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ACUCAP PROPERTIES LIMITED - Director's dealings

Release Date: 27/02/2015 17:00
Code(s): ACP     PDF:  
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Director's dealings

Acucap Properties Limited
Incorporated in the Republic of South Africa
Registration number 2001/021725/06
Share code: ACP
ISIN: ZAE000188660
Approved as a REIT by the JSE
(“Acucap” or “the Company”)


DIRECTORS’ DEALINGS
In compliance with paragraph 3.63 to 3.66 of the JSE Listings Requirements, shareholders are hereby
advised of the following dealings in Acucap shares:
1. Dealings in securities by a director of Acucap

 Name of director:                                  BS Kantor

 Company:                                           Acucap

 Type of director:                                  Independent Non-executive Chairman of Acucap

 Date of disposal of the Acucap securities:         25 February 2015

 Nature of transaction:                             On-market disposal

 Number and class of securities disposed:           18 000 ordinary shares


 High price:                                        R56.90

 Low price:                                         R56.66

 Volume weighted average price:                     R56.66

 Total value:                                       R1 019 964.60

 Nature of interest:                                Direct beneficial

 Clearance to deal provided:                        Yes

2. Dealings in securities by an associate of a director of Acucap

 Name of director:                                  MS Moloko

 Type of director:                                  Independent non-executive director of Acucap

 Name of associate:                                 CShell 299 (Pty) Ltd

 Nature of relationship:                            Indirect 35% shareholder and director

 Nature of transaction:                             Off-market disposal

 Number and class of securities disposed of:        1 250 000 ordinary shares

 Date of disposal:                                  25 February 2015

 Price per share:                                   R53.30

 Total value:                                       R66 625 000.00

 Nature of interest:                                Indirect beneficial

3. Dealings in securities by a director of a major subsidiary of Acucap

 Name of director:                               GR Jones

 Company:                                        Sycom Property Fund Managers Limited
                                                 (“SPFM”), the statutory manager of Sycom
                                                 Property Fund and a wholly-owned subsidiary of
                                                 Acucap

 Type of director:                               Executive director of SPFM



 Date of disposal of the Acucap securities:      25 February 2015

 Nature of transaction:                          On-market disposal

 Number and class of securities disposed:        68 288 ordinary shares

 High price:                                     R56.80

 Low price:                                      R56.50

 Volume weighted average price:                  R56.59

 Total value:                                    R3 864 383.65

 Nature of interest:                             Direct beneficial

 Clearance to deal provided:                     Yes



 Date of disposal of the Acucap securities:      26 February 2015

 Nature of transaction:                          On-market disposal

 Number and class of securities disposed:        18 595 ordinary shares

 Price per share:                                R56.50

 Total value:                                    R1 050 617.50

 Nature of interest:                             Direct beneficial

 Clearance to deal provided:                     Yes


Cape Town

27 February 2015
Sponsor to Acucap




Questco (Pty) Ltd

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