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HYPROP INVESTMENTS LIMITED - Dealings in securities by associates of directors of Hyprop

Release Date: 17/03/2014 15:15
Code(s): HYP     PDF:  
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Dealings in securities by associates of 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 ASSOCIATES OF DIRECTORS OF HYPROP

Combined unitholders are advised of the following information relating to dealings in securities by associates of directors
of Hyprop:

Name of associate:                                Ellerine Bros. Proprietary Limited (“Ellerine Bros.”)
Name of director and relationship to director:    Kevin Ellerine, who is a director of Ellerine Bros. and a shareholder
                                                  of the Sidney Ellerine Trust Proprietary Limited (“Sidney Ellerine
                                                  Trust”), which is in turn a shareholder of Ellerine Bros.
Transaction date:                                 13 March 2014
Class of securities:                              Combined units
Number of securities:                             42 836
Price per security:                               R74.10
Total value of transaction:                       R3 174 147.60
Nature of transaction:                            On-market purchase
Nature and extent of directors’ interest:         Indirect beneficial

Name of associate:                                Ellerine Bros.
Name of director and relationship to director:    Kevin Ellerine, who is a director of Ellerine Bros. and a shareholder
                                                  of the Sidney Ellerine Trust, which is in turn a shareholder of
                                                  Ellerine Bros.
Transaction date:                                 14 March 2014
Class of securities:                              Combined units
Number of securities:                             57 164
Highest traded price:                             R75.24
Weighted average price per security:              R73.91
Lowest traded price:                              R72.10
Total value of transaction:                       R4 225 102.3
Nature of transaction:                            On-market purchase
Nature and extent of directors’ interest:         Indirect beneficial

Name of associate:                                Hayley Cohen
Name of director:                                 Laurence Cohen
Relationship to director:                         Wife
Transaction date:                                 14 March 2014
Class of securities:                              Combined units
Number of securities:                             8 000
Price per security:                               R74.10
Total value of transaction:                       R592 800.00
Nature of transaction:                            On-market purchase
Nature and extent of directors’ interest:         Not applicable

17 March 2014


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