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HYPROP INVESTMENTS LIMITED - Share repurchase programme

Release Date: 11/12/2015 10:13
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 a 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 30 June 2016, which period
will include a prohibited period in respect of the publication of the company's interim financial results for
the 6 months ending 31 December 2015, which are expected to be released on or about 3 March 2016.

In terms of the share repurchase programme, up to 145 000 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 30 November 2015 and in compliance with the relevant provisions of the JSE
Listings Requirements and the Companies Act, 71 of 2008, as amended.

11 December 2015

Sponsor
Java Capital

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