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HYPROP INVESTMENTS LIMITED - Dealings in securities by executive directors and the company secretary of the company

Release Date: 11/12/2024 17:00
Code(s): HYP HILB09 HILB16 HILB14 HILB15 HILB17 HILB18 HILB19 HILB20     PDF:  
Wrap Text
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")


DEALINGS IN SECURITIES BY EXECUTIVE DIRECTORS AND THE COMPANY SECRETARY OF THE COMPANY


Vesting of Hyprop shares

Shareholders and noteholders ("security holders") are referred to the announcement published on 26 November 2021
relating to the award and acceptance of performance shares under the Hyprop Conditional Unit Plan ("the CUP Plan")
and are advised of the following information relating to the vesting of the first of two tranches of performance shares
offered under the CUP Plan which has been committed towards the fulfilment of directors obligation under the minimum
shareholding requirement (MSR) policy:

Name of director:                                    Morne Wilken
Vesting date:                                        10 December 2024
Class of securities:                                 Ordinary shares
Number of securities:                                28 279
Price per security:                                  R41.46 (closing price on 9 October 2024)
Total value of transaction:                          R1 172 447.34
Nature of transaction:                               Off-market acceptance of the shares vested in terms of the CUP
                                                     Plan
Nature and extent of director's interest:            Direct beneficial
Clearance to deal received:                          Yes

Name of director:                                    Brett Till
Vesting date:                                        10 December 2024
Class of securities:                                 Ordinary shares
Number of securities:                                15 487
Price per security:                                  R41.46 (closing price on 9 October 2024)
Total value of transaction:                          R642 091.02
Nature of transaction:                               Off-market acceptance of the shares vested in terms of the CUP
                                                     Plan
Nature and extent of director's interest:            Direct beneficial
Clearance to deal received:                          Yes

Name of director:                                    Wilhelm Nauta
Vesting date:                                        10 December 2024
Class of securities:                                 Ordinary shares
Number of securities:                                14 757
Price per security:                                  R41.46 (closing price on 9 October 2024)
Total value of transaction:                          R611 825.22
Nature of transaction:                               Off-market acceptance of the shares vested in terms of the CUP
                                                     Plan
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 restricted shares pursuant to the provisions of the Short-Term Incentive Scheme ("STI") whereby 30% of the 2022
STI is deferred in the form of restricted shares under the Hyprop Long-Term Incentive Plan ("the Plan") and are advised
of the following information relating to the vesting of the second of three tranches of restricted shares offered under the
Plan which has been committed towards the fulfilment of directors obligation under the minimum shareholding
requirement (MSR) policy:

Name of director:                                    Morne Wilken
Vesting date:                                        10 December 2024
Class of securities:                                 Ordinary shares
Number of securities:                                15 933
Price per security:                                  R41.74 (closing price on 31 October 2024)
Total value of transaction:                          R665 043.42
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

Name of director:                                    Brett Till
Vesting date:                                        10 December 2024
Class of securities:                                 Ordinary shares
Number of securities:                                8 846
Price per security:                                  R41.74 (closing price on 31 October 2024)
Total value of transaction:                          R369 232.04
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

Name of director:                                    Wilhelm Nauta
Vesting date:                                        10 December 2024
Class of securities:                                 Ordinary shares
Number of securities:                                7 099
Price per security:                                  R41.74 (closing price on 31 October 2024)
Total value of transaction:                          R296 312.26
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

Security holders are referred to the announcement published on 5 December 2023 relating to the award and acceptance
of restricted shares pursuant to the provisions of the Short-Term Incentive Scheme ("STI") whereby 30% of the 2023
STI is deferred in the form of restricted shares in accordance with the Plan are advised of the following information
relating to the vesting of the first of three tranches of restricted shares offered under the Plan which has been committed
towards the fulfillment of directors obligation under the MSR policy:

Name of director:                                    Morne Wilken
Vesting date:                                        10 December 2024
Class of securities:                                 Ordinary shares
Number of securities:                                17 997
Price per security:                                  R44.69 (closing price on 29 November 2024)
Total value of transaction:                          R804 285.93
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

Name of director:                                    Brett Till
Vesting date:                                        10 December 2024
Class of securities:                                 Ordinary shares
Number of securities:                                12 012
Price per security:                                  R44.69 (closing price on 29 November 2024)
Total value of transaction:                          R536 816.28
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

Name of director:                                    Wilhelm Nauta
Vesting date:                                        10 December 2024
Class of securities:                                 Ordinary shares
Number of securities:                                8 373
Price per security:                                  R44.69 (closing price on 29 November 2024)
Total value of transaction:                          R374 189.37
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

Award of Hyprop shares

Security holders are further advised of the following information relating to the award and acceptance of conditional
shares awarded under the Plan by executive directors and the company secretary of the Company. The awards will vest
in two equal 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 December 2024
Class of securities:                                 Ordinary shares
Number of ordinary shares awarded:                   131 868
Total deemed value of transaction:                   R5 786 367.84, being the total deemed value calculated using the
                                                     30-day volume weighted average price per share as at
                                                     31 October 2024 (the "30-day VWAP") of R43.88
Nature of transaction:                               Off-market acceptance of conditional shares awarded in terms of
                                                     the LTIP
Nature and extent of director's interest:            Direct beneficial
Clearance to deal received:                          Yes

Name of director:                                    Brett Till
Transaction date:                                    10 December 2024
Class of securities:                                 Ordinary shares
Number of ordinary shares awarded:                   67 308
Total deemed value of transaction:                   R2 953 475.04, the total deemed value calculated using the 30-day
                                                     VWAP of R43.88
Nature of transaction:                               Off-market acceptance of conditional shares awarded in terms of
                                                     the LTIP
Nature and extent of director's interest:            Direct beneficial
Clearance to deal received:                          Yes

Name of director:                                    Wilhelm Nauta
Transaction date:                                    10 December 2024
Class of securities:                                 Ordinary shares
Number of ordinary shares awarded:                   54 550
Total deemed value of transaction:                   R2 393 654, being the total deemed value calculated using the 30-
                                                     day VWAP of R43.88
Nature of transaction:                               Off-market acceptance of conditional shares awarded in terms of
                                                     the LTIP
Nature and extent of director's interest:            Direct beneficial
Clearance to deal received:                          Yes

Name of company secretary:                           Fundiswa Nkosi
Transaction date:                                    11 December 2024
Class of securities:                                 Ordinary shares
Number of ordinary shares awarded:                   8 094
Total deemed value of transaction:                   R355 164.72, being the total deemed value calculated using the 30-
                                                     day VWAP of R43.88
Nature of transaction:                               Off-market acceptance of conditional shares awarded in terms of
                                                     the LTIP
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 pursuant to the provisions of the STI whereby 30% of the 2024 STI is deferred in the form of restricted shares in
accordance with the Plan. The awards will vest in tranches of one third each on the anniversary of the award date over
three years, subject to the employment conditions.

Name of director:                                    Morne Wilken
Transaction date:                                    10 December 2024
Class of securities:                                 Ordinary shares
Number of ordinary shares awarded:                   33 810
Total deemed value of transaction:                   R1 483 582.80, being the total deemed value calculated using the
                                                     30-day VWAP of R43.88
Nature of transaction:                               Off-market acceptance of restricted shares awarded in terms of the
                                                     LTIP
Nature and extent of director's interest:            Direct beneficial
Clearance to deal received:                          Yes

Name of director:                                    Brett Till
Transaction date:                                    10 December 2024
Class of securities:                                 Ordinary shares
Number of ordinary shares awarded:                   20 092
Total deemed value of transaction:                   R881 636.96, being the total deemed value calculated using the 30-
                                                     day VWAP of R43.88
Nature of transaction:                               Off-market acceptance of restricted shares awarded in terms of the
                                                     LTIP
Nature and extent of director's interest:            Direct beneficial
Clearance to deal received:                          Yes

Name of director:                                    Wilhelm Nauta
Transaction date:                                    10 December 2024
Class of securities:                                 Ordinary shares
Number of ordinary shares awarded:                   15 365
Total deemed value of transaction:                   R674 216.20, being the total deemed value calculated using the 30-
                                                     day VWAP of R43.88
Nature of transaction:                               Off-market acceptance of restricted shares awarded in terms of the
                                                     LTIP
Nature and extent of director's interest:            Direct beneficial
Clearance to deal received:                          Yes

11 December 2024


Sponsor
Java Capital

Date: 11-12-2024 05:00:00
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