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HYPROP INVESTMENTS LIMITED - Dealings in securities by directors of Hyprop

Release Date: 20/06/2014 16:27
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 information 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:                                19 June 2014
Award date:                                      1 July 2014
Class of securities:                             Combined units
Number of securities:                            31 207
Price per security:                              RNil
Total deemed value of transaction:               R2 450 061.57, being the total deemed value calculated using a
                                                 volume weighted average price of R78.51 per combined unit over the
                                                 30 days prior to 18 June 2014, being the last practical date prior to
                                                 which the offer was made and accepted
Vesting date:                                    70% on 30 June 2017, subject to performance conditions; and the
                                                 balance on 30 June 2019
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:                                19 June 2014
Award date:                                      1 July 2014
Class of securities:                             Combined units
Number of securities:                            16 813
Price per security:                              RNil
Total deemed value of transaction:               R1 319 988.63, being the total deemed value calculated using a
                                                 volume weighted average price of R78.51 per combined unit over the
                                                 30 days prior to 18 June 2014, being the last practical date prior to
                                                 which the offer was made and accepted
Vesting date:                                    70% on 30 June 2017, subject to performance conditions; and the
                                                 balance on 30 June 2019
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

20 June 2014


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