PBT GROUP LIMITED - Dealing in Securities by an Associate of Directors and Confirmation of Beneficial Interests

Dealing in Securities by an Associate of Directors and Confirmation of Beneficial Interests

PBT Group Limited
(Incorporated in the Republic of South Africa)
(Registration number:1936/008278/06)
JSE Code: PBG
ISIN: ZAE000256319
Main Board - General Segment
("PBT Group" or "the Company")

DEALING IN SECURITIES BY AN ASSOCIATE OF DIRECTORS AND CONFIRMATION OF
BENEFICIAL INTERESTS IN SECURITIES

Shareholders are advised that PBT Group's staff company, Spalding Investments 10 (RF)
Proprietary Limited ("Spalding") which held 27 368 000 PBT Group ordinary shares ("PBT
Shares") (constituting a c. 26.5% holding in PBT Group) and is an associate, on an aggregated
basis, of the directors of the Company and directors of a major subsidiary of PBT Group, has
in an off-market transaction disposed of 1 107 920 PBT Shares on 17 December 2024, to
TheIntrepid Projects Proprietary Limited ("TIP").

Pulsent OH GP Proprietary Limited ("Pulsent OH"), in its capacity as the general partner of the
PBT Direct GP Partnership II en commandite, the latter in its capacity as the general partner of
TheIntrepid PBT Direct Partnership III en commandite, being the 100% shareholder of TIP, is
a majority black-owned and managed investor in PBT Group.

Pule Taukobong, a non-executive director of PBT Group, holds an indirect beneficial interest in
and is a director of Pulsent OH. Pulsent OH is not an associate, as defined in the JSE Limited
Listings Requirements ("Listing Requirements"), of Mr Taukobong.

In compliance with paragraph 3.63 to 3.74 of the Listings Requirements, the following
information is therefore disclosed with regard to the Directors' interests in PBT Shares:

Spalding disposed of PBT Shares to TIP as follows:


Number of securities:                    1 107 920
Cents per share:                         575 cents
Total value:                             R 6 370 540
Nature of transaction:                   Off-market transaction
Class of securities:                     Ordinary shares
Date of transaction:                     17 December 2024
Clearance obtained:                      Yes
The above-mentioned transaction resulted in changes in the indirect beneficial interests in PBT
Group of the below-mentioned persons as follows:


    •   Elizna Read (executive director and CEO of PBT Group) has a 0.55% direct beneficial
        shareholding and her indirect beneficial shareholding in PBT Group has increased to
        5.53% (total 6.08%).
    •   Bianca Pieters (executive director and CFO of PBT Group) has a 0.04% direct
        beneficial shareholding and her indirect beneficial shareholding in PBT Group has
        increased to 1.63% (total 1.67%).
    •   Pule Taukobong (non-executive director of PBT Group) has no direct beneficial interest
        in PBT Group and his indirect beneficial shareholding in PBT Group has increased to
        2.51% (total 2.51%).
    •   Francois de Wet (director of a major subsidiary within PBT Group) has a 0.04% direct
        beneficial shareholding and his indirect beneficial shareholding in PBT Group has
        increased to 1.84% (total 1.88%).


Spalding now holds 26 260 080 (25.4%) PBT Shares and TIP holds 2 115 920 (2.0%) PBT
Shares.

Cape Town
17 December 2024

Sponsor
Questco Corporate Advisory Proprietary Limited

Date: 17-12-2024 10:00:00
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