Enhanced Investments - Financial Portal

Dealing in Securities by Director

Published: 2022-06-24 16:40:25 ET

Pick n Pay Stores Limited
Incorporated in the Republic of South Africa
Registration number 1968/008034/06
Share code: PIK
ISIN: ZAE000005443

DEALING IN SECURITIES BY DIRECTOR

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

Director                         :   A Jakoet
Company                          :   Pick n Pay Stores Limited
Date of transaction              :   24 June 2022
Nature of transaction            :   Off market restructure pursuant to which the shares are
                                     transferred to a company that is held as to (i) 90% thereof by
                                     a family trust (noting that the Director is not a trustee or
                                     beneficiary of the trust), and (ii) 10% thereof by the director
Class of security                :   Ordinary shares
Number of securities sold        :   750 000
Sale price                       :   R56.84
Total value of shares sold       :   R42 630 000
Nature of interest               :   Change from direct beneficial to indirect beneficial
Clearance obtained               :   Yes


Cape Town
24 June 2022

Sponsor: Investec Bank Limited

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

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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.

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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.