PEPKOR HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2017/221869/06)
Share Code: PPH
Debt Code: PPHI
ISIN: ZAE000259479
LEI: 3789006D677C34F69875
(“Pepkor” or the “Company”)
DEALINGS IN SECURITIES BY AN ASSOCIATE
Vista Treasury Proprietary Limited (“Vista“), an associate company of Mr. PJ Erasmus,
subscribed for 12 060 000 000 ordinary shares in the issue share capital of Business Venture
Investments No 1499 Proprietary Limited (“BVI”) for a total consideration of R482 400 000 (“the
Subscription Price”). Vista discharged the Subscription Price by the transfer of 20 000 000
Pepkor Shares to BVI at a price of R24.12 per share (“the BVI Acquisition”). Following the BVI
Acquisition, Vista will be the controlling shareholder of BVI and Vista’s indirect interest in the
Pepkor Shares will remain unchanged.
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited (“JSE”) Listings Requirements
and paragraphs 6.45 to 6.56 of the JSE Debt and Specialist Securities Listings Requirements,
the following information regarding the transfer of securities is disclosed:
NAME OF DIRECTOR PJ Erasmus
ROLE Executive director of Pepkor and director of
Pepkor Trading (Pty) Limited
(a major subsidiary of the Company)
(“Pepkor Trading”)
NAME OF ASSOCIATE Vista Treasury (Proprietary) Limited
RELATIONSHIP TO DIRECTOR Director of Associate
COMPANY OF WHICH HE IS A DIRECTOR Pepkor and Pepkor Trading
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Off market transfer
DATE OF TRANSACTION 29 September 2025
PRICE PER SHARE R 24.12
NUMBER OF SECURITIES 20 000 000
TRANSFERRED
TOTAL RAND VALUE OF SECURITIES R482 400 000
TRANSFERRED
NATURE AND EXTENT OF INTEREST IN Indirect, beneficial through Vista Treasury
THE TRANSACTION (Proprietary) Limited of which PJ Erasmus is
a director
Parow
1 October 2025
Equity Sponsor and Debt Sponsor
Investec Bank Limited