To view the PDF file, sign up for a MySharenet subscription.

EPP N.V. - Dealings in securities by an associate of directors of the company

Release Date: 04/02/2019 17:30
Code(s): EPP     PDF:  
Wrap Text
Dealings in securities by an associate of directors of the company

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" or "the company")


DEALINGS IN SECURITIES BY AN ASSOCIATE OF DIRECTORS OF THE COMPANY


In compliance with paragraph 3.63 of the JSE Listings Requirements, shareholders are advised of the following
information relating to dealings in securities by an associate of directors of EPP:

Name of associate:                            The Big Five International Limited ("Big Five") of which the Boodle
                                              Trust has a 40% equity interest and the Rag Top Trust has a 19% equity
                                              interest
Names of directors and relationship to        Marc Wainer is a beneficiary of the Boodle Trust and Andrew Konig is a
directors:                                    beneficiary of the Rag Top Trust
Transaction date:                             30 January 2019
Class of securities:                          Ordinary shares
Number of securities:                         2 349 386
Price per security:                           R18.20
Total value of transaction:                   R42 758 825.20
Nature of transaction:                        On-market sale
Nature and extent of directors' interest:     Indirect beneficial

Name of associate:                            Big Five of which the Boodle Trust has a 40% equity interest and the Rag
                                              Top Trust has a 19% equity interest
Names of directors and relationship to        Marc Wainer is a beneficiary of the Boodle Trust and Andrew Konig is a
directors:                                    beneficiary of the Rag Top Trust
Transaction date:                             1 February 2019
Class of securities:                          Ordinary shares
Number of securities:                         187 419
Price per security:                           R18.66
Total value of transaction:                   R3 497 238.54
Nature of transaction:                        On-market sale
Nature and extent of directors' interest:     Indirect beneficial

The above transactions form part of the restructuring of Big Five and the indirect holding of EPP shares by the Boodle
Trust and the Rag Top Trust. To complete the restructuring, the Boodle Trust and the Rag Top Trust intend acquiring a
direct holding of 7 000 000 EPP ordinary shares and 3 913 027 EPP ordinary shares respectively from Big Five,
whereafter Big Five would cease to hold any EPP shares and Big Five will be wound up.

The acquisition of EPP shares by Redefine Properties Limited ("Redefine"), announced on SENS on 29 January 2019,
related to the disposal of EPP shares by GPF EPP JV B.V. ("GPF"), announced on SENS on 18 January 2019. This
acquisition by Redefine of EPP shares from GPF was effected independent of the Big Five restructuring and is not related
to the disposal of EPP ordinary shares by Big Five.

4 February 2019


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@epp-poland.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






Date: 04/02/2019 05:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story