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Tue 19 Jan 2010, 15:58 PFG - Pioneer Food Group Limited - Dealings In Securities By Director
PFG
PFG                                                                             
PFG - Pioneer Food Group Limited - Dealings In Securities By Director           
PIONEER FOOD GROUP LIMITED                                                      
(Incorporated in the Republic of South Africa)                                  
(Registration number 1996/017676/06)                                            
JSE share code: PFG                                                             
ISIN: ZAE000118279                                                              
("the company")                                                                 
DEALINGS IN SECURITIES BY DIRECTOR                                              
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 directors of  
the company in respect of the company`s shares:                                 
Name of director                        MT Swanepoel                            
Date of transaction                     15 January 2010                         
Nature of transaction                   Exercise of option to purchase shares in
                                       terms of a share scheme in terms of      
which the option to purchase shares was  
                                       granted on 24 December 2004              
Price                              :    R 14.05 per share                       
Number of shares                   :    11 701                                  
Transaction value                  :    R 164 399.05                            
Vesting period                     :    20% on each anniversary of the date of  
                                       grant for 5 years                        
Class of instrument                :    Ordinary shares                         
Nature of interest                 :    Direct beneficial                       
Clearance obtained in terms                                                     
paragraph 3.66 of the Listings                                                  
Requirements             :              Yes                                     
Name of director                   :    MT Swanepoel                            
Date of transaction                :    15 January 2010                         
Nature of transaction              :    Sale of shares                          
Price                              :    R 40.06 per share                       
Number of shares                   :    11 701                                  
Transaction value                  :    R 468 742.06                            
Class of instrument                :    Ordinary shares                         
Nature of interest                 :    Direct beneficial                       
Clearance obtained in terms                                                     
paragraph 3.66 of the Listings                                                  
Requirements                       :    Yes                                     
Name of director                   :    MT Swanepoel                            
Date of transaction                :    18 January 2010                         
Nature of transaction              :    Exercise of option to purchase shares in
                                       terms of a share scheme in terms of      
                                       which the option to purchase shares was  
granted on 24 December 2004              
Price                              :    R 14.05 per share                       
Number of shares                   :    32 899                                  
Transaction value                  :    R 462 230.95                            
Vesting period                     :    20% on each anniversary of the date of  
                                       grant for 5 years                        
Class of instrument                :    Ordinary shares                         
Nature of interest                 :    Direct beneficial                       
Clearance obtained in terms                                                     
paragraph 3.66 of the Listings                                                  
Requirements                       :    Yes                                     
Name of director                   :    MT Swanepoel                            
Date of transaction                :    18 January 2010                         
Nature of transaction              :    Sale of shares                          
Price                              :    R 39.94 per share                       
Number of shares                   :    32 899                                  
Transaction value                  :    R 1 313 986.06                          
Class of instrument                :    Ordinary shares                         
Nature of interest                 :    Direct beneficial                       
Clearance obtained in terms                                                     
paragraph 3.66 of the Listings                                                  
Requirements                       :    Yes                                     
Name of director                   :    MT Swanepoel                            
Date of transaction                :    18 January 2010                         
Nature of transaction              :    Payment of purchase price in terms of an
                                       option exercised on 28 May 2004 in terms 
                                       of a deferred delivery share scheme      
Price at which option was granted  :    R 8.65 per share                        
Price per share on 18 January 2010  :   R 40.00                                 
Number of shares                   :    49 500                                  
Transaction value                  :    R 428 175.00                            
Vesting period                     :    20% on each anniversary of the date of  
grant for 5 years                        
Class of instrument                :    Ordinary shares                         
Nature of interest                 :    Direct beneficial                       
Clearance obtained in terms                                                     
paragraph 3.66 of the Listings                                                  
Requirements                       :    Yes                                     
Paarl                                                                           
19 January 2010                                                                 
Sponsor:                                                                        
Barnard Jacobs Mellet Corporate Finance (Pty) Ltd                               
Date: 19/01/2010 15:58:01 Produced by the JSE SENS Department.                  
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