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GPL - Grand Parade Investments Limited - Dealing in GPI BBBEE units

Release Date: 01/07/2011 15:44
Code(s): GPL
Wrap Text

GPL - Grand Parade Investments Limited - Dealing in GPI BBBEE units 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 GPI BBBEE UNITS In compliance with rules 3.63 to 3.74 of the JSE Limited`s Listings Requirements, the following information is disclosed: NAME OF DIRECTOR Anthony Bedford COMPANY OF WHICH I AM A DIRECTOR Grand Parade Investments Limited STATUS: EXECUTIVE/NON-EXECUTIVE Non-Executive TYPE OF SECURITIES GPI BBBEE Units CLASS OF SECURITIES - DATE OF TRANSACTION 29 June 2011 CENTS PER SHARE 200 NUMBER OF SECURITIES TRANSACTED 62 500 TOTAL RAND VALUE OF SECURITIES R125 000 NATURE OF TRANSACTION There has been no dealing in GPI shares. Anthony Bedford has purchased additional GPI BBBEE units in Prosperity Trough Partnership Limited who currently holds 1.97% in GPI. The GPI 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.
(Off-market transaction) NATURE AND EXTENT OF INTEREST IN Direct, beneficial THE TRANSACTION CLEARANCE OBTAINED Yes 01 July 2011 Sponsor PSG Capital (Pty) Limited Date: 01/07/2011 15:44:00 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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