Pepkor Holdings Limited (JSE:PPH) News - Acquisition Of Securities And The Acceptance Of Share Rights In Terms Of The Pepkor Executive Share Rights Scheme PEPKOR HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2017/221869/06) Share Code: PPH Debt Code: PPHI ISIN: ZAE000259479 (“Pepkor” or the “Company”) ACQUISITION OF SECURITIES AND THE ACCEPTANCE OF SHARE RIGHTS IN TERMS OF THE PEPKOR HOLDINGS LIMITED EXECUTIVE SHARE RIGHTS SCHEME (“THE SCHEME”) In compliance with paragraphs 3.63 to 3.74 of the JSE Limited (“JSE”) Listings Requirements and paragraphs 6.42 to 6.53 of the JSE Debt Listings Requirements, the following information regarding the acquisition of securities and the acceptance of share rights granted under the Scheme is disclosed: ACQUISITION OF SECURITIES NAMES OF DIRECTORS LM Lourens [1] RG Hanekom [2] JL Hamman [3] NAMES OF ASSOCIATES Leon Lourens Beleggings (Pty) Ltd [1] LM Hamman [4] RELATIONSHIP OF ASSOCIATES WITH Director is a director and shareholder [1] DIRECTORS of the associate Spouse of a director of a [4] major subsidiary COMPANY OF WHICH A DIRECTOR Pepkor Holdings Limited [1 - 2] Pepkor Trading (Pty) Limited [3] (a major subsidiary of the Company) DIRECTOR STATUS: EXECUTIVE/NON- Executive [1 – 3] EXECUTIVE TYPE AND CLASS OF SECURITIES Ordinary shares [1 – 4] NATURE OF TRANSACTION Acquisition of ordinary shares [1 – 4] through the vesting of awards in terms of the Scheme (off-market transaction) DATE OF AWARD 1 March 2019 [1 – 4] DATE OF VESTING 1 March 2022 [1 – 4] DATE OF TRANSACTION 10 March 2022 [1 – 4] DEEMED PRICE PER SHARE R20.25 [1 – 4] (closing price on 10 March 2022) NUMBER OF SECURITIES ACQUIRED 406 274 [1] AFTER SETTLEMENT OF TAX 273 327 [2] 194 939 [3] 82 593 [4] DEEMED TOTAL RAND VALUE OF R8 227 048.50 [1] SECURITIES ACQUIRED NET OF TAX R5 534 871.75 [2] R3 947 514.75 [3] R1 672 508.25 [4] NATURE AND EXTENT OF INTEREST IN Indirect, beneficial [1] THE TRANSACTION Direct, beneficial [2 - 4] ACCEPTANCE OF SHARE RIGHTS NAMES OF DIRECTORS AND COMPANY LM Lourens [1] SECRETARY RG Hanekom [2] JL Hamman [3] M Allie [4] NAME OF ASSOCIATE LM Hamman [5] RELATIONSHIP OF ASSOCIATE WITH Spouse of a director of a [5] DIRECTOR major subsidiary COMPANY OF WHICH A DIRECTOR Pepkor Holdings Limited [1 - 2] Pepkor Trading (Pty) Limited [3] (a major subsidiary of the Company) DIRECTOR STATUS: EXECUTIVE/NON- Executive [1 - 3] EXECUTIVE TYPE AND CLASS OF SECURITIES Share rights to ordinary [1 - 5] shares in the company granted in terms of the Scheme NATURE OF TRANSACTION Acceptance of share rights in [1 - 5] terms of the Scheme (off-market transaction) DATE OF AWARD OF SHARE RIGHTS 1 March 2022 [1 - 5] DATE OF ACCEPTANCE OF SHARE 11 March 2022 [1 - 5] RIGHTS PRICE AT WHICH SHARE RIGHTS Zero cost [1 - 5] AWARDED NUMBER OF SHARE RIGHTS ACCEPTED 794 522 [1] 533 819 [2] 402 227 [3] 235 874 [4] 235 874 [5] TOTAL RAND VALUE OF SHARE RIGHTS R16 089 070.50 [1] ACCEPTED BASED ON THE CLOSING R10 809 834.75 [2] SHARE PRICE OF R20.25 ON 10 MARCH R8 145 096.75 [3] 2022 R4 776 448.50 [4] R4 776 448.50 [5] VESTING DATE OF SHARE RIGHTS The share rights are subject to a [1 - 5] three year performance period and shall vest on the third anniversary of the award date subject to the achievement of performance criteria NATURE AND EXTENT OF INTEREST IN Direct, beneficial [1 - 5] THE TRANSACTION Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements. Parow 11 March 2022 Equity Sponsor PSG Capital Debt Sponsor and corporate broker Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 11-03-2022 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.