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Grant and acceptance of forfeitable share awards and dealing in securities by director of main subsidiary

Published: 2022-09-30 18:25:30 ET

SHOPRITE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1936/007721/06
ISIN: ZAE000012084
JSE Share code: SHP NSX Share code: SRH
LuSE Share code: SHOPRITE
(“Shoprite Holdings” or “the Company”)


GRANT AND ACCEPTANCE OF FORFEITABLE SHARE AWARDS IN TERMS OF THE
SHOPRITE HOLDINGS LIMITED EXECUTIVE SHARE PLAN AND DEALING IN
SECURITIES BY 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,
                                                 retention and co-investment options of the
                                                 Shoprite Holdings Limited Executive Share
                                                 Plan (off market)
     Date of acceptance of Award                 30 September 2022
     Retention and Performance Award price       R227.27822
     Co-investment Award price                   R227.27822
     Vesting period                              Three years
     Interest                                    Direct beneficial
     Written clearance to deal received          Yes


     a)    Name                                  P C Engelbrecht
           Office Held                           Chief Executive Officer
           Number of forfeitable share awards    92,862 performance-based awards
                                                 16,387 co-investment awards
           Value of the transaction              R24,829,918.77

     b)    Name                                  A de Bruyn
           Office Held                           Executive Director
           Number of forfeitable share awards    35,155 performance-based awards
                                                 6,204 co-investment awards
           Value of the transaction              R9,400,000.10

     c)    Name                                  J vR Brönn
           Office Held                           Director of Main Subsidiary Company,
                                                 Shoprite Checkers (Pty) Ltd
           Number of forfeitable share awards    36,494 performance-based awards
                                                 6,440 co-investment awards
           Value of the transaction              R9,757,963.30
d)   Name                                 P G du Preez
     Office Held                          Director of Main Subsidiary Company,
                                          Shoprite Checkers (Pty) Ltd
     Number of forfeitable share awards   13,763 performance-based awards
                                          2,429 co-investment awards
     Value of the transaction             R3,680,089.01

e)   Name                                 G Fritz
     Office Held                          Director of Main Subsidiary Company,
                                          Shoprite Checkers (Pty) Ltd
     Number of forfeitable share awards   3,556 performance-based awards
                                          628 co-investment awards
     Value of the transaction             R950,932.09

f)   Name                                 A B Gardener
     Office Held                          Director of Main Subsidiary Company,
                                          Shoprite Checkers (Pty) Ltd
     Number of forfeitable share awards   24,933 performance-based awards
                                          4,400 co-investment awards
     Value of the transaction             R6,666,752.17

g)   Name                                 W J Hunlun
     Office Held                          Director of Main Subsidiary Company,
                                          Shoprite Checkers (Pty) Ltd
     Number of forfeitable share awards   27,563 performance-based awards
                                          4,864 co-investment awards
     Value of the transaction             R7,369,950.99

h)   Name                                 N L Schreuder
     Office Held                          Director of Main Subsidiary Company,
                                          Shoprite Checkers (Pty) Ltd
     Number of forfeitable share awards   24,346 performance-based awards
                                          4,296 co-investment awards
     Value of the transaction             R6,509,702.91

i)   Name                                 Z A Sibiya
     Office Held                          Director of Main Subsidiary Company,
                                          Shoprite Checkers (Pty) Ltd
     Number of forfeitable share awards   3,069 performance-based awards
                                          2,148 retention awards
                                          921 co-investment awards
     Value of the transaction             R1,395,033.74

j)   Name                                 N M Moolman
     Office Held                          Director of Main Subsidiary Company,
                                          Shoprite Checkers (Pty) Ltd
     Number of forfeitable share awards   2,794 performance-based awards
                                          1,956 retention awards
                                          838 co-investment awards
     Value of the transaction             R1,270,030.72
     k)    Name                                 J H Pienaar
           Office Held                          Director of Main Subsidiary Company,
                                                Shoprite Checkers (Pty) Ltd
           Number of forfeitable share awards   5,148 performance-based awards
                                                2,145 retention awards
                                                1,287 co-investment awards
           Value of the transaction             R1,950,047.17

     l)    Name                                 D S Cohn
           Office Held                          Director of Main Subsidiary Company,
                                                Shoprite Checkers (Pty) Ltd
           Number of forfeitable share awards   9,097 performance-based awards
                                                1,605 co-investment awards
           Value of the transaction             R2,432,331.56

     m)    Name                                 A van Mazijk
           Office Held                          Director of Main Subsidiary Company,
                                                Shoprite Checkers (Pty) Ltd
           Number of forfeitable share awards   20,416 performance-based awards
           Value of the transaction             R4,640,112.24

     n)    Name                                 A J Havinga
           Office Held                          Director of Main Subsidiary Company,
                                                Shoprite Checkers (Pty) Ltd
           Number of forfeitable share awards   19,635 performance-based awards
                                                3,465 co-investment awards
           Value of the transaction             R5,250,126.99


2.   Name                                       A J Havinga
     Office Held                                Director of Main Subsidiary Company,
                                                Shoprite Checkers (Pty) Ltd
     Date of transaction                        27 September 2022
     Number of options                          3,465
     Spot reference price                       R219.94
     Option style                               European Put and Call
     Put Strike price                           R227.28
     Call Strike price                          R303.70
     Put Settlement amount                      R787,519.05
     Call Settlement amount                     R1,052,320.50
     Nature of transaction                      European put and call option over ordinary
                                                shares which expires on 29 September
                                                2025 as part of the Shoprite Holdings
                                                Executive Share Plan Co-investment
                                                option (off market)
     Nature of Interest                         Direct beneficial
     Written clearance to deal received         Yes
3.   Name                                      W J Hunlun
     Office Held                               Director of Main Subsidiary Company,
                                               Shoprite Checkers (Pty) Ltd
     Date of transaction                       29 September 2022
     Class of securities                       Ordinary Shares
     Number of shares                          16,387
     Price per share                           Lowest:       R219.82 per share
                                               Highest:      R220.21 per share
                                               Average:      R219.8477 per share
     Value of transaction                      R3,602,644.26
     Nature of transaction                     Selling of shares on the open market
     Interest                                  Direct beneficial
     Written clearance to deal received        Yes


Brackenfell
30 September 2022

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.