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
ISIN: ZAE000259479
(“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 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                   13 March 2020

DATE OF ACCEPTANCE OF SHARE                     16 March 2020
RIGHTS

PRICE AT WHICH SHARE RIGHTS                     Zero cost
AWARDED

NUMBER OF SHARE RIGHTS ACCEPTED                 1 013 832                       (1)
                                                623 365                         (2)
                                                561 806                         (3)

TOTAL RAND VALUE OF SHARE RIGHTS                R 14 153 094.72                 (1)
ACCEPTED BASED ON THE CLOSING                   R 8 702 175.40                  (2)
SHARE PRICE OF R13.96 ON 13 MARCH               R 7 842 811.76                  (3)
2020

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 paragraph 3.66 of the JSE Limited Listings
Requirements.

Parow
17 March 2020

Equity Sponsor
PSG Capital

Date: 17-03-2020 11:00:00
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