GRAND PARADE INVESTMENTS LIMITED - Exercise Of Options By A Director Of A Major Subsidiary In Terms Of The Grand Parade Share Incentive Trust

Exercise Of Options By A Director Of A Major Subsidiary In Terms Of The Grand Parade Share Incentive Trust

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 A DIRECTOR OF A MAJOR SUBSIDIARY IN TERMS OF THE GRAND PARADE SHARE INCENTIVE TRUST

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

 NAME OF DIRECTOR                                Hassen Adams

 COMPANY OF WHICH A DIRECTOR                     Burger King (South Africa) RF Proprietary
                                                 Limited (a major subsidiary of the
                                                 Company)

 TYPE AND CLASS OF SECURITIES                    Options to acquire ordinary shares

 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                          26 March 2020

 OPTION STRIKE PRICE                             186 cents

 NUMBER OF OPTIONS EXERCISED                     3 262 548

 TOTAL RAND VALUE OF OPTIONS                     R6 068 339.28

 STRIKE DATE OF OPTIONS                          26 March 2020

 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                Direct, beneficial
 THE TRANSACTION

Cape Town
1 April 2020

Sponsor
PSG Capital

Date: 01-04-2020 02:00:00
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