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EPP N.V. - Dealings in securities in terms of the EPP Long-Term Incentive Plan

Release Date: 05/07/2018 08:00
Code(s): EPP     PDF:  
Wrap Text
Dealings in securities in terms of the EPP Long-Term Incentive Plan

EPP N.V.
(formerly Echo Polska Properties N.V.)
(Incorporated in The Netherlands)
(Company number 64965945)
JSE share code: EPP
ISIN: NL0011983374
LEI Code: 7245003P7O9N5BN8C098
("EPP")


DEALINGS IN SECURITIES IN TERMS OF THE EPP LONG-TERM INCENTIVE PLAN



Shareholders are advised of the following information relating to the vesting of the second tranche of shares granted to
members of key personnel pursuant to the terms of the EPP Long-term Incentive Plan ("LTI Plan") and for which the
lock-up period ends on the first business day of July 2020. Shareholders are further advised that the 782 000 shares vested
in respect of Dean Hadley will be held in terms of a depository agreement for the duration of the lock-up period. EPP
purchased 1 832 000 shares on-market at a volume weighted average price of R18.64774 per share in order to settle the
second tranche. The shares have been granted to the individuals set out below in their capacity as members of key
personnel of the non-Dutch affiliated of EPP.

Name:                                      Hadley Dean (the Chief Executive Officer)
Transaction date:                          2 July 2018
Class of securities:                       Ordinary shares
Number of securities:                      782 000
Price per security:                        R nil
Total value of the transaction:            R14 582 532.68, being the total deemed value calculated using the
                                           volume weighted average price of R18.64774 per share
Nature of transaction:                     Off-market grant, vesting and acceptance of shares under the LTI
                                           Plan
Nature and extent of the interest:         Direct beneficial
Clearance to deal received:                Vesting of shares occurs automatically in terms of the LTI Plan and
                                           no clearance is sought or received

Name:                                      Jacek Baginski (the Chief Financial Officer)
Transaction date:                          2 July 2018
Class of securities:                       Ordinary shares
Number of securities:                      450 000
Price per security:                        R nil
Total value of the transaction:            R8 391 483.00, being the total deemed value calculated using the
                                           volume weighted average price of R18.64774 per share
Nature of transaction:                     Off-market grant, vesting and acceptance of shares under the LTI
                                           Plan
Nature and extent of the interest:         Direct beneficial
Clearance to deal received:                Vesting of shares occurs automatically in terms of the LTI Plan and
                                           no clearance is sought or received

Name:                                      Rafal Kwiatkowski (the Chief Operating Officer)
Transaction date:                          2 July 2018
Class of securities:                       Ordinary shares
Number of securities:                      200 000
Price per security:                        R nil
Total value of the transaction:            R3 729 548.00, being the total deemed value calculated using the
                                           volume weighted average price of R18.64774 per share

Nature of transaction:                     Off-market grant, vesting and acceptance of shares under the LTI
                                           Plan
Nature and extent of the interest:         Direct beneficial
Clearance to deal received:                Vesting of shares occurs automatically in terms of the LTI Plan and
                                           no clearance is sought or received

Name:                                      Michal Swierczynski (the Head of Asset Management)
Transaction date:                          2 July 2018
Class of securities:                       Ordinary shares
Number of securities:                      200 000
Price per security:                        R nil
Total value of the transaction:            R3 729 548.00, being the total deemed value calculated using the
                                           volume weighted average price of R18.64774 per share
Nature of transaction:                     Off-market grant, vesting and acceptance of shares under the LTI
                                           Plan
Nature and extent of the interest:         Direct beneficial
Clearance to deal received:                Vesting of shares occurs automatically in terms of the LTI Plan and
                                           no clearance is sought or received

Name:                                      Wojciech Knawa (the Head of Property Management)
Transaction date:                          2 July 2018
Class of securities:                       Ordinary shares
Number of securities:                      200 000
Price per security:                        R nil
Total value of the transaction:            R3 729 548.00, being the total deemed value calculated using the
                                           volume weighted average price of R18.64774 per share
Nature of transaction:                     Off-market grant, vesting and acceptance of shares under the LTI
                                           Plan
Nature and extent of the interest:         Direct beneficial
Clearance to deal received:                Vesting of shares occurs automatically in terms of the LTI Plan and
                                           no clearance is sought or received

5 July 2018


JSE Sponsor
Java Capital

Luxembourg Stock Exchange Listing Agent
M Partners

For more information:

Curwin Rittles, Investor Relations, EPP
Mobile: +48 885 982 310
Curwin.rittles@echo-pp.com

Magda Cieliczko, Marketing Director, EPP
Mobile: +48 603 203 619
magda.cieliczko@echo-pp.com

Java Capital, JSE Sponsor
Phone: +27 11 722 3050

M Partners, Luxembourg Stock Exchange Listing Agent
Phone: +352 263 868 602

Singular Systems IR
Michèle Mackey / Jacques de Bie
+27 (0)10 003 0700/+27 (0)82 497 9827
michele@singular.co.za; Jdebie@singular.co.za

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