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HYPROP INVESTMENTS LIMITED - Dealings in securities by directors of Hyprop

Release Date: 12/12/2013 16:01
Code(s): HYP     PDF:  
Wrap Text
Dealings in securities by directors of Hyprop

HYPROP INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/005284/06)
JSE share code: HYP ISIN: ZAE000003430
(Approved as a REIT by the JSE)
(“Hyprop”)


DEALINGS IN SECURITIES BY DIRECTORS OF HYPROP


Combined unitholders are advised of the following relating to the award and acceptance of combined units offered under
the Hyprop Conditional Unit Plan (“the plan”):

Name of director:                                Pieter Prinsloo
Transaction date:                                12 December 2013
Award date:                                      1 January 2014
Class of securities:                             Combined units
Number of securities:                            28 790
Price per security:                              RNil
Total deemed value of transaction:               R2 106 958.723, being the total deemed value calculated using a
                                                 volume weighted average price of R73.1837 per combined unit over
                                                 the 30 days prior to 11 December 2013, being the last practical date
                                                 prior to which the offer was made and accepted
Vesting date:                                    70% on 31 December 2016 and the balance on 31 December 2018
Nature of transaction:                           Off-market acceptance of the combined units offered in terms of the
                                                 plan
Nature and extent of director’s interest:        Direct beneficial
Clearance to deal received:                      Yes

Name of director:                                Laurence Cohen
Transaction date:                                12 December 2013
Award date:                                      1 January 2014
Class of securities:                             Combined units
Number of securities:                            15 864
Price per security:                              RNil
Total deemed value of transaction:               R1 160 986.22, being the total deemed value calculated using a
                                                 volume weighted average price of R73.1837 per combined unit over
                                                 the 30 days prior to 11 December 2013, being the last practical date
                                                 prior to which the offer was made and accepted
Vesting date:                                    70% on 31 December 2016 and the balance on 31 December 2018
Nature of transaction:                           Off-market acceptance of the combined units offered in terms of the
                                                 plan
Nature and extent of director’s interest:        Direct beneficial
Clearance to deal received:                      Yes

12 December 2013


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