                      R1 364 399.84
Nature of interest:                        Direct beneficial
Clearance obtained:                        Yes

By order of the Board
Cape Town
18 October 2017
Sponsor:
Investec Bank Limited

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