PFG - Pioneer Food Group Limited - Exercise of options and acquisition of
PFG
PFG
PFG - Pioneer Food Group Limited - Exercise of options and acquisition of
shares
PIONEER FOOD GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1996/017676/06)
JSE share code: PFG
ISIN: ZAE000118279
("the company")
EXERCISE OF OPTIONS AND ACQUISITION OF SHARES
Notice is hereby given, in terms of paragraphs 3.63 to 3.65 of the Listings
Requirements of the JSE Limited, of the following transactions by a the
company secretary of the company in respect of the company`s shares:
Name: Thiroshnee Naidoo
Date of transaction: 21 December 2009
Nature of transaction: Acquisition of Shares from
the Pioneer Foods Phantom
Share Plan
Class of securities: Phantom Shares converting to
Ordinary Shares
Number of options exercised and option strike 3 768 PSR`s at R25.48 per
price: share
Value of transaction: R 96 008.64
Vesting date: On exercise of the options
Option issued on 09/06/2008
and 20% vested on June 2009
Number of shares acquired and price: 3768 PSR`s at a market price
of R37.00 per share converts
to 1101 Ordinary Shares
Value of transaction: R 40 737.00
Nature and extent of directors` interest Direct beneficial
Clearance obtained in terms of paragraph 3.66
of the Listings Requirements of the Yes
JSE Limited:
Paarl
23 December 2009
Sponsor:
Barnard Jacobs Mellet Corporate Finance (Pty) Ltd
Date: 23/12/2009 17:38:01 Produced by the JSE SENS Department.
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