PPC LIMITED - Allocation of Shares

Allocation of Shares

PPC Ltd
(Incorporated in the Republic of South Africa)
Company registration number: 1892/000667/06
JSE / ZSE code: PPC
JSE ISIN: ZAE000170049
(“PPC” or “Company”)

ALLOCATION OF SHARES

In accordance with paragraph 3.63 of the JSE Listings Requirements, shareholders
are advised that the following director of the Company has been awarded and
accepted PPC ordinary Shares. The shares were awarded from the company’s
forfeitable share plan.

The Award is in terms of his negotiated employment contract. The allocation
represents PPC ordinary shares as a sign-on award and has a three year vesting
period with a continuous employment condition to the vesting date.

Name of executive director:                Roland Chorstian van Wijnen
Designation:                               Chief Executive Officer
Acceptance Date                            13 February 2020
Nature of transaction:                     Award of PPC ordinary shares
Number of shares awarded:                  1 311 715
Price at which shares were awarded:        R3.83
Value:                                     R5 024 000
Vesting date:                              1 October 2022
Nature and extent of interest:             Direct beneficial
Clearance obtained:                        Yes

All the aforementioned trades were done off-market.


Sandton
17 February 2020

Sponsor
Merrill Lynch South Africa (Pty) Limited

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

Date: 17-02-2020 11:40:00
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.