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Dealings in securities by executive directors and the company secretary 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 EXECUTIVE DIRECTORS AND THE COMPANY SECRETARY OF THE COMPANY
Award of Hyprop shares
Shareholders and noteholders ("Security holders") are advised of the following information relating to the award and
acceptance of conditional shares awarded under the Hyprop Long-term Incentive Plan (the "Plan") by executive directors
and the company secretary of the Company. The awards will vest in two tranches on the third and fourth anniversaries of
the award date, subject to the fulfilment of performance and employment conditions:
Name of director: Morne Wilken
Transaction date: 10 November 2025
Class of securities: Ordinary shares
Number of ordinary shares awarded: 189 508
Total deemed value of transaction: R9 113 561.01, being the total deemed value calculated
using the 30-day volume weighted average price per share
as at 31 October 2025 of R48.09064 (the "30-day
VWAP")
Nature of transaction: Off-market acceptance of conditional shares awarded in
terms of the Plan
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Brett Till
Transaction date: 10 November 2025
Class of securities: Ordinary shares
Number of ordinary shares awarded: 112 849
Total deemed value of transaction: R5 426 980.63, being the total deemed value calculated
using the 30-day VWAP
Nature of transaction: Off-market acceptance of conditional shares awarded in
terms of the Plan
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Wilhelm Nauta
Transaction date: 10 November 2025
Class of securities: Ordinary shares
Number of ordinary shares awarded: 89 594
Total deemed value of transaction: R4 308 632.80, being the total deemed value calculated
using the 30-day VWAP
Nature of transaction: Off-market acceptance of conditional shares awarded in
terms of the Plan
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Name of company secretary: Fundiswa Nkosi
Transaction date: 10 November 2025
Class of securities: Ordinary shares
Number of ordinary shares awarded: 7 755
Total deemed value of transaction: R372 942.91, being the total deemed value calculated using
the 30-day VWAP
Nature of transaction: Off-market acceptance of conditional shares awarded in
terms of the Plan
Nature and extent of company secretary's interest: Direct beneficial
Clearance to deal received: Yes
Security holders are further advised of the following information relating to the award and acceptance of restricted shares
by the executive directors pursuant to the provisions of the Short Term Incentive Plan ("STI") whereby 30% of the 2025
STI is deferred in accordance with the Plan. The awards will vest in tranches of one third each on the anniversary of the
award date, subject to the employment conditions:
Name of director: Morne Wilken
Transaction date: 10 November 2025
Class of securities: Ordinary shares
Number of ordinary shares awarded: 24 865
Total deemed value of transaction: R1 195 773.76, being the total deemed value calculated
using the 30-day VWAP
Nature of transaction: Off-market acceptance of restricted shares awarded in
terms of the Plan
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Brett Till
Transaction date: 10 November 2025
Class of securities: Ordinary shares
Number of ordinary shares awarded: 18 117
Total deemed value of transaction: R871 258.12, being the total deemed value calculated using
the 30-day VWAP
Nature of transaction: Off-market acceptance of restricted shares awarded in
terms of the Plan
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Wilhelm Nauta
Transaction date: 10 November 2025
Class of securities: Ordinary shares
Number of ordinary shares awarded: 9 524
Total deemed value of transaction: R458 015.26, being the total deemed value calculated using
the 30-day VWAP
Nature of transaction: Off-market acceptance of restricted shares awarded in
terms of the Plan
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Vesting of Hyprop shares
Security holders are referred to the announcement published on 26 November 2021 and are advised of the following
information relating to the vesting of the second and final tranche of performance shares offered under the Hyprop
Conditional Unit Plan ("CUP") which have been committed towards the fulfilment of the directors' obligations under the
minimum shareholding requirement ("MSR") policy:
Name of director: Morne Wilken
Transaction date: 7 November 2025
Class of securities: Ordinary shares
Number of securities: 13 847
Price per security: R46.14 (closing price on 8 October 2025)
Total value of transaction: R638 900.58
Nature of transaction: Off-market acceptance of shares vested in terms of the CUP
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Brett Till
Transaction date: 7 November 2025
Class of securities: Ordinary shares
Number of securities: 7 584
Price per security: R46.14 (closing price on 8 October 2025)
Total value of transaction: R349 925.76
Nature of transaction: Off-market acceptance of shares vested in terms of the CUP
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Wilhelm Nauta
Transaction date: 7 November 2025
Class of securities: Ordinary shares
Number of securities: 7 227
Price per security: R46.14 (closing price on 8 October 2025)
Total value of transaction: R333 453.78
Nature of transaction: Off-market acceptance of shares vested in terms of the CUP
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Security holders are referred to the announcement published on 3 November 2022 relating to the award and acceptance of
conditional shares awarded under the Plan and are advised of the following information relating to the vesting of the first
of two tranches of conditional shares offered under the Plan which have been committed by the executive directors towards
the fulfilment of their obligations under the MSR policy:
Name of director: Morne Wilken
Transaction date: 7 November 2025
Class of securities: Ordinary shares
Number of securities: 36 729
Price per security: R51.33 (closing price on 31 October 2025)
Total value of transaction: R1 885 299.57
Nature of transaction: Off-market acceptance of conditional shares vested in
terms of the Plan
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Brett Till
Transaction date: 7 November 2025
Class of securities: Ordinary shares
Number of securities: 18 747
Price per security: R51.33 (closing price on 31 October 2025)
Total value of transaction: R962 283.51
Nature of transaction: Off-market acceptance of conditional shares vested in
terms of the Plan
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Wilhelm Nauta
Transaction date: 7 November 2025
Class of securities: Ordinary shares
Number of securities: 15 266
Price per security: R51.33 (closing price on 31 October 2025)
Total value of transaction: R783 603.78
Nature of transaction: Off-market acceptance of conditional shares vested in
terms of the Plan
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Name of company secretary: Fundiswa Nkosi
Transaction date: 7 November 2025
Class of securities: Ordinary shares
Number of securities: 1 554
Price per security: R51.33 (closing price on 31 October 2025)
Total value of transaction: R79 766.82
Nature of transaction: Off-market acceptance of conditional shares vested in
terms of the Plan
Nature and extent of company secretary's interest: Direct beneficial
Clearance to deal received: Yes
Security holders are referred to the announcement published on 3 November 2022 relating to the award and acceptance of
restricted shares pursuant to the provisions of the STI whereby 30% of the 2022 STI was deferred in the form of restricted
shares under the Plan and are advised of the following information relating to the vesting of the last of three tranches of
restricted shares offered under the Plan which have been committed towards the fulfilment of the directors' obligations
under the MSR policy:
Name of director: Morne Wilken
Transaction date: 7 November 2025
Class of securities: Ordinary shares
Number of securities: 15 934
Price per security: R51.33 (closing price on 31 October 2025)
Total value of transaction: R817 892.22
Nature of transaction: Off-market acceptance of restricted shares vested in terms
of the Plan
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Brett Till
Transaction date: 7 November 2025
Class of securities: Ordinary shares
Number of securities: 8 847
Price per security: R51.33 (closing price on 31 October 2025)
Total value of transaction: R454 116.51
Nature of transaction: Off-market acceptance of restricted shares vested in terms
of the Plan
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Wilhelm Nauta
Transaction date: 7 November 2025
Class of securities: Ordinary shares
Number of securities: 7 100
Price per security: R51.33 (closing price on 31 October 2025)
Total value of transaction: R364 443.00
Nature of transaction: Off-market acceptance of restricted shares vested in terms
of the Plan
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Security holders are referred to the announcement published on 11 December 2024 relating to the award and acceptance of
restricted shares pursuant to the provisions of the STI whereby 30% of the 2024 STI was deferred in the form of restricted
shares under the Plan and are advised of the following information relating to the vesting of the first of three tranches of
restricted shares offered under the Plan which have been committed towards the fulfillment of the directors' obligations
under the MSR policy:
Name of director: Morne Wilken
Transaction date: 7 November 2025
Class of securities: Ordinary shares
Number of securities: 11 270
Price per security: R51.33 (closing price on 31 October 2025)
Total value of transaction: R578 489.10
Nature of transaction: Off-market acceptance of restricted shares vested in terms
of the Plan
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Brett Till
Transaction date: 7 November 2025
Class of securities: Ordinary shares
Number of securities: 6 697
Price per security: R51.33 (closing price on 31 October 2025)
Total value of transaction: R343 757.01
Nature of transaction: Off-market acceptance of restricted shares vested in terms
of the Plan
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Wilhelm Nauta
Transaction date: 7 November 2025
Class of securities: Ordinary shares
Number of securities: 5 122
Price per security: R51.33 (closing price on 31 October 2025)
Total value of transaction: R262 912.26
Nature of transaction: Off-market acceptance of restricted shares vested in terms
of the Plan
Nature and extent of director's interest: Direct beneficial
Clearance to deal received: Yes
11 November 2025
Sponsor
Java Capital
Debt sponsor
The Standard Bank of South Africa Limited
Date: 11-11-2025 02:45:00
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