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HYPROP INVESTMENTS LIMITED - Dealings in securities by directors of Hyprop

Release Date: 27/12/2018 09:30
Code(s): HYP     PDF:  
Wrap Text
Dealings in securities by directors of Hyprop

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")


DEALINGS IN SECURITIES BY DIRECTORS OF HYPROP


Shareholders are advised of the following information relating to the award and acceptance of shares offered
under the Hyprop Conditional Unit Plan ("the plan"):

Name of director:                     Morne C Wilken
Transaction date:                     27 December 2018
Award Date:                           1 January 2019
Class of securities:                  Ordinary shares
Number of securities:                 37 190
Price per security:                   RNil
Total deemed value of transaction:    R 3 301 261.84, being the total deemed value calculated using a
                                      volume weighted average price of R88.76746 per share over the
                                      30 days prior to 20 December 2018, being the last practical date
                                      prior to which the offer was made and accepted
Vesting dates:                        70% on 31 December 2021, subject to performance conditions; and the
                                      balance on 31 December 2023
Nature of transaction:                Off-market acceptance of the shares offered in terms of the plan
Nature and extent of directors'
interest:                             Direct beneficial
Clearance to deal received:           Yes

Name of director:                     Brett C Till
Transaction date:                     27 December 2018
Award Date:                           1 January 2019
Class of securities:                  Ordinary shares
Number of securities:                 18 926
Price per security:                   RNil
Total deemed value of transaction:    R 1 680 012.95, being the total deemed value calculated using a
                                      volume weighted average price of R88.76746 per share over the
                                      30 days prior to 20 December 2018, being the last practical date
                                      prior to which the offer was made and accepted
Vesting dates:                        70% on 31 December 2021, subject to performance conditions; and the
                                      balance on 31 December 2023
Nature of transaction:                Off-market acceptance of the shares offered in terms of the plan
Nature and extent of directors'
interest:                             Direct beneficial
Clearance to deal received:           Yes

27 December 2018

Sponsor
Java Capital

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