12 Aug - 2 min read
Forfeitable share plan award
Forfeitable share plan award PPC Ltd (Incorporated in the Republic of South Africa) (Company registration number 1892/000667/06) JSE ISIN: ZAE000170049 JSE code: PPC ZSE code: PPC ("PPC" or "Company" or “Group”) ALLOCATION OF FORFEITABLE SHARES In compliance with the requirements of paragraphs 3.63 of the JSE Limited Listings Requirements, the following grants and acceptances of forfeitable shares in terms of the company´s Forfeitable Share Plan (FSP) should be noted: Executive director: RC van Wijnen Designation: Chief Executive Officer Number of FSP shares awarded: 2 921 494 ordinary shares Price at which shares were awarded: R3.9346 per share Value: R11 494 911.95 Date award approved: Approved by the Company’s Remuneration Committee on 5 July 2021. Vesting date: 31 March 2024 Nature of interests: Direct beneficial Nature of transaction: off-market transaction Clearance obtained: Yes Sandton 12 August 2021 Sponsor Sasfin Capital A member of the Sasfin Group Financial Communications Advisor: Instinctif Partners Louise Fortuin Mobile: +27 71 605 4294 Date: 12-08-2021 09:11:00 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.