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MR PRICE GROUP LIMITED - Purchase of ordinary shares by Mr Price Group Share Trusts and Employee Share Schemes

Release Date: 07/12/2021 15:00
Code(s): MRP     PDF:  
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Purchase of ordinary shares by Mr Price Group Share Trusts and Employee Share Schemes

Mr Price Group Limited
(Registration number 1933/004418/06)
Incorporated in the Republic of South Africa
ISIN: ZAE000200457
LEI number: 378900D3417C35C5D733
JSE and A2X share code: MRP ("Mr Price Group")

PURCHASE OF ORDINARY SHARES BY MR PRICE GROUP SHARE TRUSTS AND EMPLOYEE SHARE
SCHEMES AND DEALINGS IN SHARES BY DIRECTORS AND THE COMPANY SECRETARY

Purchase of ordinary shares by Mr Price Group Share Trusts and Employee Share Schemes

The Mr Price Share Trust and Mr Price Long-term Incentive Scheme have, with prior clearance, effected an
on-market purchase of a total of 324,141 ordinary shares to settle its obligations to the participants. These
ordinary shares are held in trust and are restricted until all vesting criteria are fulfilled whereupon the shares
vest. To the extent that the vesting criteria are not fulfilled, the share awards are forfeited.

Share Trust:                                                      Mr Price Senior Management Share Trust
Date of transaction:                                              02 December 2021
Number of shares:                                                 110,116
Volume weighted average price per share:                          R 209.65
Highest prices traded:                                            R 210.00
Lowest prices traded:                                             R 208.74
Total value of Senior Management Share Trust transactions:        R 23,085,334.89

Share Trust:                                                      Mr Price Executive Share Trust
Date of transaction:                                              02 December 2021
Number of shares:                                                 37,884
Volume weighted average price per share:                          R 209.65
Highest prices traded:                                            R 210.00
Lowest prices traded:                                             R 208.74
Date of transaction:                                              03 December 2021
Number of shares:                                                 60,658
Volume weighted average price per share:                          R 211.79
Highest prices traded:                                            R 212.65
Lowest prices traded:                                             R 209.85
Total value of Executive Share Trust transactions:                R 20,789,171.90

Share Trust:                                                      Mr Price Executive Director Share Trust
Date of transaction:                                              03 December 2021
Number of shares:                                                 113,483
Volume weighted average price per share:                          R 211.79
Highest prices traded:                                            R 212.65
Lowest prices traded:                                             R 209.85
Total value of Executive Director Share Trust transactions:       R 24,034,939.06

Share Plan:                                                       Mr Price Long-term Incentive Scheme
Date of transaction:                                              02 December 2021
Number of shares:                                                 2,000
Volume weighted average price per share:                          R 209.65
Highest prices traded:                                            R 210.00
Lowest prices traded:                                             R 208.74
Total value of Long-term Incentive Plan transactions:             R 419,291.20

Total value of transactions                                       R 68,328,737.05
Dealings in securities by Directors and the Company Secretary

In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited, the following
information is disclosed:

As set out below, Share Appreciation Rights (SARs) and Conditional Rights (collectively “Awards”) were
granted to the directors and to the company secretary of Mr Price Group on 26 November 2021. The closing
price, which was lower than the 30-day volume weighted average price of an ordinary share, was used in
the determination of the Awards, which was R196.00 per ordinary share. The off-market acceptance of the
Awards by the company secretary and executive directors occurred on 3 December 2021.

                     NUMBER OF                                    TOTAL
                                          NUMBER OF
                     SHARE                                        INDICATIVE             NATURE OF
 DIRECTORS                                CONDITIONAL
                     APPRECIATION                                 VALUE OF               INTEREST
                                          RIGHTS
                     RIGHTS                                       TRANSACTION*
 Mark Blair          77,436               77,436                  R 30,354,912           Direct beneficial
 Mark Stirton        40,529               40,529                  R 15,887,368           Direct beneficial
 Steve Ellis         13,483               13,483                  R 5,285,336            Direct beneficial


                     NUMBER OF                                    TOTAL
                                          NUMBER OF
 COMPANY             SHARE                                        INDICATIVE             NATURE OF
                                          CONDITIONAL
 SECRETARY           APPRECIATION                                 VALUE OF               INTEREST
                                          RIGHTS
                     RIGHTS                                       TRANSACTION*
 Janis Cheadle       8,259                8,259                   R 3,237,528            Direct beneficial

*Total indicative value of the transaction is not representative of the future award to be made. The award
value is based on the share price at the time of vesting and the award strike price subject to performance
conditions being met.

The Awards vest on 26 November 2024 subject to specified performance conditions being met.

The grant and acceptances were authorised by the Chairman and the Remuneration and Nominations
Committee.

Durban
7 December 2021

JSE Equity Sponsor and Corporate Broker
Investec Bank Limited

Date: 07-12-2021 03:00:00
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