Acceptance of options offered by the Grand Parade Share Incentive Trust
GRAND PARADE INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1997/003548/06)
Share code: GPL
ISIN: ZAE000119814
(“GPI” or “the company”)
ACCEPTANCE OF OPTIONS OFFERED BY THE GRAND PARADE SHARE
INCENTIVE TRUST
In compliance with rules 3.63 to 3.74 of the JSE
Limited’s Listings Requirements, the following
information is disclosed:
NAME OF DIRECTOR Hassen Adams
COMPANY OF WHICH A DIRECTOR Grand Parade Investments
Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
NUMBER OF OPTIONS GRANTED 4,501,385
OPTION STRIKE PRICE R3.61
TOTAL RAND VALUE OF OPTIONS R16 249 999.85
STRIKE DATES OF OPTIONS 30 August 2015, 30 August
2016, 30 August 2017,
30 August 2018*
PERIOD OF EXERCISE Participants have a 180 day
period from the respective
strike dates during which
options can be exercised
DATE OPTIONS ACCEPTED 9 October 2013
CLASS AND TYPE OF SECURITIES Options in respect of ordinary
shares
NATURE OF TRANSACTION Acceptance of options granted
to subscribe for ordinary
shares in terms of a share
incentive scheme
NATURE AND EXTENT OF INTEREST IN Direct beneficial
THE TRANSACTION (Off-market transaction)
CLEARANCE OBTAINED Yes
*The options will vest in 4 tranches of 25% each on the
respective strike dates specified above.
NAME OF DIRECTOR Alexander Abercrombie
COMPANY OF WHICH A DIRECTOR Grand Parade Investments
Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
NUMBER OF OPTIONS GRANTED 1,837,327
OPTION STRIKE PRICE R3.61
TOTAL RAND VALUE OF OPTIONS R6 632 750.47
STRIKE DATES OF OPTIONS 30 August 2015, 30 August
2016, 30 August 2017,
30 August 2018*
PERIOD OF EXERCISE Participants have a 180 day
period from the respective
strike dates during which
options can be exercised
DATE OPTIONS ACCEPTED 9 October 2013
CLASS AND TYPE OF SECURITIES Options in respect of ordinary
shares
NATURE OF TRANSACTION Acceptance of options granted
to subscribe for ordinary
shares in terms of a share
incentive scheme
NATURE AND EXTENT OF INTEREST IN Direct beneficial
THE TRANSACTION (Off-market transaction)
CLEARANCE OBTAINED Yes
*The options will vest in 4 tranches of 25% each on the
respective strike dates specified above.
NAME OF DIRECTOR Alan Keet
COMPANY OF WHICH A DIRECTOR Grand Parade Investments
Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
NUMBER OF OPTIONS GRANTED 2,674,019
OPTION STRIKE PRICE R3.61
TOTAL RAND VALUE OF OPTIONS R9 653 208.59
STRIKE DATES OF OPTIONS 30 August 2015, 30 August
2016, 30 August 2017,
30 August 2018*
PERIOD OF EXERCISE Participants have a 180 day
period from the respective
strike dates during which
options can be exercised
DATE OPTIONS ACCEPTED 9 October 2013
CLASS AND TYPE OF SECURITIES Options in respect of ordinary
shares
NATURE OF TRANSACTION Acceptance of options granted
to subscribe for ordinary
shares in terms of a share
incentive scheme
NATURE AND EXTENT OF INTEREST IN Direct beneficial
THE TRANSACTION (Off-market transaction)
CLEARANCE OBTAINED Yes
*The options will vest in 4 tranches of 25% each on the
respective strike dates specified above.
NAME OF DIRECTOR Sukena Petersen
COMPANY OF WHICH A DIRECTOR Grand Parade Investments
Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
NUMBER OF OPTIONS GRANTED 921,053
OPTION STRIKE PRICE R3.61
TOTAL RAND VALUE OF OPTIONS R3 325 001.33
STRIKE DATES OF OPTIONS 30 August 2015, 30 August
2016, 30 August 2017,
30 August 2018*
PERIOD OF EXERCISE Participants have a 180 day
period from the respective
strike dates during which
options can be exercised
DATE OPTIONS ACCEPTED 9 October 2013
CLASS AND TYPE OF SECURITIES Options in respect of ordinary
shares
NATURE OF TRANSACTION Acceptance of options granted
to subscribe for ordinary
shares in terms of a share
incentive scheme
NATURE AND EXTENT OF INTEREST IN Direct beneficial
THE TRANSACTION (Off-market transaction)
CLEARANCE OBTAINED Yes
*The options will vest in 4 tranches of 25% each on the
respective strike dates specified above.
NAME OF COMPANY SECRETARY Lazelle Parton
COMPANY OF WHICH COMPANY Grand Parade Investments
SECRETARY Limited
NUMBER OF OPTIONS GRANTED 635,859
OPTION STRIKE PRICE R3.61
TOTAL RAND VALUE OF OPTIONS R2 295 450.99
STRIKE DATES OF OPTIONS 30 August 2015, 30 August
2016, 30 August 2017,
30 August 2018*
PERIOD OF EXERCISE Participants have a 180 day
period from the respective
strike dates during which
options can be exercised
DATE OPTIONS ACCEPTED 9 October 2013
CLASS AND TYPE OF SECURITIES Options in respect of ordinary
shares
NATURE OF TRANSACTION Acceptance of options granted
to subscribe for ordinary
shares in terms of a share
incentive scheme
NATURE AND EXTENT OF INTEREST IN Direct beneficial
THE TRANSACTION (Off-market transaction)
CLEARANCE OBTAINED Yes
*The options will vest in 4 tranches of 25% each on the
respective strike dates specified above.
11 October 2013
Sponsor
PSG Capital (Pty) Limited
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