To view the PDF file, sign up for a MySharenet subscription.

VUKILE PROPERTY FUND LIMITED - Dealings in securities by directors and by the company secretary of the company

Release Date: 07/07/2017 17:32
Code(s): VKE     PDF:  
Wrap Text
Dealings in securities by directors and by the company secretary of the company

VUKILE PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2002/027194/06)
JSE share code: VKE NSX share code: VKN
ISIN: ZAE000180865
(Granted REIT status with the JSE)
(“Vukile” or “the company”)


DEALINGS IN SECURITIES BY DIRECTORS AND BY THE COMPANY SECRETARY OF THE COMPANY


Shareholders are advised of the following information relating to dealings in securities by directors and the company secretary of
Vukile, pursuant to the vesting of shares under Vukile’s Conditional Share Plan (the “CSP”), and in order to settle the tax liability due
in respect of the shares vested under the CSP:

Name of director:                                                 HC Lopion
Date of transaction:                                              3 July 2017
Class of securities:                                              Ordinary shares
Number of securities:                                             77 192
Price per security:                                               R18.30
Total value of transaction:                                       R1 412 613.60
Nature of transaction:                                            Off-market vesting of shares under the CSP
Nature and extent of director’s interest:                         Direct beneficial
Clearance to deal received:                                       Vesting of shares occurs automatically in terms of the CSP and
                                                                  no clearance is sought or received

Name of director:                                                 HC Lopion
Date of transaction:                                              3 July 2017
Class of securities:                                              Ordinary shares
Number of securities:                                             34 398
Price per security:                                               R18.48
Total value of transaction:                                       R635 675.04
Nature of transaction:                                            On-market sale in order to settle tax liability due in respect of
                                                                  shares vested under the CSP
Nature and extent of director’s interest:                         Direct beneficial
Clearance to deal received:                                       Yes

Name of company secretary:                                        J Neethling
Date of transaction:                                              3 July 2017
Class of securities:                                              Ordinary shares
Number of securities:                                             43 520
Price per security:                                               R18.30
Total value of transaction:                                       R796 416.00
Nature of transaction:                                            Off-market vesting of shares under the CSP
Nature and extent of company secretary’s interest:                Direct beneficial
Clearance to deal received:                                       Vesting of shares occurs automatically in terms of the CSP and
                                                                  no clearance is sought or received

Name of company secretary:                                        J Neethling
Date of transaction:                                              3 July 2017
Class of securities:                                              Ordinary shares
Number of securities:                                             19 393
Price per security:                                               R18.48
Total value of transaction:                                       R358 382.64
Nature of transaction:                                            On-market sale in order to settle tax liability due in respect of
                                                                  shares vested under the CSP
Nature and extent of company secretary’s interest:                Direct beneficial
Clearance to deal received:                                       Yes

Name of director:                                                 MJ Potts
Date of transaction:                                              3 July 2017
Class of securities:                                              Ordinary shares
Number of securities:                                             86 171
Price per security:                                               R18.30
Total value of transaction:                                       R1 576 929.30
Nature of transaction:                                            Off-market vesting of shares under the CSP
Nature and extent of director’s interest:                         Direct beneficial
Clearance to deal received:                                       Vesting of shares occurs automatically in terms of the CSP and
                                                                  no clearance is sought or received

Name of director:                                                 MJ Potts
Date of transaction:                                              3 July 2017
Class of securities:                                              Ordinary shares
Number of securities:                                             38 399
Price per security:                                               R18.48
Total value of transaction:                                       R709 613.52
Nature of transaction:                                            On-market sale in order to settle tax liability due in respect of
                                                                  shares vested under the CSP
Nature and extent of director’s interest:                         Direct beneficial
Clearance to deal received:                                       Yes

Name of director:                                                 GS Moseneke
Date of transaction:                                              3 July 2017
Class of securities:                                              Ordinary shares
Number of securities:                                             56 696
Price per security:                                               R18.30
Total value of transaction:                                       R1 037 536.80
Nature of transaction:                                            Off-market vesting of shares under the CSP
Nature and extent of director’s interest:                         Direct beneficial
Clearance to deal received:                                       Vesting of shares occurs automatically in terms of the CSP and
                                                                  no clearance is sought or received

Name of director:                                                 GS Moseneke
Date of transaction:                                              3 July 2017
Class of securities:                                              Ordinary shares
Number of securities:                                             25 265
Price per security:                                               R18.48
Total value of transaction:                                       R466 897.20
Nature of transaction:                                            On-market sale in order to settle tax liability due in respect of
                                                                  shares vested under the CSP
Nature and extent of director’s interest:                         Direct beneficial
Clearance to deal received:                                       Yes

Name of director:                                                 LG Rapp
Date of transaction:                                              3 July 2017
Class of securities:                                              Ordinary shares
Number of securities:                                             167 274
Price per security:                                               R18.30
Total value of transaction:                                       R3 061 114.20
Nature of transaction:                                            Off-market vesting of shares under the CSP
Nature and extent of director’s interest:                         Direct beneficial
Clearance to deal received:                                       Vesting of shares occurs automatically in terms of the CSP and
                                                                  no clearance is sought or received

Name of director:                                                 LG Rapp
Date of transaction:                                              3 July 2017
Class of securities:                                              Ordinary shares
Number of securities:                                             74 540
Price per security:                                               R18.48
Total value of transaction:                                       R1 377 499.20
Nature of transaction:                                            On-market sale in order to settle tax liability due in respect of
                                                                  shares vested under the CSP
Nature and extent of director’s interest:                         Direct beneficial
Clearance to deal received:                                       Yes

Shareholders are hereby advised that Sanlam Capital Markets Limited, as hedge facilitator, has acquired Vukile shares under the CSP,
which shares vest in the scheme participants on the Vesting Date subject to, inter alia, the achievement of certain performance criteria:

Name of company secretary:                                        J Neethling
Date of transaction:                                              4 July 2017
Class of securities:                                              Ordinary shares
Number of securities:                                             91 050
Highest traded price per security:                                R19.59
Weighted average price per security:                              R18.7439
Lowest traded price per security:                                 R18.57
Total value of transaction:                                       R1 706 632.10
Vesting date:                                                     31 May 2020
Nature of transaction:                                            On-market purchase
Nature and extent of company secretary’s interest:                Indirect beneficial
Clearance to deal received:                                       Yes

Name of director:                                                 GS Moseneke
Date of transaction:                                              4 July 2017
Class of securities:                                              Ordinary shares
Number of securities:                                             92 466
Highest traded price per security:                                R19.59
Weighted average price per security:                              R18.7439
Lowest traded price per security:                                 R18.57
Total value of transaction:                                       R1 733 173.46
Vesting date:                                                     31 May 2020
Nature of transaction:                                            On-market purchase
Nature and extent of director’s interest:                         Indirect beneficial
Clearance to deal received:                                       Yes

Name of director:                                                 HC Lopion
Date of transaction:                                              5 July 2017
Class of securities:                                              Ordinary shares
Number of securities:                                             176 902
Highest traded price per security:                                R18.91
Weighted average price per security:                              R18.7336
Lowest traded price per security:                                 R18.58
Total value of transaction:                                       R3 314 011.31
Vesting date:                                                     31 May 2020
Nature of transaction:                                            On-market purchase
Nature and extent of director’s interest:                         Indirect beneficial
Clearance to deal received:                                       Yes

Name of director:                                                 MJ Potts
Date of transaction:                                              6 July 2017
Class of securities:                                              Ordinary shares
Number of securities:                                             214 937
Highest traded price per security:                                R19.17
Weighted average price per security:                              R18.9682
Lowest traded price per security:                                 R18.51
Total value of transaction:                                       R4 076 968.00
Vesting date:                                                     31 May 2020
Nature of transaction:                                            On-market purchase
Nature and extent of director’s interest:                         Indirect beneficial
Clearance to deal received:                                       Yes

Name of director:                                                 LG Rapp
Date of transaction:                                              6 July 2017
Class of securities:                                              Ordinary shares
Number of securities:                                             316 943
Highest traded price per security:                                R19.17
Weighted average price per security:                              R18.9682
Lowest traded price per security:                                 R18.51
Total value of transaction:                                       R6 011 838.21
Vesting date:                                                     31 May 2020
Nature of transaction:                                            On-market purchase
Nature and extent of company secretary’s interest:                Indirect beneficial
Clearance to deal received:                                       Yes

Shareholders are further advised of the following information relating to dealing in securities by the company secretary of Vukile:

Name of company secretary:                                        J Neethling
Date of transaction:                                              6 July 2017
Class of securities:                                              Ordinary shares
Number of securities:                                             24 127
Price per security:                                               R18.80
Total value of transaction:                                       R453 587.60
Nature of transaction:                                            On-market sale
Nature and extent of company secretary’s interest:                Direct beneficial
Clearance to deal received:                                       Yes

7 July 2017


JSE sponsor                                                       NSX sponsor
Java Capital                                                      IJG Securities (Pty) Ltd

Date: 07/07/2017 05:32:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story