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

GRIT REAL ESTATE INCOME GROUP LIMITED - Dealing In Grit Shares

Release Date: 21/12/2017 14:06
Code(s): GTR     PDF:  
Wrap Text
Dealing In Grit Shares

GRIT REAL ESTATE INCOME GROUP LIMITED
(previously known as Mara Delta Property Holdings
Limited)
(Registered by continuation in the Republic of Mauritius)
(Registration number: C128881 C1/GBL)
SEM share code: DEL.N0000
JSE share code: GTR
ISIN: MU0473N00036
(“Grit” or “the Company”)

DEALING IN GRIT SHARES

Freedom Asset Management Limited (“FAM”), the previous asset manager of GRIT, holds various GRIT shares for the
benefit of certain directors of GRIT. The Company and FAM have decided to unwind FAM and to transfer the shares in
GRIT to the relevant directors of GRIT. The relevant directors of GRIT will transfer the shares in GRIT in the same
proportion as currently held through the FAM structure. The below directors dealings relates to the unwinding of the
FAM structure and the transfer of shares to directors.

Accordingly, in compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited (“Listings
Requirements”), the following information is disclosed:

 NAME OF DIRECTOR                                        L P van de Moortele
 NAME OF ASSOCIATE                                       Cuckoos Nest Trust
 RELATIONSHIP OF DIRECTOR TO ASSOCIATE                   Settlor
 COMPANY OF WHICH I AM A DIRECTOR                        Grit Real Estate Income Group Limited
 STATUS: EXECUTIVE/NON-EXECUTIVE                         Executive
 TYPE OF SECURITIES                                      Shares
 CLASS OF SECURITIES                                     Ordinary
 DATE OF TRANSACTION                                     19 December 2017         (1)
                                                         20 December 2017         (2)

 CENTS PER SHARE                                         USD 1,41     (1)
                                                         USD 1,41     (2)

 NUMBER OF SECURITIES TRANSACTED                         42,370 (1)
                                                         42,370 (2)

 TOTAL VALUE OF SECURITIES                               USD 59,741.70      (1)
                                                         USD 59,741.70      (2)

 NATURE OF TRANSACTION                                   Purchase of shares
                                                         (On-market transaction on the SEM)
 NATURE AND EXTENT OF INTEREST IN THE                    Indirect, beneficial
 TRANSACTION


 NAME OF DIRECTOR                                        G Pearson
 NAME OF ASSOCIATE                                       The Pearson Trust
 RELATIONSHIP OF DIRECTOR TO ASSOCIATE                   Settlor
 COMPANY OF WHICH I AM A DIRECTOR                        Delta International Mauritius Limited
 STATUS: EXECUTIVE/NON-EXECUTIVE                         Executive
 TYPE OF SECURITIES                                      Shares
 CLASS OF SECURITIES                                     Ordinary
 DATE OF TRANSACTION                                     15 December 2017         (1)
                                                         18 December 2017         (2)
 CENTS PER SHARE                                         USD 1,35        (1)
                                                         USD 1,35        (2)

 NUMBER OF SECURITIES TRANSACTED                          33,998    (1)
                                                          33,997    (2)

 TOTAL VALUE OF SECURITIES                                USD 45,897.30         (1)
                                                          USD 45,895.95         (2)

 NATURE OF TRANSACTION                                    Purchase of shares
                                                          (On-market transaction on the SEM)
 NATURE AND EXTENT OF INTEREST IN THE                     Indirect, beneficial
 TRANSACTION

All share trades were concluded at the ruling market price at the time of the trade.

Clearance to deal in these shares was obtained in accordance with paragraph 3.66 of the Listings Requirements and
Appendix 6 of the Listing Rules of the Stock Exchange of Mauritius Ltd (“SEM”).

The Company has primary listings on both the Official Market of the SEM and the Main Board of the JSE.

By order of the Board

21 December 2017

JSE sponsor: PSG Capital                         
SEM authorised representative and sponsor: Perigeum Capital

Directors: Sandile Nomvete (chairman), Bronwyn Corbett*, Peter Todd (lead independent), Chandra Gujadhur, Ian
Macleod, Leon van de Moortele*, Matshepo More, Nomzamo Radebe, Catherine McIlraith and Maheshwar Doorgakant#
(*executive director) (#alternate to Mr Gujadhur)
Company secretary: Intercontinental Fund Services Limited
Registered address: c/o Intercontinental Fund Services Limited, Level 5, Alexander House, 35 Cybercity, Ebène
72201, Mauritius
Transfer secretary (South Africa): Computershare Investor Services Proprietary Limited
Registrar and transfer agent (Mauritius): Intercontinental Secretarial Services Limited
JSE sponsor: PSG Capital Proprietary Limited
Sponsoring Broker: Axys Stockbrokering Limited
SEM authorised representative and sponsor: Perigeum Capital Ltd

This notice is issued pursuant to the JSE Listings Requirements, SEM Listing Rule 11.3 and Rule 5(1) of the Securities
(Disclosure Obligations of Reporting Issuers) Rules 2007. The board of directors of the Company accepts full
responsibility for the accuracy of the information contained in this communiqué.

Date: 21/12/2017 02:06:00 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