HYPROP INVESTMENTS LIMITED - Dealing in securities by a director of the company

Release Date: 11/10/2018 14:45
Code(s): HYP
 
Wrap Text
Dealing in securities by 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")


DEALING IN SECURITIES BY A DIRECTOR OF THE COMPANY


Shareholders are advised of the following information relating to dealing in securities by a director of Hyprop,
pursuant to the vesting of shares under the Hyprop Conditional Unit Plan ("the Plan"), the vesting of which was
subject to the achievement of certain performance criteria as provided for in the Plan:

Name of director:                           Pieter Prinsloo
Transaction date:                           8 October 2018
Class of securities:                        Ordinary shares
Number of securities:                       11 846
Price per security:                         R88.00
Total value of transaction:                 R1 042 448.00
Nature of transaction:                      Off-market vesting of shares under the Plan
Nature and extent of director's interest:   Direct beneficial
Clearance to deal received:                 Vesting of shares occurs automatically, following the fulfilment of
                                            performance conditions, in terms of the plan and no clearance is
                                            sought or received

11 October 2018


Sponsor
Java Capital

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