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GPL - Grand Parade Investments Limited - Dealing in securities by directors

Release Date: 03/12/2009 17:30
Code(s): GPL
Wrap Text

GPL - Grand Parade Investments Limited - Dealing in securities by directors 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 DIRECTORS In compliance with rules 3.63 to 3.74 of the JSE Limited`s Listings Requirements, the following information is disclosed: NAME OF DIRECTOR Alex Abercrombie COMPANY OF WHICH I AM A DIRECTOR Grand Parade Investments Limited STATUS: EXECUTIVE/NON-EXECUTIVE Non-Executive TYPE OF SECURITIES Shares CLASS OF SECURITIES Ordinary DATE OF TRANSACTION 1 December 2009 CENTS PER SHARE 235 NUMBER OF SECURITIES TRANSACTED 102 061 TOTAL RAND VALUE OF SECURITIES R239 843.35 NATURE OF TRANSACTION Purchase of shares NATURE AND EXTENT OF INTEREST IN Direct Beneficial THE TRANSACTION NAME OF DIRECTOR Alex Abercrombie COMPANY OF WHICH I AM A DIRECTOR Grand Parade Investments Limited STATUS: EXECUTIVE/NON-EXECUTIVE Non-Executive TYPE OF SECURITIES GPI BBBEE Trust units CLASS OF SECURITIES Trust units DATE OF TRANSACTION 1 December 2009 CENTS PER UNIT 177 NUMBER OF SECURITIES TRANSACTED 462 583 TOTAL RAND VALUE OF SECURITIES R818 771.91 NATURE OF TRANSACTION Purchase of GPI BBBEE Trust units. The BBBEE Trust units trade at a discount to GPI shares due to the lock-in requirements until 2012. Each unit will be converted into GPI shares on 30 June 2012 on a one-
for-one basis. NATURE AND EXTENT OF INTEREST IN Direct Beneficial THE TRANSACTION NAME OF DIRECTOR Alex Abercrombie COMPANY OF WHICH I AM A DIRECTOR Grand Parade Investments Limited STATUS: EXECUTIVE/NON-EXECUTIVE Non-Executive TYPE OF SECURITIES Shares CLASS OF SECURITIES Ordinary DATE OF TRANSACTION 1 December 2009 CENTS PER SHARES 235 NUMBER OF SECURITIES TRANSACTED 3 106 900 TOTAL RAND VALUE OF SECURITIES R7 301 215 NATURE OF TRANSACTION Mr. Alex Abercrombie acquired 3 106 900 shares as part of the unbundling of Intshinga Holdings Limited, a public company established to hold GPI shares and
BBBEE trust units. The shares were acquired at a nil value. NATURE AND EXTENT OF INTEREST IN Direct Beneficial THE TRANSACTION NAME OF DIRECTOR Hassen Adams COMPANY OF WHICH I AM A DIRECTOR Grand Parade Investments Limited STATUS: EXECUTIVE/NON-EXECUTIVE Non-Executive TYPE OF SECURITIES GPI shares CLASS OF SECURITIES Ordinary DATE OF TRANSACTION 01 December 2009 CENTS PER SHARE 235 NUMBER OF SECURITIES TRANSACTED 52 514 TOTAL RAND VALUE OF SECURITIES R123 407.90 NATURE OF TRANSACTION Purchase by an associate NATURE AND EXTENT OF INTEREST IN Indirect beneficial THE TRANSACTION (Hassen Adams, through Victory Ticket 132 CC, owns a 100% beneficial interest in Victory Ticket 132 CC) Clearance to deal in these securities was obtained in accordance with Rule 3.66 of the JSE Listings Requirements. 3 December 2009 Sponsor PSG Capital (Pty) Limited Date: 03/12/2009 17:30:52 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.

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