PEPKOR HOLDINGS LIMITED - Acceptance Of Rights Granted Under The Pepkor Holdings Limited Executive Share Rights Scheme

Acceptance Of Rights Granted Under The Pepkor Holdings Limited Executive Share Rights Scheme

PEPKOR HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2017/221869/06)
Share Code: PPH
Debt Code : PPHI
ISIN: ZAE000259479
(“Pepkor” or “the Company”)

ACCEPTANCE OF RIGHTS GRANTED UNDER THE PEPKOR HOLDINGS LIMITED EXECUTIVE SHARE RIGHTS SCHEME (“SCHEME”)

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited (“JSE”) Listings Requirements
and paragraphs 6.42 to 6.53 of the JSE Debt Listings Requirements, the following information
regarding the acceptance of rights granted under the Scheme is disclosed:

 NAMES OF DIRECTORS                              LM Lourens                        (1)
                                                 RG Hanekom                        (2)
                                                 JL Hamman                         (3)

 COMPANY OF WHICH A DIRECTOR                     Pepkor Holdings Limited           (1 - 2)
                                                 Pepkor Trading Proprietary        (3)
                                                 Limited (a major subsidiary
                                                 of the Company)

 STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive

 TYPE AND CLASS OF SECURITIES                    Share rights to ordinary shares in the
                                                 Company granted in terms of the Scheme

 NATURE OF TRANSACTIONS                          Acceptance of share rights in terms of the
                                                 Scheme (off-market transactions)

 DATE OF AWARD OF SHARE RIGHTS                   1 March 2021

 DATE OF ACCEPTANCE OF SHARE                     3 March 2021
 RIGHTS

 PRICE AT WHICH SHARE RIGHTS                     Zero cost
 AWARDED

 NUMBER OF SHARE RIGHTS ACCEPTED                 1 445 334                        (1)
                                                   966 665                        (2)
                                                   787 723                        (3)

 TOTAL RAND VALUE OF SHARE RIGHTS                R 21 680 010                     (1)
 ACCEPTED BASED ON THE CLOSING                   R 14 499 975                     (2)
 SHARE PRICE OF R15.00 ON 2 MARCH                R 11 815 845                     (3)
 2021

 VESTING DATE OF SHARE RIGHTS                    The share rights shall vest on the third
                                                 anniversary of the award date subject to
                                                 the achievement of performance criteria

 NATURE AND EXTENT OF INTEREST IN                Direct, beneficial
 THE TRANSACTION

Clearance for the above was obtained in terms of paragraphs 3.66 and 6.45 of the JSE Listings
Requirements and JSE Debt Listings Requirements, respectively.

Parow
4 March 2021

Equity Sponsor
PSG Capital

Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

Date: 04-03-2021 10:00:00
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