EMIRA PROPERTY FUND LIMITED - Acceptance by Director of Shares Allocated

Release Date: 14/06/2018 16:10
 
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Acceptance by Director of Shares Allocated

EMIRA PROPERTY FUND LIMITED
Incorporated in the Republic of South Africa
(Registration number 2014/130842/06)
JSE share code: EMI     ISIN: ZAE000203063
(Approved as a REIT by the JSE)
(“Emira” or “the Company”)


ACCEPTANCE BY DIRECTOR OF SHARES ALLOCATED


In compliance with paragraph 3.63 of the Listings Requirements of the JSE Limited, the following
information is disclosed in respect of the acceptance by a director of the Company of shares allocated
in terms of the Emira Matching Share Co-Investment Plan (“Emira Matching Plan”):

Name of director:                         G Jennett

Number and class of shares allocated:     24 000 ordinary shares

Issue price:                              Rnil (Free of charge)

Notional value of transaction (based on   R366 000
an implied price of R15.25 per share,
being the closing price on the date
immediate preceding the date of this
announcement):

Nature and date of transaction:           Off-market acceptance of shares acquired by the
                                          Company in the market, allocated in terms of the Emira
                                          Matching Plan on 13 June 2018, which shares will vest on
                                          27 November 2020 subject to the satisfaction of certain
                                          vesting and performance conditions as set out in the Emira
                                          Matching Plan contained in the Company’s Remuneration
                                          Policy and as approved by shareholders on 27 November
                                          2017.

Type of interest:                         Direct beneficial

Clearance to deal obtained:               Yes


Bryanston
14 June 2018

Sponsor
Questco Corporate Advisory Proprietary Limited

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