PICK N PAY STORES LIMITED - Vesting of share options: Company Secretary
PIK 201608120026A
Vesting of share options: Company Secretary
Pick n Pay Stores Limited
(Incorporated in the Republic of South Africa)
(Registration number 1968/008034/06)
Share code: PIK
ISIN: ZAE000005443
VESTING OF SHARE OPTIONS: COMPANY SECRETARY
The share options were granted in 2006 and in 2007 with grant prices of R27.50 and
R31.35 respectively in terms of the share option scheme. The requisite performance
conditions were met in 2013 and in 2014 respectively. An election was made to exercise
the options, pay tax and retain shares, as follows:
Company secretary : DE MULLER
Company : Pick n Pay Stores Limited
Date of transaction : 11 August 2016
Number of share options exercised : 43 000 (off-market)
Total value : R2 160 820.00
Number of shares subsequently sold : 11 074 (on-market)
to pay grant price and tax
Number of shares retained : 15 942
Price per share : R79.99
Nature of interest : Direct beneficial
Clearance obtained : Yes
Sponsor: Investec Bank Limited
Cape Town
12 August 2016
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