PBT GROUP LIMITED - Dealing in Securities by an Associate of Directors and Confirmation of Beneficial Interests in Securities

Dealing in Securities by an Associate of Directors and Confirmation of Beneficial Interests in Securities

PBT Group Limited
(Incorporated in the Republic of South  Africa)
(Registration number:1936/008278/06)
JSE Code: PBG
ISIN: ZAE000256319
("PBT Group" or "the Company")

DEALING IN SECURITIES BY AN ASSOCIATE OF DIRECTORS AND CONFIRMATION OF
BENEFICIAL INTERESTS IN SECURITIES

Shareholders are advised that PBT Group's staff company, Spalding Investments 10 (RF)
Proprietary Limited ("Spalding") which held 28 376 000 PBT Group ordinary shares ("PBT
Shares") (constituting a c. 27.3% holding in PBT Group) and is an associate, on an aggregated
basis, of the directors of the Company and directors of a major subsidiary of PBT Group, has
in an off-market transaction disposed of 1 008 000 PBT Shares on 30 September 2024, to The
Intrepid Projects Proprietary Limited ("TIP").

Pulsent OH GP Proprietary Limited ("Pulsent OH"), in its capacity as the general partner of the
PBT Direct GP Partnership II en commandite, the latter in its capacity as the general partner of
TheIntrepid PBT Direct Partnership III ("TIPDP III") en commandite, being the 100%
shareholder of TIP, is a majority black-owned and managed investor in PBT Group.

Pule Taukobong, a non-executive director of PBT Group, holds an indirect beneficial interest in
and is a director of Pulsent OH. Pulsent OH is not an associate, as defined in the JSE Limited
Listings Requirements ("Listing Requirements"), of Mr Taukobong.

In compliance with paragraph 3.63 to 3.74 of the Listings Requirements, the following
information is therefore disclosed with regard to the Directors' interests in PBT Shares:

Spalding disposed of PBT Shares to TIP as follows:


Number of securities:                     1 008 000
Cents per share:                          591 cents
Total value:                              R 5 957 280
Nature of transactions:                   Off-market transactions
Class of securities:                      Ordinary shares
Date of transactions:                     30 September 2024
Clearance obtained:                       Yes


The above-mentioned transaction resulted in changes in the indirect beneficial interests in PBT
Group of the below-mentioned persons as follows:

    •   Elizna Read (executive director and CEO of PBT Group) has a 0.55% direct beneficial
        shareholding and her indirect beneficial shareholding in PBT Group has increased to
        5.32% (total 5.87%).
   •      Bianca Pieters (executive director and CFO of PBT Group) has a 0.04% direct
          beneficial shareholding and her indirect beneficial shareholding in PBT Group has
          increased to 1.44% (total 1.48%).
   •      Pule Taukobong has no direct beneficial interest in PBT Group and his indirect
          beneficial shareholding in PBT Group has increased to 2.36% (total 2.36%).
   •      Anastassia Sousa (Company Secretary of PBT Group) has no direct beneficial
          shareholding and her indirect beneficial shareholding in PBT Group has decreased to
          0.54% (total 0.54%).

Spalding now holds 27 368 000 (26.4%) PBT Shares and TIP holds 1 008 000 (1.0%) PBT
Shares.

Cape Town
1 October 2024

Sponsor
Questco Corporate Advisory Proprietary Limited

Date: 01-10-2024 02:50:00
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.