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

Release Date: 09/05/2019 09:30
Code(s): HYP     PDF:  
Wrap Text
Dealings in securities by an associate 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
(Approved as a REIT by the JSE)
("Hyprop" or "the company")


DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF THE COMPANY


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

Name of associate:                             Homestead Group Holdings Limited ("Homestead")
Name of director and relationship to director: Louis Norval, who is a director of Homestead which is 100%
                                               owned by Mountain Trust of which Louis Norval is a
                                               discretionary beneficiary
Transaction date:                              3 May 2019
Class of securities:                           Ordinary shares
Number of securities:                          382 805
Price per security:                            R70.00
Total value of transaction:                    R26 796 350.00
Nature of transaction:                         On-market sale
Nature and extent of director’s interest:      Indirect beneficial

Name of associate:                             Homestead
Name of director and relationship to director: Louis Norval, who is a director of Homestead which is 100%
                                               owned by Mountain Trust of which Louis Norval is a
                                               discretionary beneficiary
Transaction date:                              6 May 2019
Class of securities:                           Ordinary shares
Number of securities:                          578 170
Highest traded price per security:*            R70.87
Weighted average price per security:           R70.00017
Lowest traded price per security:*             R68.50
Total value of transaction:                    R40 471 998.15
Nature of transaction:                         On-market sale
Nature and extent of director’s interest:      Indirect beneficial
* Highest and lowest traded prices on the market on the day.

9 May 2019


Sponsor
Java Capital

Date: 09/05/2019 09:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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