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PICK N PAY STORES LIMITED - Dealing in securities by Director

Release Date: 08/11/2019 16:31
Code(s): PIK     PDF:  
 
Wrap Text
Dealing in securities by Director

Pick n Pay Stores Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1968/008034/06)
Share Code: PIK
ISIN code: ZAE000005443


PICK N PAY STORES LIMITED – DEALING IN SECURITIES BY DIRECTOR


Following his retirement as an executive director, forfeitable shares vested in A Jakoet in
terms of the Pick n Pay Stores Limited Forfeitable Share Plan. The participant elected to
sell the vested forfeitable shares on-market. In compliance with rule 3.63 of the JSE
Listings Requirements, the following information is disclosed:

 Executive Director:                         A Jakoet
 Company:                                    Pick n Pay Stores Limited
 Nature of transaction:                      Nil cost vesting of Forfeitable Share Awards
 Number of forfeitable shares delivered
 and sold:                                   140 000
 Date of vesting:                            7 November 2019
 Class of shares:                            Ordinary shares
 Date of transaction:                        7 November 2019
 Weighted average sale price per share:      R69.78
 Total value of shares sold:                 R9,769,200.00
 Highest price per share:                    R70.40
 Lowest price per share:                     R69.30
 Nature of interest:                         Direct beneficial
 Clearance obtained:                         Yes


By order of the Board
Cape Town
8 November 2019

Sponsor:
Investec Bank Limited

Date: 08/11/2019 04:31:00
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