GRAND PARADE INVESTMENTS LIMITED - Dealing in Securities by Director and Exercise of Options and Dealing in Securities by Company Secretary

Dealing in Securities by Director and Exercise of Options and Dealing in Securities by Company Secretary

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”)

DEALING IN SECURITIES BY DIRECTOR AND EXERCISE OF OPTIONS
AND DEALING IN SECURITIES BY COMPANY SECRETARY

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

NAME OF DIRECTOR                Alex Abercrombie
COMPANY OF WHICH DIRECTOR       Grand Parade Investments Limited

STATUS: EXECUTIVE/NON-          Non-Executive
EXECUTIVE

TYPE OF SECURITIES              Shares

CLASS OF SECURITIES             Ordinary

DATE OF TRANSACTION             31 December 2015

CENTS PER SHARE                 Not applicable

NUMBER OF SECURITIES            6 500 000
TRANSACTED

TOTAL RAND VALUE OF             Not applicable
SECURITIES

NATURE OF TRANSACTION           The director has transferred his
                                shares in GPI to Rednaxela
                                Proprietary Limited, which is
                                owned and controlled by the
                                director. This announcement is
                                made in the interests of
                                transparency.
                                (Off-market transaction)

NAME OF ASSOCIATES              Rednaxela Proprietary Limited

RELATIONSHIP WITH DIRECTOR      Director and sole shareholder of
                                Rednaxela Proprietary Limited.

NATURE AND EXTENT OF INTEREST   Indirect Beneficial
IN THE TRANSACTION (INDIRECT)

CLEARANCE OBTAINED              Yes


NAME OF COMPANY SECRETARY       Lazelle Parton

COMPANY OF WHICH COMPANY        Grand Parade Investments
SECRETARY                       Limited

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          24 December 2015

OPTION EXERCISE PRICE           R4.59

OPTION STRIKE PRICE             R3.61

NUMBER OF OPTIONS EXERCISED     158 964

TOTAL RAND VALUE OF OPTIONS     R573 860.04

STRIKE DATE OF OPTIONS          30 August 2015

PERIOD OF EXERCISE              Participants have a 180 day
                                period from the strike date
                                during which options can be
                                exercised

NATURE AND EXTENT OF INTEREST   Direct, beneficial
IN THE TRANSACTION

CLEARANCE OBTAINED              Yes


NAME OF COMPANY SECRETARY       Lazelle Parton

COMPANY OF WHICH A DIRECTOR     Grand Parade Investments
                                Limited

TYPE OF SECURITIES              GPI shares

CLASS OF SECURITIES             Ordinary

DATE OF TRANSACTION             28 December 2015

CENTS PER SHARE                 Average Price: 431.95
                                High Price: 454
                                Low Price: 411

NUMBER OF SECURITIES            34 016
TRANSACTED

TOTAL RAND VALUE OF SECURITIES  R146 932.11

NATURE OF TRANSACTION           Disposal
                                (On-market transaction)

NATURE AND EXTENT OF INTEREST   Direct, beneficial
IN THE TRANSACTION

CLEARANCE OBTAINED                Yes


31 December 2015
Cape Town

Sponsor
PSG Capital Proprietary Limited

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