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Dealings in Securities by Employee Share Scheme, Directors and Company Secretary
Mr Price Group Limited
(Registration number 1933/004418/06)
Incorporated in the Republic of South Africa
ISIN: ZAE000200457
LEI number: 378900D3417C35C5D733
JSE and A2X share code: MRP
("Mr Price Group")
DEALINGS IN SECURITIES BY EMPLOYEE SHARE SCHEME, DIRECTORS AND COMPANY SECRETARY
Dealings in securities by employee share scheme
In terms of paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notice is hereby given of
hedging transactions in terms of the Mr Price Group Long Term Incentive Scheme (LTI).
Name of the Scheme: Mr Price Group Long Term Incentive Scheme
Class of security: Ordinary Shares
Nature of transaction: On-market purchase of securities to satisfy future obligations
towards Scheme participants.
Type of trade: Forward purchases
Date of transaction: 09 December 2025
Expiry date: 23 November 2028
Number of securities: 780,000
Purchase Price: R213.9880271
Notional value: R166,910,661.14
Nature of interest: Indirect beneficial
Clearance obtained: Yes
Dealings in securities by directors and company secretary
In compliance with paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, the following information
is disclosed:
1. Vesting of conditional rights awarded in November 2022
Director: Mark Blair
Company: Mr Price Group Limited
Date of transactions: 11 December 2025
Nature of transactions: Off market delivery of vested shares in terms of the rules of the Long
Term Incentive Plan*
Class of securities: Ordinary shares
Number of shares delivered: 149,589
Deemed delivery price** R 174.15
Total value of transactions: R 26,050,924.35
Date of transactions: 11 December 2025
Nature of transactions: Subsequent on-market sale of vested shares***
Class of securities: Ordinary shares
Number of shares sold: 99,589
Number of shares retained 50,000
Highest traded price: R 176.62
Lowest traded price: R 171.98
Volume weighted average price per
share: R 173.8448
Total value of transactions: R 17,313,029.79
Nature of Interest: Direct beneficial
Clearance obtained: Yes
Director Praneel Nundkumar
Company: Mr Price Group Limited
Date of transactions: 11 December 2025
Nature of transactions: Off market delivery of vested shares in terms of the rules of the Long
Term Incentive Plan*
Class of securities: Ordinary shares
Number of shares delivered: 27,832
Deemed delivery price** R 174.15
Total value of transactions: R 4,846,942.80
Date of transactions: 11 December 2025
Nature of transactions: Subsequent on-market sale of vested shares***
Class of securities: Ordinary shares
Number of shares sold: 12,746
Number of shares retained 15,086
Highest traded price: R 176.62
Lowest traded price: R 171.98
Volume weighted average price per
share: R 173.8448
Total value of transactions: R 2,215,825.82
Nature of Interest: Direct beneficial
Clearance obtained: Yes
Company Secretary Janis Cheadle
Company: Mr Price Group Limited
Date of transactions: 11 December 2025
Nature of transactions: Off market delivery of vested shares in terms of the rules of the Long
Term Incentive Plan*
Class of securities: Ordinary shares
Number of shares delivered: 16,339
Deemed delivery price** R 174.15
Total value of transactions: R 2,845,436.85
Date of transactions: 11 December 2025
Nature of transactions: Subsequent on-market sale of vested shares***
Class of securities: Ordinary shares
Number of shares sold: 7,484
Number of shares retained 8,855
Highest traded price: R 176.62
Lowest traded price: R 171.98
Volume weighted average price per
share: R 173.8448
Total value of transactions: R 1,301,054.48
Nature of Interest: Direct beneficial
Clearance obtained: Yes
* The vesting and settlement of these conditional rights awarded on 25 November 2022 were delayed by the Mr Price Group's
Remuneration and Nominations Committee ("Remnomco") due to these individuals being "insiders" by virtue of their involvement
in the due diligence and negotiation of the acquisition of NKD Group GMBH, which was announced on SENS on 10 December 2025.
Remnomco subsequently determined that these awards vested on 11 December 2025.
** Deemed delivery price calculated based on the market price as of the close of business on 11 December 2025.
*** The shares have a one-day exercise period so these individuals were required to 'deal' on 11 December 2025.
2. FY2026 Long term incentive awards
As set out below, Share Appreciation Rights (SARs) and Conditional Rights (collectively "Awards") were
granted to the directors and to the company secretary of Mr Price Group on 11 December 2025. The closing
price of an ordinary share on 10 December 2025 which was lower than the 30-day volume weighted average
price was used in the determination of the Awards, which was R181.32 per ordinary share. The off-market
acceptance of the Awards by the company secretary and executive directors occurred on 11 December 2025.
NUMBER OF
NUMBER OF TOTAL FACE
SHARE
DIRECTORS CONDITIONAL VALUE OF NATURE OF INTEREST
APPRECIATION
RIGHTS TRANSACTION#
RIGHTS
Mark Blair 83,698 83,698 R 30,352,243 Direct beneficial
Praneel Nundkumar 47,561 47,561 R 17,247,521 Direct beneficial
NUMBER OF
NUMBER OF TOTAL FACE
COMPANY SHARE
CONDITIONAL VALUE OF NATURE OF INTEREST
SECRETARY APPRECIATION
RIGHTS TRANSACTION#
RIGHTS
Janis Cheadle 8,254 8,254 R 2,993,231 Direct beneficial
# The total value of the transaction is not representative of the future award to be made. The award value is based on the share
price at the time of vesting, and the award strike price is subject to performance conditions being met.
The Awards will vest in line with the provisions of the Long-Term Incentive Plan subject to specified
performance conditions being met.
The grant and acceptances were authorised by the Chairman and the Remnomco.
Durban
15 December 2025
JSE Equity Sponsor and Corporate Broker
Investec Bank Limited
Date: 15-12-2025 03:00:00
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