Pick n Pay director, secretary, and group trade shares
Pick n Pay Stores Limited (JSE: PIK) announced dealings in its securities by a director, the company secretary, and the group itself on June 25, 2025. Company Secretary Vaughan Pierce sold 6,000 ordinary shares on-market at a price of R27.197 per share, totaling R163,182.00. Director Lerena Olivier sold 16,182 ordinary shares on-market at R27.197 per share, amounting to R440,101.85, to cover tax obligations related to vesting shares. Olivier also accepted 234,666 restricted forfeitable shares off-market, valued at R7,040,000.00, under the Group's share plan. The Restricted Forfeitable Shares will vest on 25 June 2027. Pick n Pay itself purchased 920,513 ordinary shares on the open market at a volume-weighted average price (VWAP) of R27.2635 (2726.35 cents) per share, totaling R25,096,406.20. These shares are intended for future settlement of share awards under the company's restricted forfeitable share plan. All transactions were cleared in advance and conducted on a direct beneficial basis.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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