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HYPROP INVESTMENTS LIMITED - Dealings in securities by an associate of a director of the company

Release Date: 25/04/2018 17:38
Code(s): HYP     PDF:  
Wrap Text
Dealings in securities by an associate of a director of the company

HYPROP INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/005284/06)
JSE share code: HYP ISIN: ZAE000190724
(Approved as a REIT by the JSE)
(“Hyprop” or “the company”)


DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF THE COMPANY


Shareholders are advised of the following information relating to dealings in securities by an associate 
of a director of Hyprop:

Name of associate:                               Homestead Group Holdings Ltd (“Homestead”)
Name of director and relationship to director:   Louis Norval, who is a director of Homestead which is
                                                 100% owned by Mountain Trust of which Louis Norval is
                                                 a discretionary beneficiary
Transaction date:                                24 April 2018
Class of securities:                             Ordinary shares
Number of securities:                            51 198
Price per security:                              R113.00
Total value of transaction:                      R5 785 374.00
Nature of transaction:                           On-market sale
Nature and extent of director’s interest:        Indirect beneficial

Name of associate:                               Homestead
Name of director and relationship to director:   Louis Norval, who is a director of Homestead which is
                                                 100% owned by Mountain Trust of which Louis Norval is
                                                 a discretionary beneficiary
Transaction date:                                24 April 2018
Class of securities:                             Ordinary shares
Number of securities:                            947
Price per security:                              R113.01
Total value of transaction:                      R107 020.47
Nature of transaction:                           On-market sale
Nature and extent of director’s interest:        Indirect beneficial

25 April 2018


Sponsor
Java Capital

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