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VUKILE PROPERTY FUND LIMITED - Dealings in securities by directors, an associate of a director and by the company secretary of the company

Release Date: 11/06/2018 17:15
Code(s): VKE     PDF:  
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Dealings in securities by directors, an associate of a director 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, AN ASSOCIATE OF A DIRECTOR 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:                                                6 June 2018
 Class of securities:                                                Ordinary shares
 Number of securities:                                               151 428
 Price per security:                                                 R 21.68
 Total value of transaction:                                         R 3 282 959.04
 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:                                                6 June 2018
 Class of securities:                                                Ordinary shares
 Number of securities:                                               68 143
 Price per security:                                                 R 21.68
 Total value of transaction:                                         R 1 477 340.24
 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:                                                6 June 2018
 Class of securities:                                                Ordinary shares
 Number of securities:                                               97 062
 Price per security:                                                 R 21.68
 Total value of transaction:                                         R 2 104 304.16
 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:                                                6 June 2018
 Class of securities:                                                Ordinary shares
 Number of securities:                                               43 678
 Price per security:                                                 R 21.68
 Total value of transaction:                                         R 946 939.04
 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 company secretary's interest:                  Direct beneficial
 Clearance to deal received:                                         Yes

 Name of director:                                                   MJ Potts
 Date of transaction:                                                6 June 2018
 Class of securities:                                                Ordinary shares
 Number of securities:                                               169 800
 Price per security:                                                 R 21.68
 Total value of transaction:                                         R 3 681 264.00
 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:                                                6 June 2018
 Class of securities:                                                Ordinary shares
 Number of securities:                                               76 410
 Price per security:                                                 R 21.68
 Total value of transaction:                                         R 1 656 568.80
 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:                                                6 June 2018
 Class of securities:                                                Ordinary shares
 Number of securities:                                               112 050
 Price per security:                                                 R 21.68
 Total value of transaction:                                         R 2 429 244.00
 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:                                                6 June 2018
 Class of securities:                                                Ordinary shares
 Number of securities:                                               50 423
 Price per security:                                                 R 21.68
 Total value of transaction:                                         R 1 093 170.64
 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 director's interest:                           Direct beneficial
 Clearance to deal received:                                         Yes

 Name of director:                                                   LG Rapp
 Date of transaction:                                                6 June 2018
 Class of securities:                                                Ordinary shares
 Number of securities:                                               340 373
 Price per security:                                                 R 21.68
 Total value of transaction:                                         R 7 379 286.64
 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:                                                6 June 2018
 Class of securities:                                                Ordinary shares
 Number of securities:                                               153 168
 Price per security:                                                 R 21.68
 Total value of transaction:                                         R 3 320 682.24
 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:                                                6 June 2018
 Class of securities:                                                Ordinary shares
 Number of securities:                                               77 147
 Highest traded price per security: *                                R 22.00
 Weighted average price per security:                                R 21.8155
 Lowest traded price per security: *                                 R 21.52
 Total value of transaction:                                         R1 683 000.00
 Vesting date:                                                       31 May 2021
 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:                                                6 June 2018
 Class of securities:                                                Ordinary shares
 Number of securities:                                               78 239
 Highest traded price per security: *                                R 22.00
 Weighted average price per security:                                R 21.8159
 Lowest traded price per security: *                                 R 21.52
 Total value of transaction:                                         R1 706 850.00
 Vesting date:                                                       31 May 2021
 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:                                                6 June 2018
 Class of securities:                                                Ordinary shares
 Number of securities:                                               34 379
 Highest traded price per security: *                                R 22.00
 Weighted average price per security:                                R 21.8156
 Lowest traded price per security: *                                 R 21.52
 Total value of transaction:                                         R 750 000.00
 Vesting date:                                                       31 May 2021
 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 June 2018
 Class of securities:                                                Ordinary shares
 Number of securities:                                               41 915
 Highest traded price per security: *                                R 22.00
 Weighted average price per security:                                R 21.8156
 Lowest traded price per security: *                                 R 21.52
 Total value of transaction:                                         R 914 400.00
 Vesting date:                                                       31 May 2021
 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 June 2018
 Class of securities:                                                 Ordinary shares
 Number of securities:                                                248 628
 Highest traded price per security: *                                 R 22.00
 Weighted average price per security:                                 R 21.8157
 Lowest traded price per security: *                                  R 21.52
 Total value of transaction:                                          R 5 424 000.00
 Vesting date:                                                        31 May 2021
 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 dealings in securities by a director, director's associate and
the company secretary of Vukile:

 Name of company secretary:                                           J Neethling
 Date of transaction:                                                 7 June 2018
 Class of securities:                                                 Ordinary shares
 Number of securities:                                                53 384
 Highest traded price per security: *                                 R 22.45
 Weighted average price per security:                                 R 22.0966
 Lowest traded price per security: *                                  R 21.88
 Total value of transaction:                                          R1 179 604.89
 Nature of transaction:                                               On-market sale
 Nature and extent of company secretary's interest:                   Direct beneficial
 Clearance to deal received:                                          Yes

 Name of director:                                                    LG Rapp
 Date of transaction:                                                 7 June 2018
 Class of securities:                                                 Ordinary shares
 Number of securities:                                                187 205
 Highest traded price per security: *                                 R 22.45
 Weighted average price per security:                                 R 22.0966
 Lowest traded price per security: *                                  R 21.88
 Total value of transaction:                                          R 4 136 594
 Nature of transaction:                                               On-market sale
 Nature and extent of director's interest:                            Direct beneficial
 Clearance to deal received:                                          Yes

 Name of associate:                                                   Imalivest SCI balanced fund
 Name of director and relationship to director                        Anton Botha, who is one of 3 portfolio managers and he and his
                                                                      family own approximately 55% of the units of the fund.
 Date of transaction:                                                 7 June 2018
 Class of securities:                                                 Ordinary shares
 Number of securities:                                                45 404
 Highest traded price per security: *                                 R 22.45
 Weighted average price per security:                                 R 22.0497
 Lowest traded price per security: *                                  R 21.88
 Total value of transaction:                                          R 1 001 144.58
 Nature of transaction:                                               On-market purchase
 Nature and extent of director's interest:                            Direct beneficial
 Clearance to deal received:                                          Yes
* Highest and lowest traded prices per security on the market on the day.

11 June 2018


JSE sponsor                                                        
Java Capital 

 
NSX sponsor
IJG Securities (Pty) Ltd

Date: 11/06/2018 05:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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