Enhanced Investments - Financial Portal

Dealings in securities on behalf of The Employee Share Scheme, Directors and Company Secretary

Published: 2022-12-01 16:00:41 ET

Mr Price Group Limited
(Registration number 1933/004418/06)
Incorporated in the Republic of South Africa
ISIN: ZAE000200457
LEI number: 378900D3417C35C5D733
JSE and A2X share code: MRP ("Mr Price Group")

DEALINGS IN SECURITIES ON BEHALF OF THE EMPLOYEE SHARE SCHEME, DIRECTORS
AND COMPANY SECRETARY

DEALINGS IN SECURITIES ON BEHALF OF THE EMPLOYEE SHARE SCHEME

In terms of paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notice is hereby given
of hedging transactions in terms of the Mr Price Group Long Term Incentive Scheme (LTI).

Name of the Scheme:                  Mr Price Group Long Term Incentive Scheme
Class of security:                   European call option over Mr Price Group ordinary shares
Nature of transaction:               Hedging transaction in respect of share appreciation rights
                                     (SARs) issued under the LTI
Type of trade:                       Off market Call Spread
Date of transaction:                 25 November 2022
Expiry date:                         25 November 2025
Number of options:                   616,894
Strike Price per option bought:      R170.55
Strike Price per option sold:        R240.00
Notional value:                      R105,180,427 (based on a spot reference price of R170.50)
Nature of interest:                  Indirect, beneficial
Clearance obtained:                  Yes

DEALINGS IN SECURITIES BY DIRECTORS

In compliance with JSE Limited Listings requirements the following information is disclosed:

Director:                                   Mark Blair
Company:                                    Mr Price Group Limited
Date of transactions:                       28 November 2022
Nature of transactions:                     Off market delivery of vested shares in terms of
                                            the rules of the Executive Director Forfeitable
                                            Share Plan
Class of securities:                        Ordinary shares
Number of shares delivered:                 9,866
Deemed delivery price*                      R 171.50
Total value of transactions:                R 1,692,019.00

Date of transactions:                       28 November 2022
Nature of transactions:                     Subsequent on-market sale of vested shares
Class of securities:                        Ordinary shares
Number of shares sold:                      9,866
Highest traded price:                       R 171.70
Lowest traded price:                        R 170.00
Volume weighted average price per
                                            R 170.23
share:
Total value of transactions:                R 1,679,489.18
Nature of Interest:                         Direct beneficial
Clearance obtained:                         Yes

Director:                                   Mark Stirton
Company:                                    Mr Price Group Limited
Date of transactions:                       28 November 2022
Nature of transactions:                     Off market delivery of vested shares in terms of
                                            the rules of the Executive Forfeitable Share Plan
Class of securities:                        Ordinary shares
Number of shares delivered:                 928
Deemed delivery price*                      R 171.50
Total value of transactions:                R 159,152.00

Date of transactions:                       28 November 2022
Nature of transactions:                     Subsequent on-market sale of vested shares
Class of securities:                        Ordinary shares
Number of shares sold:                      431
Number of shares retained:                  497
Highest traded price:                       R 171.70
Lowest traded price:                        R 170.00
Volume weighted average price per
                                            R 170.23
share:
Total value of transactions:                R 73,369.13
Nature of Interest:                         Direct beneficial
Clearance obtained:                         Yes

Non-Executive Director:                     Stephen Ellis**
Company:                                    Mr Price Group Limited
Date of transactions:                       28 November 2022
Nature of transactions:                     Off market delivery of vested shares in terms of
                                            the rules of the Executive Director Forfeitable
                                            Share Plan
Class of securities:                        Ordinary shares
Number of shares delivered:                 2,388
Deemed delivery price*                      R 171.50
Total value of transactions:                R 409,542.00

Date of transactions:                       28 November 2022
Nature of transactions:                     Subsequent on-market sale of vested shares
Class of securities:                        Ordinary shares
Number of shares sold:                      2,388
Highest traded price:                       R 171.75
Lowest traded price:                        R 171.75
Volume weighted average price per
share:                                      R 171.75
Total value of transactions:                R 410,139.00
Nature of Interest:                         Direct beneficial
Clearance obtained:                         Yes

*    Deemed delivery price calculated based on the market price as at close of business 28 November
     2022.
**   Stephen Ellis previously alternate executive director to the CEO, retired from his executive role
     in the group effective 31 December 2021 and transitioned to non-executive director with effect
     from 1 January 2022.
DEALINGS IN SECURITIES BY DIRECTORS AND THE COMPANY SECRETARY

In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited, the
following information is disclosed:

As set out below, Share Appreciation Rights (SARs) and Conditional Rights (collectively “Awards”)
were granted to the directors and to the company secretary of Mr Price Group on 25 November 2022.
The closing price, which was lower than the 30-day volume weighted average price of an ordinary
share, was used in the determination of the Awards, which was R170.55 per ordinary share. The off-
market acceptance of the Awards by the company secretary and executive directors occurred on 30
November 2022.

                 NUMBER OF
                                      NUMBER OF              TOTAL FACE
                 SHARE                                                             NATURE OF
DIRECTORS                             CONDITIONAL            VALUE OF
                 APPRECIATION                                                      INTEREST
                                      RIGHTS                 TRANSACTION*
                 RIGHTS
                                                                                   Direct
Mark Blair       93,493               93,493                 R 31,890,462
                                                                                   beneficial
                                                                                   Direct
Mark Stirton     51,173               51,173                 R 17,455,110
                                                                                   beneficial


          NUMBER OF
                                      NUMBER OF              TOTAL FACE
COMPANY   SHARE                                                                    NATURE OF
                                      CONDITIONAL            VALUE OF
SECRETARY APPRECIATION                                                             INTEREST
                                      RIGHTS                 TRANSACTION*
          RIGHTS
Janis
          10,212                      10,212                 R 3,483,313           Direct beneficial
Cheadle

*   Total face value of the transaction is not representative of the future award to be made. The award
    value is based on the share price at the time of vesting and the award strike price subject to
    performance conditions being met.

The Awards vest on 25 November 2025 subject to specified performance conditions being met.

The grant and acceptances were authorised by the Chairman and the Remuneration and Nominations
Committee.

Durban
1 December 2022

JSE Equity Sponsor and Corporate Broker
Investec Bank 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.