PPC LIMITED - Dealing in Securities by an Associate of a Director

Dealing in Securities by an Associate of a Director

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

DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR

In compliance with the       JSE   Limited   Listings   Requirements,   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*

Date of transaction                :         23 March 2020
Number of securities               :         2 840 227
Nature of transaction              :         On-market purchase of securities
Class of securities                :         Ordinary shares
Share price                        :         R1.0071
Value of transaction               :         R2 860 392.61
Nature of interest                 :         Indirect Beneficial
Clearance to deal obtained         :         Yes

Date of transaction                :         24 March 2020
Number of securities               :         2 313 086
Nature of transaction              :         On-market purchase of securities
Class of securities                :         Ordinary shares
Share price                        :         R1.2087
Value of transaction               :         R2 795 827.05
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 registered investment manager to Value
Capital Partners H4 QI Hedge Fund and various other funds.

Sandton
26 March 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: 26-03-2020 02:30:00
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