To view the PDF file, sign up for a MySharenet subscription.

GPL - Grand Parade Investments Limited - Dealing In Securities By Director

Release Date: 12/11/2009 17:46
Code(s): GPL
Wrap Text

GPL - Grand Parade Investments Limited - Dealing In Securities By 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") DEALING IN SECURITIES BY DIRECTOR In compliance with rules 3.63 to 3.74 of the JSE Limited`s Listings Requirements, the following information is disclosed: NAME OF DIRECTOR Hassen Adams COMPANY OF WHICH I AM A DIRECTOR Grand Parade Investments Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE OF SECURITIES GPI BBBEE Trust Units CLASS OF SECURITIES Trust Unit DATE OF TRANSACTIONS 11 November 2009 CENTS PER SHARE 177c per GPI BBBEE Trust Unit NUMBER OF SECURITIES TRANSACTED 390,000 GPI BBBEE Trust Unit TOTAL RAND VALUE OF SECURITIES R690,300 NATURE OF TRANSACTIONS Nadesons Investments (Pty) Ltd acquired 500,000 GPI BBBEE Trust Units as part of the unbundling of Intshinga Holdings Limited, a public company established to hold units in the GPI
BBBEE Trust. The GPI BBBEE Trust Units trade at a discount to GPI shares due to the lock-in requirement until June 2012.
NATURE AND EXTENT OF INTEREST IN Hassen Adams, through the Nadesons THE TRANSACTIONS Trust, owns a 78% beneficial interest in Nadesons Clearance to deal in these securities was obtained in accordance with Rule 3.66 of the JSE Listings Requirements. 12 November 2009 Sponsor PSG Capital (Pty) Limited Date: 12/11/2009 17:46:10 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Share This Story