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

Release Date: 20/01/2012 13:23
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 R J Biesman-Simons Transaction date 18 January 2012 Class of securities Units Strike price R3.55 per unit Number of securities 13 333 Total value R47 332.15 Nature of transaction The transfer of SA Corporate units in terms of liquidation and distribution of a family member`s deceased estate Extent of interest Direct beneficial Written clearance to deal could not be given as SA Corporate is currently in a closed period, however the director had no discretion in the above transaction and had to accept the units inherited. Johannesburg 20 January 2012 Investment bank and sponsor Nedbank Capital Date: 20/01/2012 13:23:38 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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