To view the PDF file, sign up for a MySharenet subscription.

COLLINS PROPERTY GROUP LIMITED - Dealings In Securities by Associates of a Director

Release Date: 28/03/2025 15:15
Code(s): CPP     PDF:  
Wrap Text
Dealings In Securities by Associates of a Director

Collins Property Group Limited
(Registration number: 1970/009054/06)
Incorporated in the Republic of South Africa
JSE Share code: CPP ISIN: ZAE000152658
(Approved as a REIT by the JSE)
("Collins" or "the Company")


DEALINGS IN SECURITIES BY ASSOCIATES OF A DIRECTOR


Shareholders are referred to the announcement dated 4 March 2025 setting out details of a restructure of Dr CH Wiese's
interests in Collins, which restructure involved the transfer of Collins shares between associates of Dr Wiese ("the
Restructure") but no change to the ultimate beneficial ownership of the Collins shares that are the subject of the
Restructure ("the Restructure Shares") (the ultimate shareholder being the Christo Wiese Family Trust). Shareholders
are advised that JD Wiese is an alternate director for CH Wiese and also a beneficiary and trustee of the Christo Wiese
Family Trust.

Accordingly, the following information is disclosed as it pertains to JD Wiese in compliance with paragraphs 3.63 to 3.74
of the Listings Requirements of the JSE Limited,

1. Name of director:                 JD Wiese
   Type of director:                 Non-executive director (alternate to CH Wiese)
   Name of associate:                Titan Fincap Solutions (RF) (Pty) Ltd ("the Purchaser")
                                     JD Wiese is a director of Titan Group Investments (RF) (Pty) Ltd who is the
                                     ultimate holding company of Titan Fincap Solutions (RF) (Pty) Ltd
    Nature of transaction:           Purchase (off market)
    Class of security:               Collins ordinary shares
    Nature of interest:              Indirect beneficial
    Clearance to deal obtained:      Yes

    Date of transaction:             28 May 2024
    Price per share:                 R8.60
    Number of shares:                101,040,303
    Total value:                     R868,946,605.80


2. Name of director:                 JD Wiese
   Type of director:                 Non-executive director (alternate to CH Wiese)
   Name of associate:                Granadino Investments (Pty) Ltd
                                     JD Wiese is a director of Granadino Investments (Pty) Ltd
   Nature of transaction:            Sale (off market)
   Class of security:                Collins ordinary shares
   Nature of interest:               Indirect beneficial
   Clearance to deal obtained:       Yes

   Date of transaction:              28 May 2024
   Price per share:                  R8.60
   Number of shares:                 100,409,386
   Total value:                      R863,520,719.60

3. Name of director:                 JD Wiese
   Type of director:                 Non-executive director (alternate to CH Wiese)
   Name of associate:                Titan Premier Investments (Pty) Ltd
                                     JD Wiese is a director of Titan Premier Investments (Pty) Ltd
   Nature of transaction:            Sale (off market)
   Class of security:                Collins ordinary shares
   Nature of interest:               Indirect beneficial
   Clearance to deal obtained:       Yes

   Date of transaction:              28 May 2024
   Price per share:                  R8.60
   Number of shares:                 630,917
   Total value:                      R5,425,886.20


As part of the Restructure, the sellers mentioned in points 2 and 3 above procured that a portion of the Restructure
Shares were released from pre-existing pledge arrangements in order to facilitate their transfer to the Purchaser. The
Purchaser re-pledged such Restructure Shares in favour of Titan's financing partners (the "Financiers") under existing
financing arrangements ("the Pledge"). These Restructure Shares were originally pledged to the Financiers in terms of
financing arrangements that have been in place since 2018. The terms of the Pledge are as follows:

Cedent:                                 Titan Fincap Solutions (RF) Pty Ltd
Number of Collins shares pledged:       100,051,799
Closing price on the date of pledge:    R9.00
Total value of shares pledged:          R900,466,191
Date of pledge:                         27 June 2024
Nature of financial obligation:         Preference Share, Revolving Credit Facility and a General Banking Facility
Term:                                   From the date of pledge until the secured obligations under the agreement in
                                        respect of the financial obligation have been discharged.


28 March 2025
Cape Town


Sponsor to Collins
Questco Corporate Advisory (Pty) Ltd

Date: 28-03-2025 03:15:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.