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QPG - Quantum Property Group Limited - Dealings in securities by director

Release Date: 01/03/2011 16:37
Code(s): QPG
Wrap Text

QPG - Quantum Property Group Limited - Dealings in securities by director QUANTUM PROPERTY GROUP LIMITED Incorporated in the Republic of South Africa (Registration number 1984/002788/06) Share code: QPG ISIN: ZAE000125647 DEALINGS IN SECURITIES BY DIRECTOR In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, the following is disclosed: Name of director: Mr Peter Martin Shaff Company: Quantum Property Group Limited Class of securities: Ordinary shares Nature of transaction: Entry by Mr Peter Martin Shaff into a written agreement on 27 February 2011 in terms of which he shall purchase, off-market, 26 455 560 ordinary shares for a total consideration of R17 665 004. The shares shall be held in
Trust until full payment and clearance of the purchase consideration, the third and final tranche of which becomes due and payable on 31 August 2011.
Date of agreement: 27 February 2011 Purchase price: 66.77 cents Number of securities: 26 455 560 Total value: R17 665 004 Extent of director`s interest: Direct beneficial Clearance to deal obtained: Yes 1 March 2011 Johannesburg Designated Adviser Merchantec Capital Date: 01/03/2011 16:37:01 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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