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HYPROP INVESTMENTS LIMITED - Dealings in Securities by Directors of the Company

Release Date: 06/04/2017 12:45
Code(s): HYP     PDF:  
Wrap Text
Dealings in Securities by Directors of the Company

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 DIRECTORS OF THE COMPANY


Shareholders are advised of the following information relating to dealings in securities by directors of Hyprop,
pursuant to the vesting of shares under the Hyprop Conditional Unit Plan (“the Plan”), the vesting of which
was subject to the achievement of certain performance criteria as provided for in the Plan:

Name of director:                            Pieter Prinsloo
Transaction date:                            3 April 2017
Class of securities:                         Ordinary shares
Number of securities:                        20 153
Price per security:                          R123.46
Total value of transaction:                  R2 488 089.38
Nature of transaction:                       Off-market vesting of shares under the Plan
Nature and extent of director’s interest:    Direct beneficial
Clearance to deal received:                  Vesting of shares occurs automatically, following the
                                             fulfilment of performance conditions, in terms of the plan and
                                             no clearance is sought or received

Name of director:                            Laurence Cohen
Transaction date:                            3 April 2017
Class of securities:                         Ordinary shares
Number of securities:                        11 105
Price per security:                          R123.46
Total value of transaction:                  R1 371 023.30
Nature of transaction:                       Off-market vesting of shares under the Plan
Nature and extent of director’s interest:    Direct beneficial
Clearance to deal received:                  Vesting of shares occurs automatically, following the
                                             fulfilment of performance conditions, in terms of the plan and
                                             no clearance is sought or received

6 April 2017


Sponsor
Java Capital

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