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HYPROP INVESTMENTS LIMITED - Share repurchase programme

Release Date: 22/06/2015 16:50
Code(s): HYP     PDF:  
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Share repurchase programme

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”)


SHARE REPURCHASE PROGRAMME


Shareholders are advised that the company has entered into share repurchase programme for the purpose of
hedging shares allocated in terms of the Hyprop Conditional Unit Plan.

The repurchase programme will extend from the date of this announcement to the date of the company’s
annual general meeting for the year ending 30 June 2015, which period will include a prohibited period in
respect of the publication of the company’s annual financial results for the 12 months ending 30 June 2015,
which are expected to be released on or about 31 August 2015.

In terms of the share repurchase programme, up to 112 000 Hyprop shares will be repurchased at a price not
greater than 10% above the volume weighted average trading price of Hyprop shares on the JSE over the
5 business days immediately preceding any particular repurchase.

Any repurchases effected under the share repurchase programme will be in accordance with the general
authority granted by special resolution of the company’s shareholders passed at the company’s annual
general meeting held on 25 November 2014 and in compliance with the relevant provisions of the JSE
Listings Requirements and the Companies Act, 71 of 2008, as amended.

22 June 2015


Sponsor

Java Capital

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