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HYPROP INVESTMENTS LIMITED - Vesting of retention shares and dealings in securities by a director and by an associate of a director

Release Date: 26/10/2023 12:00
Code(s): HYP HILB15 HILB16 HILB11 HILB12 HILB09 HILB14 HILB17 HILB18     PDF:  
Wrap Text
Vesting of retention shares and dealings in securities by a director and by an associate of a director

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")


VESTING OF RETENTION SHARES AND DEALINGS IN SECURITIES BY A DIRECTOR AND BY AN ASSOCIATE OF A DIRECTOR '
OF THE COMPANY


Shareholders are advised of the following information relating to the vesting of Retention shares offered under
the Hyprop Conditional Unit Plan ("the Plan"), the vesting of which occurs five years from the award date
and was accepted by the director on 23 October 2023:

Name of director:                           Wilhelm Nauta
Vesting date:                               21 September 2023
Class of securities:                        Ordinary shares
Number of securities:                       3 004
Price per security:                         R33.36
Total value of transaction:                 R100 213.44
Nature of transaction:                      Off-market acceptance of the shares vested in terms of the Plan
Nature and extent of director's interest:   Direct beneficial
Clearance to deal received:                 Yes

Shareholders are further advised of the following information relating to the transfer of shares by Wilhelm
Nauta to the Kanaan Trust, of which Wilhelm Nauta is a trustee and beneficiary, thereby changing his interest
from direct beneficial to indirect beneficial:

Transaction date:                           25 October 2023
Class of securities:                        Ordinary shares
Number of securities:                       3 004
Price per security:                         R33.36
Total value of transaction:                 R100 213.44
Clearance to deal received:                 Yes

26 October 2023


Sponsor
Java Capital

Date: 26-10-2023 12:00:00
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