EQUITES PROPERTY FUND LIMITED - Dealings in securities by associates of directors and a director of company pursuant to acquisition of Crossroads

Dealings in securities by associates of directors and a director of company pursuant to acquisition of Crossroads

EQUITES PROPERTY FUND LIMITED
(formerly VB Transport (Proprietary) Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2013/080877/06)
JSE share code: EQU ISIN: ZAE000188843
(Approved as a REIT by the JSE)
(“Equites” or “the company”)


DEALINGS IN SECURITIES BY ASSOCIATES OF DIRECTORS AND A DIRECTOR OF THE COMPANY PURSUANT TO THE ACQUISITION OF CROSSROADS


Shareholders are referred to the announcement on SENS on 30 September 2014 relating to the acquisition of Crossroads. As the
vendors of this asset are associates of directors and a director, and the purchase consideration is to be part settled in Equites
shares, this constitutes a dealing in securities by those associates and that director in terms of the JSE’s Listings Requirements.
The transaction was approved by the board of Equites on 8 August 2014 but as it is a small related party transaction, it was only
implemented and announced on 30 September 2014 following approval by the JSE of the required fairness opinion as referred to
in the earlier announcement. Accordingly, shareholders are advised of the following:

 Name of associate:                                Skymax Trust
 Name of director and relationship to director:    Giancarlo Lanfranchi who is a trustee and beneficiary of the Skymax Trust
 Transaction date:                                 Refer above
 Class of securities:                              Ordinary shares
 Number of securities:                             278 280
 Price per security:                               R10.44
 Total value:                                      R2 905 243
 Nature of transaction:                            Issue of Equites shares in part settlement of the acquisition of Crossroads
 Nature and extent of director’s interest:         Indirect beneficial

 Name of associate:                                Chiluan Holdings Proprietary Limited (“Chiluan”)
 Name of director and relationship to director:    Andrea Taverna-Turisan who is a director of Chiluan and who holds an
                                                   indirect beneficial interest in Chiluan via trusts of which he is a beneficiary or
                                                   potential beneficiary
 Transaction date:                                 Refer above
 Class of securities:                              Ordinary shares
 Number of securities:                             278 280
 Price per security:                               R10.44
 Total value:                                      R2 905 243
 Nature of transaction:                            Issue of Equites shares in part settlement of the acquisition of Crossroads
 Nature and extent of director’s interest:         Indirect beneficial

 Name of director:                                 Riaan Gous
 Transaction date:                                 Refer above
 Class of securities:                              Ordinary shares
 Number of securities:                             278 280
 Price per security:                               R10.44
 Total value:                                      R2 905 243
 Nature of transaction:                            Issue of Equites shares in part settlement of the acquisition of Crossroads
 Nature and extent of director’s interest:         Direct beneficial
 Clearance to deal received:                       Yes, refer above

3 October 2014


Sponsor

Java Capital

Date: 03/10/2014 04:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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