PBT GROUP LIMITED - Results of Cash Dividend and Scrip Dividend

Results of Cash Dividend and Scrip Dividend

PBT Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1936/008278/06)
Share code: PBG
ISIN: ZAE000256319
Main Board - General Segment
("PBT" or "the Company")

RESULTS OF THE CASH DIVIDEND AND THE SCRIP DIVIDEND

1. Introduction

   Shareholders are referred to the interim results announcement of the Company released
   on SENS on 29 November 2024 and the Circular to shareholders dated 29 November
   2024 wherein they were informed that the Board had declared a gross Cash Dividend of
   27 cents per PBT Share held on the Record Date, being Friday, 20 December 2024.

   Shareholders were advised that they were entitled to elect to receive Scrip Dividend
   Shares in proportion to their shareholding in PBT on the Record Date instead of the Cash
   Dividend. Shareholders were entitled to receive the Cash Dividend of 27 cents per PBT
   Share in respect of their shareholding as at the close of trading on the JSE on the Record
   Date, in proportion to their shareholding in PBT and to the extent that such Shareholders
   had not elected to receive the Scrip Dividend in respect of all or a portion of their
   shareholding in PBT. Shareholders were entitled to elect to receive the number of Scrip
   Dividend Shares determined in the ratio of 5.02793 Scrip Dividend Shares for every 100
   PBT Shares held on the Record Date, instead of the Cash Dividend.

   The capitalised terms used but not defined in this announcement shall bear the same
   meaning given to such terms in the Circular.

2. Results of Cash Dividend and Scrip Dividend

   Shareholders recorded in the register of the Company at the close of business on the
   Record Date holding 48 545 668 PBT Shares did not elect to receive the Scrip Dividend
   and will therefore receive the gross Cash Dividend of 27 cents per Share (where
   applicable, 21.6 cents per Share, net of applicable Dividend Withholding Tax) resulting in a
   total gross Cash Dividend of R13 107 377.04 which was paid out of the out of the
   Company's income reserves. In terms of the Scrip Dividend, 2 766 298 new PBT Shares
   were issued today to Shareholders who elected to receive the Scrip Dividend in respect of
   all or a portion of their shareholding, resulting in a capitalisation of the Company's retained
   distributable profits of R14 855 020.26. The Cash Dividend payments were made, and
   CSDP/Broker accounts of Dematerialised Shareholders and Certificated Shareholders
   were credited today.

   No share certificates were dispatched to certificated shareholders in respect of the Scrip
   Dividend.

23 December 2024
Cape Town

Sponsor
Questco Corporate Advisory Propriety Limited

Date: 23-12-2024 10:30:00
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