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LODESTONE REIT LIMITED - Dealings in securities by a director and by associates of directors of Lodestone

Release Date: 17/11/2015 14:52
Code(s): LDO     PDF:  
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Dealings in securities by a director and by associates of directors of Lodestone

LODESTONE REIT LIMITED
(previously Lodestone Properties Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 2010/017830/06)
JSE share code: LDO ISIN: ZAE000197935
(“Lodestone” or “the company”)


DEALINGS IN SECURITIES BY A DIRECTOR AND ASSOCIATES OF DIRECTORS OF LODESTONE


Shareholders are advised of the following information relating to dealings in securities by a director and associates of
directors of Lodestone by way of a subscription for shares pursuant to a bookbuild process undertaken by the company
on 11 November 2015:

Name of director:                                    Craig Hallowes
Transaction date:                                    11 November 2015
Class of securities:                                 Ordinary shares
Number of securities:                                135 000
Price per security:                                  R6.75
Total value:                                         R911 250.00
Nature of transaction:                               Off-market subscription for shares
Nature and extent of directors’ interest:            Direct beneficial
Clearance to deal received:                          Yes

Name of associate:                                   Elderberry Investments 115 Proprietary Limited
Name of director and relationship to director:       Jacques van Wyk, who is the sole shareholder of Elderberry
                                                     Investments 115 Proprietary Limited
Transaction date:                                    11 November 2015
Class of securities:                                 Ordinary shares
Number of securities:                                2 964 351
Price per security:                                  R6.75
Total value:                                         R20 009 369.25
Nature of transaction:                               Off-market subscription for shares
Nature and extent of directors’ interest:            Indirect beneficial

Name of associate:                                   Redspiced Investments Proprietary Limited
Name of director and relationship to director:       Gidon Trope, who is a trustee and beneficiary of GT Trust,
                                                     which owns 100% of Redspiced Investments Proprietary
                                                     Limited
Transaction date:                                    11 November 2015
Class of securities:                                 Ordinary shares
Number of securities:                                1 481 481
Price per security:                                  R6.75
Total value:                                         R9 999 996.75
Nature of transaction:                               Off-market subscription for shares
Nature and extent of directors’ interest:            Indirect beneficial

Name of associate:                                   Spear Edge Investments Proprietary Limited
Name of director and relationship to director:       Herman Zolty, who is a trustee and beneficiary of HAZ Trust,
                                                     which owns 100% of Spear Edge Investments Proprietary
                                                     Limited
Transaction date:                                    11 November 2015
Class of securities:                                 Ordinary shares
Number of securities:                                1 481 481
Price per security:                                  R6.75
Total value:                                         R9 999 996.75
Nature of transaction:                               Off-market subscription for shares
Nature and extent of directors’ interest:            Indirect beneficial

Name of associate:                                   Antediluvian Investments Proprietary Limited
Name of director and relationship to director:       Craig Hallowes, who is a trustee and beneficiary of The
                                                     Brabazon Trust which owns 100% of Antediluvian Investments
                                                     Proprietary Limited
Transaction date:                                    11 November 2015
Class of securities:                                 Ordinary shares
Number of securities:                                1 180 000
Price per security:                                  R6.75
Total value:                                         R7 965 000.00
Nature of transaction:                               Off-market subscription for shares
Nature and extent of directors’ interest:            Indirect beneficial

Name of associate:                                   Twenty Eight Twelve Investment Properties CC
Name of director and relationship to director:       Jason Cooper, who is the sole member of Twenty Eight Twelve
                                                     Investment Properties CC
Transaction date:                                    11 November 2015
Class of securities:                                 Ordinary shares
Number of securities:                                2 285 149
Price per security:                                  R6.75
Total value:                                         R15 424 755.75
Nature of transaction:                               Off-market subscription for shares
Nature and extent of directors’ interest:            Indirect beneficial

17 November 2015


Sponsor
Java Capital

Date: 17/11/2015 02:52:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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