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EQUITES PROPERTY FUND LIMITED - Dealings in securities by directors of Equites

Release Date: 06/06/2017 15:13
Code(s): EQU     PDF:  
Wrap Text
Dealings in securities by directors of Equites

EQUITES PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2013/080877/06)
JSE share code: EQU  ISIN: ZAE000188843
(Approved as a REIT by the JSE)
(“Equites” or “the Company”)


DEALINGS IN SECURITIES BY DIRECTORS OF EQUITES


Following the acceptance of conditional awards in terms of the rules of the Equites Conditional Share Plan (“CSP”),
shareholders are advised of the following information relating to the issue of shares under the CSP. The rules of the
CSP allow participants to defer the vesting of the applicable tranche of shares by a further 24 months which will result
in the conditional awards increasing on a 3-for-1 basis by the issue of matching shares provided that the participant
remains in the company’s employment and does not sell any of the shares in that tranche for these further 24 months.
The following directors have elected to defer vesting and accordingly the shares issued will be pledged to the
Company for a further 24 months.

Name of director:                                           Andrea Taverna-Turisan
Date of transaction:                                        1 June 2017
Class of securities:                                        Ordinary shares
Number of securities:                                       227 472
Price per security:                                         R10.65
Total value of transaction:                                 R2 422 576.80
Nature of transaction:                                      Issue and pledge of shares in terms of the CSP
Nature and extent of director’s interest:                   Direct beneficial
Clearance to deal received:                                 Yes

Name of director:                                           Bram Goossens
Date of transaction:                                        1 June 2017
Class of securities:                                        Ordinary shares
Number of securities:                                       106 636
Price per security:                                         R10.65
Total value of transaction:                                 R1 135 673.40
Nature of transaction:                                      Issue and pledge of shares in terms of the CSP
Nature and extent of director’s interest:                   Direct beneficial
Clearance to deal received:                                 Yes

Name of director:                                           Riaan Gous
Date of transaction:                                        1 June 2017
Class of securities:                                        Ordinary shares
Number of securities:                                       137 860
Price per security:                                         R10.65
Total value of transaction:                                 R1 468 209.00
Nature of transaction:                                      Issue and pledge of shares in terms of the CSP
Nature and extent of director’s interest:                   Direct beneficial
Clearance to deal received:                                 Yes

6 June 2017


Sponsor
Java Capital
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