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Dealings in securities by a director, company secretary and the group
Pick n Pay Stores Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1968/008034/06)
JSE share code: PIK
ISIN: ZAE000005443
("Pick n Pay" or "the Group")
DEALINGS IN SECURITIES BY A DIRECTOR, COMPANY SECRETARY AND THE GROUP
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, shareholders are
advised of the following dealings in Pick n Pay securities:
Company Secretary Vaughan Pierce
Company Pick n Pay
Date of transaction 25 June 2025
Nature of transaction On-market sale of ordinary shares
Number of securities 6 000
Class of securities Ordinary shares
Sale price per security R27.197
Total value of transaction R163 182.00
Nature of interest Direct beneficial
Clearance obtained Yes
Director Lerena Olivier
Company Pick n Pay
Date of transaction 25 June 2025
Nature of transaction On-market sale of shares to fund tax
obligations arising on vesting of shares
in terms of the Group's Restricted
Forfeitable Share Plan
Number of securities 16 182
Class of securities Ordinary shares
Sale price per security R27.197
Total value of transaction R440 101.85
Date of transaction 25 June 2025
Nature of transaction Off-market acceptance of Restricted
Forfeitable Shares awarded in terms of
the Group's Restricted Forfeitable
Share Plan
Number of securities 234,666
Class of securities Ordinary shares
Deemed price per security* R30.00
Deemed value of transaction R7 040 000.00
Nature of interest Direct beneficial
Clearance obtained Yes
*The Restricted Forfeitable Shares are issued at nil cost, at an agreed deemed price of R30.00 per
Restricted Forfeitable Share.
The Restricted Forfeitable Shares will vest on 25 June 2027, subject to the achievement of specific
performance conditions, including both personal key performance indicators and financial metrics
linked to the Group's financial performance. Dividends accruing during the performance period will be
payable upon vesting, pro-rated to the number of shares that ultimately vest.
DEALINGS IN SECURITIES BY THE PICK N PAY GROUP
In compliance with Schedule 14.9 and paragraphs 3.63 to 3.74 of the JSE Listings Requirements, the
following information is provided regarding dealings in securities by the Group. The Group purchased
920 513 Pick n Pay ordinary shares on the open market of the Johannesburg Stock Exchange that will
be utilised for the future settlement of share awards issued under the Pick n Pay Restricted Forfeitable
Share Plan.
The ordinary shares were acquired with prior clearance and on a direct beneficial basis. The shares will
be held in treasury until such time that the shares have vested under the rules of the long-term
incentive plan. The total transaction value amounted to R25 096 406.20.
The daily high, low and volume-weighted average price ("VWAP") for the various transactions effected
by the Group were:
Acquisition Number of VWAP Total value Highest Price Lowest Price
date shares Cents per share ZAR Cents per share Cents per share
25 June 2025 920 513 2 726.35 R25 096 406.20 2 747.00 2 682.00
By order of the Board
Cape Town
30 June 2025
Sponsor:
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 30-06-2025 05:05:00
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