GRAND PARADE INVESTMENTS LIMITED - Exercise Of Options By Directors

Exercise Of Options By Directors

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”)

EXERCISE OF OPTIONS BY DIRECTORS

In compliance with paragraphs 3.63 to 3.74 of the JSE Listings
Requirements, the following information regarding the exercise
of options is disclosed:


NAME OF DIRECTOR                   Hassen Adams
COMPANY OF WHICH A DIRECTOR        Grand Parade Investments
                                   Limited
STATUS: EXECUTIVE/NON-EXECUTIVE    Executive
NATURE OF TRANSACTION              Acquisition of shares in GPI
                                   through the exercise of
                                   options awarded in terms of
                                   a share incentive scheme
                                   (Off-market transaction)
DATE OPTIONS EXERCISED             27 October 2016
OPTION STRIKE PRICE                R3.61
NUMBER OF OPTIONS EXERCISED        1 125 346
TOTAL RAND VALUE OF OPTIONS        R4 062 499.06
STRIKE DATE OF OPTIONS             30 August 2016
PERIOD OF EXERCISE                 Participants have a 180 day
                                   period from the strike date
                                   during which options can be
                                   exercised
NATURE AND EXTENT OF INTEREST
IN THE TRANSACTION                 Direct, beneficial
CLEARANCE OBTAINED                 Clearance obtained in terms
                                   of   Section  3.66   of JSE
                                   Listings Requirements


NAME OF DIRECTOR                   Alan Keet
COMPANY OF WHICH A DIRECTOR        Grand Parade Investments
                                   Limited
STATUS: EXECUTIVE/NON-EXECUTIVE    Executive
NATURE OF TRANSACTION              Acquisition of shares in GPI
                                   through the exercise of
                                   options awarded in terms of
                                   a share incentive scheme
                                   (Off-market transaction)
DATE OPTIONS EXERCISED             27 October 2016

OPTION STRIKE PRICE                R3.61
NUMBER OF OPTIONS EXERCISED        668 504
TOTAL RAND VALUE OF OPTIONS        R2 413 299.44
STRIKE DATE OF OPTIONS             30 August 2016
PERIOD OF EXERCISE                 Participants have a 180 day
                                   period from the strike date
                                   during which options can be
                                   exercised
NATURE AND EXTENT OF INTEREST
IN THE TRANSACTION                 Direct, beneficial
CLEARANCE OBTAINED                 Clearance obtained in terms
                                   of Section 3.66 of JSE
                                   Listings Requirements


NAME OF DIRECTOR                   Dylan Pienaar
COMPANY OF WHICH A DIRECTOR        Grand Parade Investments
                                   Limited
STATUS: EXECUTIVE/NON-EXECUTIVE    Executive
NATURE OF TRANSACTION              Acquisition of shares in GPI
                                   through the exercise of
                                   options awarded in terms of
                                   a share incentive scheme
                                   (Off-market transaction)
DATE OPTIONS EXERCISED             27 October 2016
OPTION STRIKE PRICE                R3.61
NUMBER OF OPTIONS EXERCISED        205 678
TOTAL RAND VALUE OF OPTIONS        R742 497.58
STRIKE DATE OF OPTIONS             30 August 2016
PERIOD OF EXERCISE                 Participants have a 180 day
                                   period from the strike date
                                   during which options can be
                                   exercised
NATURE AND EXTENT OF INTEREST
IN THE TRANSACTION                 Direct, beneficial
CLEARANCE OBTAINED                 Clearance obtained in terms
                                   of Section 3.66 of JSE
                                   Listings Requirements

28 October 2016
Cape Town

Sponsor:
PSG Capital

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