I found the problem, its a bug with the tarball on the repository, the directory inside is called DBD-DB2-1.71 instead of blib
http://theoryx5.uwinnipeg.ca/ppms/DBD-DB2.ppd
http://theoryx5.uwinnipeg.ca/ppms/x86/DBD-DB2.tar.gz
Create DBD-DB2.ppd
<SOFTPKG NAME="DBD-DB2" VERSION="1,7,1,0">
<TITLE>DBD-DB2</TITLE>
<ABSTRACT>Perl driver for IBM DB2 Universal Database</ABSTRACT>
<AUTHOR>DB2 Perl (db2perl@ca.ibm.com)</AUTHOR>
<IMPLEMENTATION>
<OS NAME="MSWin32" />
<ARCHITECTURE NAME="MSWin32-x86-multi-thread-5.8" />
<CODEBASE HREF="DBD-DB2.tar.gz" />
</IMPLEMENTATION>
</SOFTPKG>
download and fix tarball
wget -c http://theoryx5.uwinnipeg.ca/ppms/x86/DBD-DB2.tar.gz
ptar -zxvf DBD-DB2.tar.gz
del DBD-DB2.tar.gz
rename DBD-DB2-1.71 blib
ptar -zcvf DBD-DB2.tar.gz blib
rmdir /S /Q blib
ppm install DBD-DB2.ppd