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SAC - SA Corporate Real Estate Fund - Dealing in securities by a director

Release Date: 16/03/2011 11:27
Code(s): SAC
Wrap Text

SAC - SA Corporate Real Estate Fund - Dealing in securities by a director SA Corporate Real Estate Fund (Incorporated in the Republic of South Africa) Share Code: SAC ISIN Code: ZAE000083614 A Collective Investment Scheme in property registered in terms of the Collective Investment Schemes Control Act, No. 45 of 2002 and managed by SA Corporate Real Estate Fund Managers Limited (Registration number 1994/009895/06) ("SA Corporate") DEALING IN SECURITIES BY A DIRECTOR In terms of paragraph 3.63 - 3.74 of the JSE Limited Listings Requirements, the following information, relating to the dealing in securities on behalf of a director is accordingly disclosed: Director Mr B M Kodisang Class of securities Units Transaction date 15 March 2011 Strike price R3.0752 per unit Number of securities 619 304 Total value R1 904 483.66 Nature of transaction Exercise of share options granted in terms of Old Mutual`s Medium Term Incentive Scheme (off market) Extent of interest Indirect beneficial via Corporate Darkies Investments cc of which Mr Kodisang is the only member.
Price R3.1023 per unit Number of securities 248 588 Total value R771 194.55 Nature of transaction Sale of shares on the open market Extent of interest Indirect beneficial Written clearance to deal Yes received Johannesburg 16 March 2011 Investment bank and sponsor Nedbank Capital Date: 16/03/2011 11:27:00 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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