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FPT - Fountainhead Property Trust - Dealings in securities

Release Date: 31/03/2011 17:02
Code(s): FPT
Wrap Text

FPT - Fountainhead Property Trust - Dealings in securities Fountainhead Property Trust JSE code: FPT ISIN: ZAE000097416 ("Fountainhead") A portfolio forming part of the Fountainhead Property Trust Scheme ("the Scheme"), a collective investment scheme in property established in terms of the Collective Investment Schemes Control Act, No.45 of 2002, as amended, and Managed by Fountainhead Property Trust Management Limited (Registration number 1983/003324/06) DEALINGS IN SECURITIES In compliance with paragraphs 3.63 to 3.65 of the Listings Requirements of the JSE Limited ("JSE"), and pursuant to the rights offer as announced on the Securities Exchange News Service on 21 February and in the South African press on 22 February 2011, the following information is disclosed: Name of director: Stewart Shaw-Taylor Designation: Non-executive director Date of transaction: Units to be issued on 11 April 2011 Price per unit: 600 cents Number of units: 16 732 Total value: R100 392.00 Class of units: Ordinary units Nature of transaction: Purchase Nature of trade: Subscription for rights offer units Extent of interest: Direct beneficial Name of director: William Michael Kirchmann Designation: Non-executive director Date of transaction: Units to be issued on 11 April 2011 Price per unit: 600 cents Number of units: 16 732 Total value: R100 392.00 Class of units: Ordinary units Nature of transaction: Purchase Nature of trade: Subscription for rights offer units Extent of interest: Direct beneficial Name of director: William Michael Kirchmann Designation: Non-executive director Date of transaction: Units to be issued on or around 13 April 2011 Price per unit: 600 cents Number of units: 3 268 Total value: R19 608.00 Class of units: Ordinary units Nature of transaction: Purchase Nature of trade: Application for additional rights offer units Extent of interest: Direct beneficial Name of associate: Fountainhead Property Trust Management Limited Designation: Manager Date of transaction: Units to be issued on 11 April 2011 Price per unit: 600 cents Number of units: 41 816 Total value: R250 896.00 Class of units: Ordinary units Nature of transaction: Purchase Nature of trade: Subscription for rights offer units Extent of interest: Direct beneficial Name of director: John Daniel Rainier Designation: Non-executive director Date of transaction: 31 March 2011 Price per letter: 16 cents Number of letters: 20 079 Total value: R3 212.64 Class of units: Letters of allocation Nature of transaction: Sale Nature of trade: On market Extent of interest: Direct beneficial Clearance to trade was given for the above director`s dealings in accordance with paragraph 3.66 of the Listings Requirements of JSE. Johannesburg 31 March 2011 Sponsor Standard Bank Date: 31/03/2011 17:02:02 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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