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FAIRVEST PROPERTY HOLDINGS LIMITED - Dealings In Securities

Release Date: 10/10/2018 16:15
Code(s): FVT     PDF:  
Wrap Text
Dealings In Securities

FAIRVEST PROPERTY HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1998/005011/06)
Share code: FVT, ISIN: ZAE000203808
(Approved as a REIT by the JSE)
(“Fairvest”)

DEALINGS IN SECURITIES

In compliance with the JSE Limited (“JSE”) Listings Requirements, the following information
is disclosed in relation to dealings in Fairvest shares by directors of Fairvest and their
associates.

The shares in question were issued to the applicable director and associate pursuant to them
electing to reinvest the Fairvest final gross dividend of 10.344 cents per share for the six
months ended 30 June 2018, in new Fairvest ordinary shares at a reinvestment price of
R2.13686 per new share. In this regard, shareholders are referred to the announcements
released by Fairvest on the JSE’s Stock Exchange News Service on 4 September 2018, 21
September 2018 and 8 October 2018 relating to the dividend and reinvestment alternative
applicable to all Fairvest shareholders under the company’s dividend reinvestment
programme.

 NAME OF DIRECTOR                                AJ Marcus

 COMPANY OF WHICH A DIRECTOR                     Fairvest Property Holdings Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive

 TYPE OF SECURITIES                              Shares

 CLASS OF SECURITIES                             Ordinary

 DATE OF TRANSACTION                             10 October 2018

 PRICE PER SHARE                                 R2.13686

 NUMBER OF SECURITIES TRANSACTED                 216 502

 TOTAL RAND VALUE OF SECURITIES                  R462 634.46

 NATURE OF TRANSACTION                           Reinvestment of dividend in terms of
                                                 reinvestment alternative (off-market
                                                 transaction)

 NAME OF ASSOCIATE                               The Marcus Family Trust

 RELATIONSHIP WITH DIRECTOR                      The director is a trustee of the associate

 NATURE AND EXTENT OF DIRECTOR’S                 Indirect, beneficial
 INTEREST IN THE TRANSACTION
 CLEARANCE OBTAINED                              Not required
 
 

 NAME OF DIRECTOR                                TJ Cohen

 COMPANY OF WHICH A DIRECTOR                     Fairvest Property Holdings Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                 Independent non-executive

 TYPE OF SECURITIES                              Shares

 CLASS OF SECURITIES                             Ordinary

 DATE OF TRANSACTION                             10 October 2018

 PRICE PER SHARE                                 R2.13686

 NUMBER OF SECURITIES TRANSACTED                 5 068

 TOTAL RAND VALUE OF SECURITIES                  R10 829.61

 NATURE OF TRANSACTION                           Reinvestment of dividend in terms of
                                                 reinvestment alternative (off-market
                                                 transaction)

 NATURE AND EXTENT OF DIRECTOR’S                 Direct, beneficial
 INTEREST IN THE TRANSACTION
 
 CLEARANCE OBTAINED                              Yes


10 October 2018
Cape Town

Sponsor
PSG Capital

Date: 10/10/2018 04:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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