PPC : Dealing in Securities by an Associate of Directors

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 "the Company")

DEALING IN SECURITIES BY AN ASSOCIATE OF DIRECTORS

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	:	5 July 2022
Number of	securities	:	1 392 620
Nature of	transaction	:	On-market acquisition of securities
Class of securities	:	Ordinary shares
Share price	:	R2.7700
Value of transaction	:	R3 857 557.40
Nature of	interest	:	Indirect Beneficial
Clearance	to deal obtained	:	Yes
Date of transaction	:	6 July 2022
Number of	securities	:	1 148 367
Nature of	transaction	:	On-market acquisition of securities
Class of securities	:	Ordinary shares
Share price	:	R2.7991
Value of transaction	:	R3 214 394.07
Nature of	interest	:	Indirect Beneficial
Clearance	to deal obtained	:	Yes
Date of transaction	:	7 July 2022
Number of	securities	:	693 222
Nature of	transaction	:	On-market acquisition of securities
Class of securities	:	Ordinary shares
Share price	:	R2.9580
Value of transaction	:	R2 050 550.68
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 registered investment manager to Value Capital Partners H4 QI Hedge Fund and various other funds.

Sandton

7 July 2022

Sponsor

Questco Corporate Advisory Proprietary Limited

Financial Communications Advisor:

Instinctif Partners

Louise Fortuin

Mobile: [phone]