Enhanced Investments - Financial Portal

Grant and acceptance of forfeitable share awards and dealing by an associate of a director of main subsidiary

Published: 2023-09-21 15:08:22 ET

Shoprite Holdings Limited
(Incorporated in the Republic of South Africa)
Registration no. 1936/007721/06
ISIN: ZAE000012084
JSE share code: SHP
A2X share code: SHP
NSX share code: SRH
LuSE share code: SHOPRITE
(“Shoprite Holdings”)

GRANT AND ACCEPTANCE OF FORFEITABLE SHARE AWARDS IN TERMS OF THE
SHOPRITE HOLDINGS LIMITED EXECUTIVE SHARE PLAN AND DEALING IN
SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF MAIN SUBSIDIARY

In compliance with rule 3.63 of the JSE Listings Requirements, the following information is
disclosed:

1.   Nature of transactions                      Grant and acceptance of forfeitable share
                                                 awards in terms of the performance option
                                                 of the Shoprite Holdings Limited Executive
                                                 Share Plan (off market)
     Date of acceptance of award                 21 September 2023
     Performance award price                     R254.87
     Vesting period                              Three years
     Interest                                    Direct beneficial
     Written clearance to deal received          Yes

     a.    Name                                  P Engelbrecht
           Office Held                           Chief Executive Officer
           Number of forfeitable share awards    62,251 performance based awards
           Value of the transaction              R15,865,912.37

     b.    Name                                  A de Bruyn
           Office Held                           Executive Director
           Number of forfeitable share awards    25,669 performance based awards
           Value of the transaction              R6,542,258.03

     c.    Name                                  J Brönn
           Office Held                           Director of Main Subsidiary Company,
                                                 Shoprite Checkers (Pty) Ltd
           Number of forfeitable share awards    24,464 performance based awards
           Value of the transaction              R6,235,139.68

     d.    Name                                  D Cohn
           Office Held                           Director of Main Subsidiary Company,
                                                 Shoprite Checkers (Pty) Ltd
           Number of forfeitable share awards    2,614 performance based awards
           Value of the transaction              R666,230.18

     e.    Name                                  P du Preez
           Office Held                           Director of Main Subsidiary Company,
                                                 Shoprite Checkers (Pty) Ltd
          Number of forfeitable share awards   9,226 performance based awards
          Value of the transaction             R2,351,430.62

     f.   Name                                 A Gardener
          Office Held                          Director of Main Subsidiary Company,
                                               Shoprite Checkers (Pty) Ltd
          Number of forfeitable share awards   10,600 performance based awards
          Value of the transaction             R2,701,622.00

     g.   Name                                 A Havinga
          Office Held                          Director of Main Subsidiary Company,
                                               Shoprite Checkers (Pty) Ltd
          Number of forfeitable share awards   13,162 performance based awards
          Value of the transaction             R3,354,598.94

     h.   Name                                 W Hunlun
          Office Held                          Director of Main Subsidiary Company,
                                               Shoprite Checkers (Pty) Ltd
          Number of forfeitable share awards   19,520 performance based awards
          Value of the transaction             R4,975,062.40

     i.   Name                                 N Schreuder
          Office Held                          Director of Main Subsidiary Company,
                                               Shoprite Checkers (Pty) Ltd
          Number of forfeitable share awards   15,415 performance based awards
          Value of the transaction             R3,928,821.05

     j.   Name                                 A van Mazijk
          Office Held                          Director of Main Subsidiary Company,
                                               Shoprite Checkers (Pty) Ltd
          Number of forfeitable share awards   4,831 performance based awards
          Value of the transaction             R1,231,276.97

2.   Name                                      J Brönn
     Office Held                               Director of Main Subsidiary Company,
                                               Shoprite Checkers (Pty) Ltd
     Associate                                 Verkykerskop Trust
     Date of transaction                       20 September 2023
     Number of shares                          20,821 ordinary shares
     Price per share                           R243.82
     Value of the transaction                  R5,076,576.22
     Nature of interest of director            Indirect beneficial via an off-market sale
                                               of shares to the Verkykerskop Trust of
                                               which Mr Brönn is a Trustee and
                                               Beneficiary
     Nature of interest of associate           Direct beneficial
     Written clearance to deal received        Yes


Cape Town
Date 21 September 2023

Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.