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PPC LIMITED - Dealing in Securities and Disclosure of Beneficial Interest

Release Date: 12/12/2018 17:20
Code(s): PPC PPC002 PPC003 PPC005     PDF:  
Wrap Text
Dealing in Securities and Disclosure of Beneficial Interest

PPC Ltd
(Registration number 1892/000667/06)
(Incorporated in the Republic of South Africa)
JSE ISIN: ZAE000170049
JSE & ZSE share codes: PPC
JSE code: PPC002 JSE ISIN: ZAG000111212
JSE code: PPC003 JSE ISIN: ZAG000117524
JSE code: PPC005 JSE ISIN: ZAG000117532
(“PPC” or the “Company”)

DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR AND DISCLOSURE OF BENEFICIAL
INTEREST IN SECURITIES

In compliance with paragraph 3.66 of the JSE Limited Listings Requirements (“JSE LR”), the
following information is disclosed:

Director                                   :             Mr AC Ball
Title                                      :             Non-Executive Director
Director                                   :             Ms N Mkhondo
Title                                      :             Non-Executive Director
Company                                    :             PPC Limited
Name of Associate                          :             Value Capital Partners (Pty) Ltd (“VCP”)*

Date of transaction                        :             6 December 2018
Number of securities                       :             2 560 213
Nature of transaction                      :             On-market purchase of securities
Class of securities                        :             Ordinary shares
Share price                                :             R5.35
Value of transaction                       :             R13 697 139.55
Nature of interest                         :             Indirect Beneficial
Clearance to deal obtained                 :             Yes

Date of transaction                        :             7 December 2018
Number of securities                       :             397 998
Nature of transaction                      :             On-market purchase of securities
Class of securities                        :             Ordinary shares
Share price                                :             R5.4999
Value of transaction                       :             R2 188 949.20
Nature of interest                         :             Indirect Beneficial
Clearance to deal obtained                 :             Yes


* Mr AC Ball and Ms N Mkhondo have an indirect beneficial interest in Value Capital Partners (Pty) Ltd
  (“VCP”), which is the advisor to Peregrine Fund Platform (Pty) Ltd, the registered investment manager
  for various funds advised by VCP.

In terms of paragraph 3.83(b) of the JSE LR and section 122(3)(b) of the Companies Act, No. 71 of 2008, as
amended, shareholders are also advised that the Company has received formal notification that VCP has, in
aggregate, acquired ordinary shares in the Company, such that the total interest in securities currently held
in PPC is 10.07% of the total issued ordinary shares of PPC.

Sandton
12 December 2018

Sponsor
Merrill Lynch South Africa (Pty) Limited

Investor contacts:
PPC:
Anashrin Pillay
Tel: +27 (0)11 386 9000
Anashrin.Pillay@ppc.co.za

Date: 12/12/2018 05:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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