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HYPROP INVESTMENTS LIMITED - Dealings in securities by directors of Hyprop

Release Date: 20/06/2019 08:47
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:                           20 June 2019
Award commencement date:                    1 July 2019
Class of securities:                        Ordinary shares
Number of securities:                       48 043
Price per security:                         RNil
Total deemed value of transaction:          R 3 301 200, being the total deemed value calculated using a volume
                                            weighted average price of R 68.7138 per share over the 30 days prior to
                                            20 June 2019, being the last practical date prior to which the offer was
                                            made and accepted
Vesting date:                               70% on 30 June 2022, subject to performance conditions; and the balance
                                            on 30 June 2024
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:                           20 June 2019
Award commencement date:                    1 July 2019
Class of securities:                        Ordinary shares
Number of securities:                       25 183
Price per security:                         RNil
Total deemed value of transaction:          R 1 730 400, being the total deemed value calculated using a volume
                                            weighted average price of R 68.7138 per share over the 30 days prior to
                                            20 June 2019, being the last practical date prior to which the offer was
                                            made and accepted
Vesting date:                               70% on 30 June 2022, subject to performance conditions; and the balance
                                            on 30 June 2024
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:                           20 June 2019
Award commencement date:                    1 July 2019
Class of securities:                        Ordinary shares
Number of securities:                       24 450
Price per security:                         RNil
Total deemed value of transaction:          R 1 680 000, being the total deemed value calculated using a volume
                                            weighted average price of R 68.7138 per share over the 30 days prior to
                                            20 June 2019, being the last practical date prior to which the offer was
                                            made and accepted
Vesting date:                               70% on 30 June 2022, subject to performance conditions; and the balance
                                            on 30 June 2024
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



20 June 2019

Sponsor
Java Capital

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