GRAND PARADE INVESTMENTS LIMITED - Exercise Of Options By Directors In Terms Of The Grand Parade Share Incentive Trust

Exercise Of Options By Directors 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 DIRECTORS 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:

1.
 NAME OF DIRECTOR                                  Mohsin Tajbhai

 COMPANY OF WHICH A DIRECTOR                       Grand Parade Investments Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                   Executive

 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, the further details of which
                                                   are set out in paragraph 20.2.2 of the circular
                                                   to shareholders regarding the mandatory offer
                                                   made to shareholders by GMB Liquidity
                                                   Corroation Proprietary Limited (“Mandatory
                                                   Offer Circular”)
                                                   (Off-market transaction)                  (1-2)

 DATE OF EXERCISE OF OPTIONS                       24 March 2023                            (1-2)

 OPTION STRIKE PRICE                               226 cents                                 (1)

                                                   280 cents                                 (2)

 NUMBER OF OPTIONS EXERCISED                       376 106                                   (1)

                                                   455 357                                   (2)

 TOTAL RAND VALUE OF OPTIONS                       R 849 999.56                              (1)
 EXERCISED
                                                   R1 274 999.60                             (2)

 STRIKE DATE OF OPTIONS                            23 March 2023                           (1-2)

 PERIOD OF EXERCISE                                Participants have a 180 day period from the
                                                   strike date during which options can be
                                                   exercised                               (1-2)

 NATURE AND EXTENT OF INTEREST IN THE              Direct, beneficial                      (1-2)
 TRANSACTION


2.
 NAME OF DIRECTOR                                  Jayson October

 COMPANY OF WHICH A DIRECTOR                       Grand Parade Investments Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                   Executive
 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, the further details of which
                                                   are set out in paragraph 20.2.2 of the
                                                   Mandatory Offer Circular
                                                   (Off-market transaction)

 DATE OF EXERCISE OF OPTIONS                       24 March 2023

 OPTION STRIKE PRICE                               280 cents

 NUMBER OF OPTIONS EXERCISED                       323 328

 TOTAL RAND VALUE OF OPTIONS                       R905 318.40
 EXERCISED

 STRIKE DATE OF OPTIONS                            23 March 2023

 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 THE              Direct, beneficial
 TRANSACTION

Clearance to deal in the securities by the director was obtained in accordance with paragraph 3.66 of
the JSE Limited Listings Requirements.

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

Cape Town
27 March 2023

Sponsor
PSG Capital

Date: 27-03-2023 02:01:00
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