PPC LIMITED - Dealing in Securities by an Associate of a Director and Disclosure of Beneficial Interest in Securities

Dealing in Securities by an Associate of a Director and Disclosure of Beneficial Interest in Securities

PPC Ltd
(Incorporated in the Republic of South Africa)
Company registration number: 1892/000667/06
JSE / ZSE code: PPC
JSE ISIN: ZAE000170049
 (“PPC” or “Company”)

DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR AND DISCLOSURE OF BENEFICIAL
INTEREST IN SECURITIES

In compliance with the       JSE   Limited   Listings   Requirements,   the   following
information is disclosed:

Director                           :         Mr AC Ball
Title                              :         Non-Executive Director
Director                           :         Ms N Mkhondo
Title                              :         Non-Executive Director
Company                            :         PPC Limited
Name of Associate                  :         Value Capital Partners (Pty) Ltd*

Date of transaction                :         13 February 2020
Number of securities               :         12 725 499
Nature of transaction              :         On-market purchase of securities
Class of securities                :         Ordinary shares
Share price                        :         R1.97
Value of transaction               :         R25 069 233.03
Nature of interest                 :         Indirect Beneficial
Clearance to deal obtained         :         Yes


* Mr AC Ball and Ms N Mkhondo have an indirect beneficial interest in Value Capital
Partners (Pty) Ltd (“VCP”), which is the advisor to Legae Peresec Fund Platform
Proprietary Limited, the registered investment manager for various funds advised
by VCP.

BENEFICIAL INTEREST IN SECURITIES

In terms of paragraph 3.83(b) of the JSE Listings Requirements and section
122(3)(b) of the Companies Act, No. 71 of 2008, as amended, shareholders are
advised that PPC has received formal notification that VCP has acquired additional
beneficial interest in the ordinary shares of the Company, such that the total
interest held in PPC now amounts to 15.00% (fifteen percent) of the total issued
ordinary shares of the Company.

Sandton
17 February 2020

Sponsor
Merrill Lynch South Africa (Pty) Limited

Investor contacts:
PPC:
Anashrin Pillay
Tel: +27 (0)11 386 9000
Anashrin.Pillay@ppc.co.za

Date: 17-02-2020 05:30:00
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