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SA CORPORATE REAL ESTATE LIMITED - Dealing in securities by directors and the company secretary

Release Date: 22/06/2016 13:33
Code(s): SAC     PDF:  
Wrap Text
Dealing in securities by directors and the company secretary

SA Corporate Real Estate Limited
(Incorporated in the Republic of South Africa)
Share Code: SAC ISIN Code: ZAE000203238
 (Registration number 2015/015578/06)
("SA Corporate")
REIT status approved

DEALING IN SECURITIES BY DIRECTORS AND THE COMPANY SECRETARY

In compliance with rule 3.63 of the JSE Listings Requirements, the following information is disclosed:

Name:                                                T R Mackey
Office held:                                         Managing Director
Date transaction effected:                           17 June 2016
Number of forfeitable performance share awards:      759 480
Price per forfeitable share:                         R5.00
Value of transaction:                                R3 797 400.00
Nature of transaction:                               Grant and acceptance of forfeitable performance share
                                                     awards in terms of the SA Corporate’s Forfeitable Share Plan
                                                     (off market)
Vesting period:                                      100% by 16 June 2019 (3 years) subject to performance
                                                     conditions
Nature of interest:                                  Direct beneficial
Written clearance to deal received:                  Yes


Name:                                                A M Basson
Office held:                                         Financial Director
Date transaction effected:                           17 June 2016
Number of forfeitable performance share awards:      436 065
Price per forfeitable share:                         R5.00
Value of the transaction:                            R2 180 325.00
Nature of transaction:                               Grant and acceptance of forfeitable performance share
                                                     awards in terms of the SA Corporate’s Forfeitable Share Plan
                                                     (off market)
Vesting period:                                      100% by 16 June 2019 (3 years) subject to performance
                                                     conditions
Nature of interest:                                  Direct beneficial
Written clearance to deal received:                  Yes

Name:                                                B Swanepoel
Office held:                                         Company Secretary
Date transaction effected:                           17 June 2016
Number of forfeitable performance share awards:      105 126
Price per forfeitable share:                         R5.00
Value of the transaction:                            R525 630.00
Nature of transaction:                               Grant and acceptance of forfeitable performance share
                                                     awards in terms of the SA Corporate’s Forfeitable Share Plan
                                                     (off market)
Vesting period:                                      100% by 16 June 2019 (3 years) subject to performance
                                                     conditions
Nature of interest:                                  Direct beneficial
Written clearance to deal received:                  Yes



Cape Town
22 June 2016

Sponsor
Nedbank Corporate and Investment Banking

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