PICK N PAY STORES LIMITED - Pick n Pay Stores Limited Dealing in securities by a director and by the company secretary

Pick n Pay Stores Limited – Dealing in securities by a director and by the company secretary

Pick n Pay Stores Limited
Incorporated in the Republic of South Africa
Registration number: 1968/008034/06
JSE share code: PIK
ISIN: ZAE000005443
("Pick n Pay" or "the Company")

PICK N PAY STORES LIMITED – DEALING IN SECURITIES BY A DIRECTOR AND BY THE COMPANY
SECRETARY

Pick n Pay shareholders are referred to the announcement released on the Stock Exchange News Service
("SENS") of the JSE Limited ("JSE") and the A2X News Service ("ANS") of the A2X Market on Monday, 5
August 2024 relating to the conclusion of the Company's fully underwritten renounceable rights offer to
qualifying Pick n Pay shareholders ("Rights Offer").

In that announcement, shareholders were advised that CEO Sean Summers and Company Secretary
Vaughan Pierce had sold a portion of their Letters of Allocation ("Rights") related to shares held in the
Pick n Pay restricted Forfeitable Share Plan ("RSP") - in order to raise sufficient funds to subscribe for the
Rights Offer shares applicable to the remaining Rights. The announcement advised that a further trade in
Pick n Pay shares would be required in order to settle the tax arising from the transaction.

In compliance with rule 3.63 of the JSE Listings Requirements, the following information is disclosed:

Name                                                 Sean Summers
Designation                                          Chief Executive Officer
Company                                              Pick n Pay Stores Limited
Date of transaction                                  6 August 2024
Nature of transaction                                On market sale of shares to fund tax arising on action
                                                     taken under the RSP scheme in respect of the Rights Offer
Class of security                                    Ordinary shares
Number of securities sold                            299 065
Volume weighted average price per security           R21.80
Highest price per security                           R22.13
Lowest price per security                            R21.63
Total value of transaction                           R6 520 844.96
Nature of interest                                   Direct beneficial
Clearance obtained                                   Yes


Name                                                 Vaughan Pierce
Designation                                          Company Secretary
Company                                              Pick n Pay Stores Limited
Date of transaction                                  6 August 2024
Nature of transaction                                On market sale of shares to fund tax arising on action
                                                     taken under the RSP scheme in respect of the Rights Offer
Class of security                                    Ordinary shares
Number of securities sold                            652
Volume weighted average price per security           R21.80
Highest price per security                           R22.13
Lowest price per security                            R21.63
Total value of transaction                           R14 216.28
Nature of interest                                   Direct beneficial
Clearance obtained                                   Yes

By order of the Board
Cape Town

7 August 2024

Transaction Sponsor:
Rand Merchant Bank
(a division of FirstRand Bank Limited)

Date: 07-08-2024 05:00:00
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