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PIK
PIK
PIK - Pick `n Pay Stores Ltd - Directors dealings
Pick `n Pay Stores Ltd
(Incorporated in the Republic of South Africa)
(Registration number 1968/008034/06)
Share code: PIK & ISIN: ZAE000005443
DIRECTORS DEALINGS
The Trustees of the Executive Share Incentive Scheme ("the scheme") have
authorized scheme participants to enter into forward sale agreements on a
portion of their share rights which vest after 10 years on 31 December 2007.
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the
following information is disclosed:
Company director : Nicholas Badminton
Number of shares : 183 604
Forward price per share : R35.23
Date of transaction : 1 August 2007
Effective date of forward sale : 31 December 2007
Class of shares : Ordinary
Nature of interest : Direct beneficial
Approval : Approval obtained from Trustees who are
non-executive
Company director : Nicholas Badminton
Number of shares : 150 000
Forward price per share : R35.23
Date of transaction : 1 August 2007
Effective date of forward sale : 31 December 2007
Class of shares : Ordinary
Nature of interest : Indirect beneficial
Approval : Approval obtained from Trustees who are
non-executive directors
Company director : Dennis Cope
Number of shares : 333 604
Forward price per share : R35.23
Date of transaction : 1 August 2007
Effective date of forward sale : 31 December 2007
Class of shares : Ordinary
Nature of interest : Indirect beneficial
Approval : Approval obtained from Trustees who are
non-executive directors
Company Secretary : Gary Lea
Number of shares : 83 401
Forward price per share : R35.23
Date of transaction : 1 August 2007
Effective date of forward sale : 31 December 2007
Class of shares : Ordinary
Nature of interest : Direct beneficial
Approval : Approval obtained from Trustees who are
non-executive directors
Cape Town
1 August 2007
Sponsor :Investec Bank Limited
Date: 01/08/2007 16:15:23 Produced by the JSE SENS Department.
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