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GRAND PARADE INVESTMENTS LIMITED - Dealing In Securities By An Associate Of A Director

Release Date: 07/04/2017 16:55
Code(s): GPL     PDF:  
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Dealing In Securities By An Associate Of A Director

GRAND PARADE INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1997/003548/06)
Share code: GPL
ISIN: ZAE000119814
(“GPI” or “the company”)

DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR

In compliance with rules 3.63 to 3.74 of the JSE
Limited’s    Listings    Requirements, the following
information is disclosed:

NAME OF DIRECTOR                Hassen Adams

COMPANY OF WHICH I AM A         Grand Parade Investments Limited
DIRECTOR

STATUS: EXECUTIVE/NON-          Executive
EXECUTIVE

TYPE OF SECURITIES              Shares

CLASS OF SECURITIES             Ordinary

DATE OF TRANSACTION             7 April 2017

CENTS PER SHARE                 Not applicable

NUMBER OF SECURITIES            Not applicable
TRANSACTED

TOTAL RAND VALUE OF             Not applicable
SECURITIES

NATURE OF TRANSACTION           There has been no dealing in GPI
                                shares. Nadesons Investments
                                Proprietary Limited, which is
                                controlled by an associate of
                                the   director,   has   cancelled
                                issued shares and as a result
                                the associate indirectly
                                increased its percentage
                                interest in GPI by 1.49%. This
                                announcement is made in the
                                interests of transparency.
                                (Off-market transaction)

NAME OF ASSOCIATES              The Nadeson Trust and Nadesons
                                Investments Proprietary Limited

RELATIONSHIP WITH DIRECTOR      Beneficiary and trustee of The
                                Nadeson Trust, which is the
                                controlling shareholder of
                                Nadesons Investments Proprietary
                                Limited, and director and
                                indirect shareholder of Nadesons
                                Investments Proprietary Limited.

NATURE AND EXTENT OF INTEREST   Indirect Beneficial
IN THE TRANSACTION (INDIRECT)

CLEARANCE OBTAINED              Not required

7 April 2017
Cape Town

Sponsor
PSG Capital (Pty) Limited

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