HYPROP INVESTMENTS LIMITED - Dealings in securities by an associate of a director of Hyprop

Release Date: 28/10/2014 16:45
Code(s): HYP
 
Wrap Text
Dealings in securities by an associate of a director of Hyprop

HYPROP INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/005284/06)
JSE share code: HYP ISIN: ZAE000190724
(Approved as a REIT by the JSE)
(“Hyprop” or “the company”)


DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF HYPROP


Shareholders are advised of the following information relating to dealings in securities by an associate of a director
of Hyprop:

Name of associate:                                                   Parkdev Investments (Pty) Ltd (“Parkdev”)
Name of director and relationship to director:                       Louis Norval, who is a director of Parkdev
                                                                     and a director of Homestead Group
                                                                     Limited (which is 100% owned by
                                                                     Mountain Trust of which Louis Norval is a
                                                                     beneficiary) which owns 62.5% of Parkdev
Transaction date:                                                    24 October 2014
Class of securities:                                                 Ordinary shares
Number of securities:                                                13 438
Highest traded price:                                                R92.50
Weighted per security:                                               R92.26385
Lowest traded price:                                                 R90.98
Total value of transaction:                                          R1 239 841.58
Nature of transaction:                                               On-market sale
Nature and extent of directors’ interest:                            Indirect beneficial

Name of associate:                                                   Parkdev Investments (Pty) Ltd (“Parkdev”)
Name of director and relationship to director:                       Louis Norval, who is a director of Parkdev
                                                                     and a director of Homestead Group
                                                                     Limited (which is 100% owned by
                                                                     Mountain Trust of which Louis Norval is a
                                                                     beneficiary) which owns 62.5% of Parkdev
Transaction date:                                                    27 October 2014
Class of securities:                                                 Ordinary shares
Number of securities:                                                108 562
Highest traded price:                                                R93.00
Weighted per security:                                               R92.24248
Lowest traded price:                                                 R90.05
Total value of transaction:                                          R10 014 028.31
Nature of transaction:                                               On-market sale
Nature and extent of directors’ interest:                            Indirect beneficial

28 October 2014


Sponsor

Java Capital

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