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GRAND PARADE INVESTMENTS LIMITED - Exercise Of Options By A Director In Terms Of The Grand Parade Share Incentive Trust

Release Date: 19/04/2021 16:45
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Exercise Of Options By A Director In Terms Of The Grand Parade Share Incentive Trust

GRAND PARADE INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1997/003548/06)
Share code: GPL
ISIN: ZAE000119814
(“GPI” or “the Company”)

EXERCISE OF OPTIONS BY A DIRECTOR IN TERMS OF THE GRAND PARADE SHARE
INCENTIVE TRUST


In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following
information regarding the exercise of options is disclosed:

 NAME OF DIRECTOR                                     Mohsin Tajbhai

 COMPANY OF WHICH A DIRECTOR                          Grand Parade Investments Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                      Executive

 TYPE AND CLASS OF SECURITIES                         Options to acquire ordinary shares

 NATURE OF TRANSACTION                                Acquisition of shares in GPI through the
                                                      exercise of options awarded in terms of a share
                                                      incentive scheme
                                                      (Off-market transaction)

 DATE OF EXERCISE OF OPTIONS                          16 April 2021

 OPTION STRIKE PRICE                                  226 cents

 NUMBER OF OPTIONS EXERCISED                          376 106

 TOTAL RAND VALUE OF OPTIONS                          R 849 999.56
 EXERCISED

 STRIKE DATE OF OPTIONS                               1 November 2020

 PERIOD OF EXERCISE                                   Participants have a 180 day period from the
                                                      strike date during which options can be
                                                      exercised

 NATURE AND EXTENT OF INTEREST IN THE                 Direct, beneficial
 TRANSACTION


Clearance to deal in the securities by the director was obtained in accordance with paragraph 3.66 of
the JSE Limited Listings Requirements.

Cape Town
19 April 2021

Sponsor
PSG Capital

Date: 19-04-2021 04:45:00
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