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PIK
PIK
PIK - Pick n Pay Stores Ltd - Dealing in securities by directors
Pick n Pay Stores Ltd
(Incorporated in the Republic of South Africa)
(Registration number 1968/008034/06)
Share code: PIK
ISIN: ZAE000005443
DEALING IN SECURITIES BY DIRECTORS
In compliance with the JSE Listing Requirements, the following information is
disclosed:
Director : Nicholas Badminton
Company : Pick n Pay Stores Limited
Date of transaction : 15 June 2010
Nature of transaction : Off market receipt of shares equal
in value to the gain on 500 000 share
options granted on 13 June 2005 and
exercised on 13 June 2010.
Number of securities transferred : 240 154
Class of security : Ordinary
Grant price of options : R22.30
Exercise price per share : R42.91
Total value of shares received : R10 305 000
Nature of interest : Direct beneficial
Clearance obtained : Yes
Director : Dennis Cope
Company : Pick n Pay Stores Limited
Date of transaction : 15 June 2010
Nature of transaction : Off market receipt of shares equal
in value to the gain on 250 000 share
options granted on 13 June 2005 and
exercised on 13 June 2010.
Number of securities transferred : 120 077
Class of security : Ordinary
Grant price of options : R22.30
Exercise price per share : R42.91
Total value of shares received : R5 152 500
Nature of interest : Indirect beneficial
Clearance obtained : Yes
Director : Suzanne Ackerman-Berman
Company : Pick n Pay Stores Limited
Date of transaction : 15 June 2010
Nature of transaction : Off market receipt of shares
equal in value to the gain on 100 000
share options granted on 13 June 2005
and exercised on 13 June 2010.
Number of securities transferred : 48 031
Class of security : Ordinary
Grant price of options : R22.30
Exercise price per share : R42.91
Total value of shares received : R2 061 000
Nature of interest : Direct beneficial
Clearance obtained : Yes
Company Secretary : Gary Lea
Company : Pick n Pay Stores Limited
Date of transaction : 15 June 2010
Nature of transaction : Off market receipt of shares equal
in value to the gain on 75 000 share
options granted on 13 June 2005 and
exercised on 13 June 2010.
Number of securities transferred : 36 024
Class of security : Ordinary
Grant price of options : R22.30
Exercise price per share : R42.91
Total value of shares received : R1 545 750
Nature of interest : Direct beneficial
Clearance obtained : Yes
Cape Town
17 June 2010
Sponsor
Investec Bank Limited
Date: 17/06/2010 17:32:01 Produced by the JSE SENS Department.
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