PPC LIMITED - Dealing in Securities by an Associate of a Director

Dealing in Securities by an Associate of a Director

PPC Ltd
(Registration number 1892/000667/06)
(Incorporated in the Republic of South Africa)
JSE & ZSE share codes: PPC
JSE ISIN: ZAE000170049
JSE code: PPC003   JSE ISIN: ZAG000117524
JSE code: PPC005   JSE ISIN: ZAG000117532
("PPC" or "Company" or "Group")

DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR

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

Director                      :            Mr AC Ball
Title                         :            Non-Executive Director
Director                      :            Ms N Mkhondo
Title                         :            Non-Executive Director
Company                       :            PPC Limited
Name of Associate             :            Value Capital Partners (Pty) Ltd*

Date of transaction           :            26 March 2019
Number of securities          :            4 221 614
Nature of transaction         :            On-market purchase of securities
Class of securities           :            Ordinary shares
Share price                   :            R4.4968
Value of transaction          :            R18 983 753.84
Nature of interest            :            Indirect Beneficial
Clearance to deal obtained    :            Yes

Date of transaction           :            27 March 2019
Number of securities          :            4 798 757
Nature of transaction         :            On-market purchase of securities
Class of securities           :            Ordinary shares
Share price                   :            R4.4966
Value of transaction          :            R21 578 090.73
Nature of interest            :            Indirect Beneficial
Clearance to deal obtained    :            Yes

Date of transaction           :            28 March 2019
Number of securities          :            504 795
Nature of transaction         :            On-market purchase of securities
Class of securities           :            Ordinary shares
Share price                   :            R4.6290
Value of transaction          :            R2 336 696.06
Nature of interest            :            Indirect Beneficial
Clearance to deal obtained    :            Yes

* Mr AC Ball and Ms N Mkhondo have an indirect beneficial interest in Value
  Capital Partners (Pty) Ltd (“VCP”), which is the advisor to Peregrine Fun d
  Platform (Pty) Ltd, the registered investment manager for various funds
  advised by VCP.

Sandton
29 March 2019

Sponsor
Merrill Lynch South Africa (Pty) Limited

Investor contacts:
PPC:
Anashrin Pillay
Tel: +27 (0)11 386 9000
Anashrin.Pillay@ppc.co.za

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