Dealings in securities by directors, associates of directors and the company secretary of Ascension
ASCENSION PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2006/026141/06)
JSE share code for A-linked units: AIA ISIN: ZAE000161881
JSE share code for B-linked units: AIB ISIN: ZAE000161899
(Approved as a REIT by the JSE)
(“Ascension”)
DEALINGS IN SECURITIES BY DIRECTORS, ASSOCIATES OF DIRECTORS AND THE COMPANY
SECRETARY OF ASCENSION
Linked unitholders are advised of the following information relating to the dealings in securities by directors,
associates of directors and the company secretary of Ascension:
Name of company secretary: Jeremy de Villiers
Transaction date: 3 February 2014
Class of securities: Ascension B linked units
Number of securities: 6 685 000
Price per security: R2.65
Total value: R17 715 250
Nature of transaction: Off-market sale
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Henry Dednam
Transaction date: 3 February 2014
Class of securities: Ascension B linked units
Number of securities: 2 470 000
Price per security: R2.65
Total value: R6 545 500
Nature of transaction: Off-market sale
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Chris Nissen
Transaction date: 3 February 2014
Class of securities: Ascension B linked units
Number of securities: 1 470 000
Price per security: R2.65
Total value: R3 895 500
Nature of transaction: Off-market sale
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Ashraf Mohamed
Transaction date: 3 February 2014
Class of securities: Ascension B linked units
Number of securities: 1 139 380
Price per security: R2.65
Total value: R3 019 357
Nature of transaction: Off-market sale
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Name of associate: The KSK Trust
Name of and relationship to director: Shaun Rai is a trustee and beneficiary of
the KSK Trust
Transaction date: 3 February 2014
Class of securities: Ascension B linked units
Number of securities: 36 184 000
Price per security: R2.65
Total value: R95 887 600
Nature of transaction: Off-market sale
Name of associate: Cape Empowerment Trust Limited
Name of and relationship to director: The KSK Trust (of which Shaun Rai is a trustee and
beneficiary) is the sole shareholder of Cape
Empowerment Limited. Cape Empowerment Limited
is the sole shareholder of Cape Empowerment Trust
Limited
Transaction date: 3 February 2014
Class of securities: Ascension B linked units
Number of securities: 46 805 281
Price per security: R2.65
Total value: R124 033 994.65
Nature of transaction: Off-market sale
Name of associate: The Sunset Trust
Name of and relationship to director: Wayne Arendse is a trustee and beneficiary of The
Sunset Trust
Transaction date: 3 February 2014
Class of securities: Ascension B linked units
Number of securities: 10 200 000
Price per security: R2.65
Total value: R27 030 000
Nature of transaction: Off-market sale
5 February 2014
Sponsor
Java Capital
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