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FAIRVEST PROPERTY HOLDINGS LIMITED - Dealings In Securities

Release Date: 11/04/2018 16:30
Code(s): FVT     PDF:  
Wrap Text
Dealings In Securities

FAIRVEST PROPERTY HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1998/005011/06)
Share code: FVT, ISIN: ZAE000203808
(Approved as a REIT by the JSE)
(“Fairvest”)

                                        DEALINGS IN SECURITIES


In compliance with the JSE Limited (“JSE”) Listings Requirements, the following information is disclosed in
relation to dealings in Fairvest shares by directors of Fairvest and their associates.

The shares in question were issued to the parties in question pursuant to them electing to reinvest the
Fairvest interim dividend of 9.806 cents per share for the six months ended 31 December 2017, in new
Fairvest ordinary shares at a reinvestment price of R2.08524 per new share. In this regard, shareholders
are referred to the announcements released by Fairvest on the JSE’s Stock Exchange News Service on
1 March 2018, 22 March 2018 and 9 April 2018 relating to the dividend and reinvestment alternative
applicable to all Fairvest shareholders under the company’s dividend reinvestment programme.

 NAME OF DIRECTOR                                     BJ Kriel
 COMPANY OF WHICH A DIRECTOR                          Fairvest Property Holdings Limited
 STATUS: EXECUTIVE/NON-EXECUTIVE                      Executive
 TYPE OF SECURITIES                                   Shares
 CLASS OF SECURITIES                                  Ordinary
 DATE OF TRANSACTION                                  11 April 2018
 PRICE PER SHARE                                      R2.08524
 NUMBER OF SECURITIES TRANSACTED                      446 744
 TOTAL RAND VALUE OF SECURITIES                       R931 568.46
 NATURE OF TRANSACTION                                Reinvestment of dividend in terms of
                                                      reinvestment alternative (off-market transaction)
 NAME OF ASSOCIATE                                    RW Boerdery Proprietary Limited
 RELATIONSHIP WITH DIRECTOR                           The director is a director of the associate
 NATURE AND EXTENT OF DIRECTOR’S INTEREST             Indirect, beneficial
 IN THE TRANSACTION
 CLEARANCE OBTAINED                                   Not required


 NAME OF DIRECTOR                                     DM Wilder
 COMPANY OF WHICH A DIRECTOR                          Fairvest Property Holdings Limited
 STATUS: EXECUTIVE/NON-EXECUTIVE                      Executive
 TYPE OF SECURITIES                                   Shares
 CLASS OF SECURITIES                                  Ordinary
 DATE OF TRANSACTION                                  11 April 2018
 PRICE PER SHARE                                      R2.08524
 NUMBER OF SECURITIES TRANSACTED                      261 119
 TOTAL RAND VALUE OF SECURITIES                       R544 495.78
 NATURE OF TRANSACTION                                Reinvestment of dividend in terms of
                                                      reinvestment alternative (off-market transaction)
 NAME OF ASSOCIATE                                    The Wilder Family Trust
 RELATIONSHIP WITH DIRECTOR                           The director is a trustee of the associate
 NATURE AND EXTENT OF DIRECTOR’S INTEREST             Indirect, beneficial
 IN THE TRANSACTION
 CLEARANCE OBTAINED                                   Not required


 NAME OF DIRECTOR                                     AJ Marcus
 COMPANY OF WHICH A DIRECTOR                          Fairvest Property Holdings Limited
 STATUS: EXECUTIVE/NON-EXECUTIVE                      Executive
 TYPE OF SECURITIES                                   Shares
 CLASS OF SECURITIES                                  Ordinary
 DATE OF TRANSACTION                                  11 April 2018
 PRICE PER SHARE                                      R2.08524
 NUMBER OF SECURITIES TRANSACTED                      200 876
 TOTAL RAND VALUE OF SECURITIES                       R418 874.67
 NATURE OF TRANSACTION                                Reinvestment of dividend in terms of
                                                      reinvestment alternative (off-market transaction)
 NAME OF ASSOCIATE                                    The Marcus Family Trust
 RELATIONSHIP WITH DIRECTOR                           The director is a trustee of the associate
 NATURE AND EXTENT OF DIRECTOR’S INTEREST             Indirect, beneficial
 IN THE TRANSACTION
 CLEARANCE OBTAINED                                   Not required


 NAME OF DIRECTOR                                     DM Wilder
 COMPANY OF WHICH A DIRECTOR                          Fairvest Property Holdings Limited
 STATUS: EXECUTIVE/NON-EXECUTIVE                      Executive
 TYPE OF SECURITIES                                   Shares
 CLASS OF SECURITIES                                  Ordinary
 DATE OF TRANSACTION                                  11 April 2018
 PRICE PER SHARE                                      R2.08524
 NUMBER OF SECURITIES TRANSACTED                      9 715
 TOTAL RAND VALUE OF SECURITIES                       R20 258.11
 NATURE OF TRANSACTION                                Reinvestment of dividend in terms of
                                                      reinvestment alternative (off-market transaction)
 NAME OF ASSOCIATE                                    Z Wilder
 RELATIONSHIP WITH DIRECTOR                           Minor child of the director
 NATURE AND EXTENT OF DIRECTOR’S INTEREST             Indirect, beneficial
 IN THE TRANSACTION
 CLEARANCE OBTAINED                                   Not required
 
 NAME OF DIRECTOR                                     DM Wilder
 COMPANY OF WHICH A DIRECTOR                          Fairvest Property Holdings Limited
 STATUS: EXECUTIVE/NON-EXECUTIVE                      Executive
 TYPE OF SECURITIES                                   Shares
 CLASS OF SECURITIES                                  Ordinary
 DATE OF TRANSACTION                                  11 April 2018
 PRICE PER SHARE                                      R2.08524
 NUMBER OF SECURITIES TRANSACTED                      9 715
 TOTAL RAND VALUE OF SECURITIES                       R20 258.11
 NATURE OF TRANSACTION                                Reinvestment of dividend in terms of
                                                      reinvestment alternative (off-market transaction)
 NAME OF ASSOCIATE                                    R Wilder
 RELATIONSHIP WITH DIRECTOR                           Minor child of the director
 NATURE AND EXTENT OF DIRECTOR’S INTEREST             Indirect, beneficial
 IN THE TRANSACTION
 CLEARANCE OBTAINED                                   Not required


 NAME OF DIRECTOR                                     TJ Cohen
 COMPANY OF WHICH A DIRECTOR                          Fairvest Property Holdings Limited
 STATUS: EXECUTIVE/NON-EXECUTIVE                      Independent non-executive
 TYPE OF SECURITIES                                   Shares
 CLASS OF SECURITIES                                  Ordinary
 DATE OF TRANSACTION                                  11 April 2018
 PRICE PER SHARE                                      R2.08524
 NUMBER OF SECURITIES TRANSACTED                      4 702
 TOTAL RAND VALUE OF SECURITIES                       R9 804.80
 NATURE OF TRANSACTION                                Reinvestment of dividend in terms of
                                                      reinvestment alternative (off-market transaction)
 NATURE AND EXTENT OF DIRECTOR’S INTEREST             Direct, beneficial
 IN THE TRANSACTION
 CLEARANCE OBTAINED                                   Yes

11 April 2018
Cape Town

Sponsor
PSG Capital
Date: 11/04/2018 04:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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