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VUKILE PROPERTY FUND LIMITED - Dealing in securities by a director

Release Date: 05/06/2013 16:50
Code(s): VKE     PDF:  
Wrap Text
Dealing in securities by a director

VUKILE PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2002/027194/06)
ISIN: ZAE000056370
JSE Share code: VKE NSX Share code: VKN
(Granted REIT status with the JSE)
("Vukile" or the “company”)


DEALING IN SECURITIES BY A DIRECTOR


Unitholders are referred to the circular dated 27 March 2013 relating to, inter alia, the odd-lot offer (as defined
therein) (the “circular”) and each of the related announcements released on SENS on 14 May 2013 and 4 June 2013.

As indicated in the circular, any linked unitholder of the company holding less than 100 linked units (an “odd-lot
holding”), who/which did not timeously make an election not to sell their odd-lot holding in terms of the odd-lot offer
would automatically be regarded as having chosen to sell their odd-lot holding and their odd-lot holding compulsorily
repurchased by the company.

Further to this, unitholders are hereby advised that due to one certificated linked unit in the company being held by a
director of the company and such certificated linked unit inadvertently classified as an “odd-lot holding” for the
purpose of the implementation of the odd-lot offer, a director of the company has unknowingly sold to the company
which has repurchased one certificated linked unit under the odd-lot offer, the details of which are as follows:

Name of Director:                                                            HC Lopion
Name of company:                                                             Vukile
Date on which transaction was effected:                                      3 June 2013
Nature of transaction:                                                       Sale
Class of security:                                                           Certificated linked units
Number of linked units:                                                      1
Price per linked unit:                                                       R19.79
Total value of transaction:                                                  R19.79
Nature of directors interest:                                                Direct beneficial
Confirmation of on-market or off-market:                                     Off-market

HC Lopion beneficially holds a further 27 835 dematerialised linked units in the company.

The compulsory sale and repurchase of the one certificated linked unit occurred automatically and inadvertently as a
result of the implementation of the odd-lot offer. Accordingly, no clearance was sought or received.




5 June 2013


JSE Sponsor and Corporate advisor: Java Capital

NSX sponsor: IJG Securities (Pty) Ltd






Date: 05/06/2013 04:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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