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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
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