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HYPROP INVESTMENTS LIMITED - Dealings in securities by directors of Hyprop

Release Date: 30/06/2020 17:15
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:                           30 June 2020
Award commencement date:                    1 July 2020
Class of securities:                        Ordinary shares
Number of securities:                       117 625
Price per security:                         RNil
Total deemed value of transaction:          R2 437 752.25 being the total deemed value calculated using a volume
                                            weighted average price of R20,72478 per share over the 30 days prior
                                            to 22 June 2020, being the last practical date prior to which the offer
                                            was made and accepted
Vesting date:                               70% on 30 June 2023, subject to performance conditions; and the balance
                                            on 30 June 2025
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:                           30 June 2020
Award commencement date:                    1 July 2020
Class of securities:                        Ordinary shares
Number of securities:                       62 824
Price per security:                         RNil
Total deemed value of transaction:          R1 302 013.58 being the total deemed value calculated using a volume
                                            weighted average price of R20,72478 per share over the 30 days prior
                                            to 22 June 2020, being the last practical date prior to which the offer
                                            was made and accepted
Vesting date:                               70% on 30 June 2023, subject to performance conditions; and the balance
                                            on 30 June 2025
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:                           Abraham W Nauta
Transaction date:                           30 June 2020
Award commencement date:                    1 July 2020
Class of securities:                        Ordinary shares
Number of securities:                       59 865
Price per security:                         RNil
Total deemed value of transaction:          R1 240 688.95 being the total deemed value calculated using a volume
                                            weighted average price of R20,72478 per share over the 30 days prior
                                            to 22 June 2020, being the last practical date prior to which the offer
                                            was made and accepted
Vesting date:                               70% on 30 June 2023, subject to performance conditions; and the balance
                                            on 30 June 2025
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

30 June 2019


Sponsor
Java Capital

Date: 30-06-2020 05:15:00
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