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GRAND PARADE INVESTMENTS LIMITED - Dealings in Securities by an Associate of a Director

Release Date: 29/11/2022 08:00
Code(s): GPL     PDF:  
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Dealings in Securities by an Associate of a Director

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”)

DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
following information regarding the dealing in securities is disclosed:

 NAME OF DIRECTOR                                Mr Alex Abercrombie

 COMPANY OF WHICH A DIRECTOR                     Grand Parade Investments Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                 Non-executive

 TYPE AND CLASS OF SECURITIES                    Ordinary shares

 NATURE OF TRANSACTION                           Sale of ordinary shares in GPI by an
                                                 associate of a director (on-market
                                                 transaction)

 DATE OF TRANSACTION                             25 November 2022

 PRICE PER SECURITY                              350 cents

 NUMBER OF SECURITIES TRANSACTED                 7,000, 000

 TOTAL RAND VALUE OF SECURITIES                  R24,500,000
 TRANSACTED

 NAME OF ASSOCIATE                               Rednaxela          Proprietary     Limited
                                                 (“Rednaxela”)

 RELATIONSHIP WITH DIRECTOR                      Mr Abercrombie is the sole shareholder
                                                 and a director of Rednaxela

 NATURE AND EXTENT OF INTEREST IN                Indirect, beneficial
 THE TRANSACTION

The board of the Company accepts responsibility for the information contained in this
announcement and confirms that to the best of their collective knowledge and belief, the
information contained in this announcement is true and this announcement does not omit
anything likely to affect the importance of the information.

Cape Town
29 November 2022

Sponsor
PSG Capital

Date: 29-11-2022 08:00:00
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