HYPROP INVESTMENTS LIMITED - Dealings in securities by associates of a director of the company

Dealings in securities by associates of a director of the company

HYPROP INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/005284/06)
JSE share code: HYP ISIN: ZAE000190724
JSE bond issuer code: HYPI
(Approved as a REIT by the JSE)
(“Hyprop” or “the company”)


DEALINGS IN SECURITIES BY ASSOCIATES OF A DIRECTOR OF THE COMPANY


Shareholders are advised of the following information relating to dealings in securities by associates of a director
of Hyprop:

Name of associate:                                Ellerine Group Proprietary Limited (“Ellerine Group”)
Name of director and relationship to director:    Kevin Ellerine, who is a director and shareholder of
                                                  Ellerine Group
Transaction date:                                 30 September 2020
Class of securities:                              Hyprop ordinary shares
Number of securities:                             378 000
Price per security:                               R15.05
Total value of transaction:                       R5 688 900.00
Nature of transaction:                            On-market sale
Nature and extent of director’s interest:         Indirect beneficial
Clearance to deal received:                       Yes

Name of associate:                                Ellerine Group Investments Proprietary Limited (“Ellerine
                                                  Investments”) a wholly owned subsidiary of Ellerine Group
Name of director and relationship to director:    Kevin Ellerine, who is a director of Ellerine Investments
Transaction date:                                 2 October 2020
Class of securities:                              Hyprop ordinary shares
Nature of transaction:                            Off-market derivative trades as follows:
                                                  - Long Call on 2 000 000 Hyprop ordinary shares at a
                                                    strike price of R15.05;
                                                  - Short Call on 500 000 Hyprop ordinary shares at a strike
                                                    price of R17.31; and
                                                  - Short Put on 1 500 000 Hyprop ordinary shares at a
                                                    strike price of R6.52,
                                                  expiring in equal tranches on: 10 September 2024;
                                                  17 September 2024; 24 September 2024; 1 October 2024;
                                                  8 October 2024 and 15 October 2024
Nature and extent of director’s interest:         Indirect beneficial
Clearance to deal received:                       Yes

2 October 2020


Sponsor
Java Capital

Date: 02-10-2020 04:25:00
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