VUKILE PROPERTY FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number 2002/027194/06)
JSE share code: VKE NSX share code: VKN
ISIN: ZAE000180865
Bond company code: VKEI (Granted REIT status with the JSE) ("Vukile" or "the company")
DEALINGS IN SECURITIES BY DIRECTORS AND BY THE COMPANY SECRETARY OF THE COMPANY
Shareholders are advised of the following information relating to dealings in securities by directors and the company secretary of Vukile, pursuant to the vesting of shares under Vukile's Conditional Share Plan (the "CSP"):
Name of director: | LG Rapp |
Date of transaction: | 9 June 2022 |
Class of securities: | Ordinary shares |
Number of securities: | 237 967 |
Price per security: | R13.63 |
Total value of transaction: | R3 243 490.21 |
Vesting date: | 9 June 2022 |
Nature of transaction: | Off-market vesting of shares under the CSP |
Nature and extent of director's interest: | Direct beneficial |
Clearance to deal received: | Vesting of shares occurs automatically in terms of |
the CSP and no clearance is sought or received | |
Name of director: | LR Cohen |
Date of transaction: | 9 June 2022 |
Class of securities: | Ordinary shares |
Number of securities: | 93 111 |
Price per security: | R13.63 |
Total value of transaction: | R1 269 102.93 |
Vesting date: | 9 June 2022 |
Nature of transaction: | Off-market vesting of shares under the CSP |
Nature and extent of director's interest: | Direct beneficial |
Clearance to deal received: | Vesting of shares occurs automatically in terms of |
the CSP and no clearance is sought or received | |
Name of director: | IU Mothibeli |
Date of transaction: | 9 June 2022 |
Class of securities: | Ordinary shares |
Number of securities: | 58 879 |
Price per security: | R13.63 |
Total value of transaction: | R802 520.77 |
Vesting date: | 9 June 2022 |
Nature of transaction: | Off-market vesting of shares under the CSP |
Nature and extent of director's interest: | Direct beneficial |
Clearance to deal received: | Vesting of shares occurs automatically in terms of |
the CSP and no clearance is sought or received |
Name of company secretary:
Date of transaction:
Class of securities:
Number of securities:
Price per security:
Total value of transaction:
Vesting date:
Nature of transaction:
Nature and extent of company secretary's interest: Clearance to deal received:
-
Neethling
9 June 2022 Ordinary shares 81 125 R13.63
R1 105 733.75
9 June 2022
Off-market vesting of shares under the CSP Direct beneficial
Vesting of shares occurs automatically in terms of the CSP and no clearance is sought or received
Name of director: | LG Rapp |
Transaction date: | 10 June 2022 |
Class of securities: | Ordinary shares |
Number of securities: | 101 458 |
Highest traded price per security on the market on the day: R14.65 | |
Weighted average price per security: | R14.4220 |
Lowest traded price per security on the market on the day: R14.27 | |
Total value: | R1 463 227.28 |
Nature of transaction: | On-market sale in order to settle tax liability due in |
respect of shares vested under the CSP | |
Nature and extent of director's interest: | Direct beneficial |
Clearance to deal received: | Yes |
Name of director: | LR Cohen |
Transaction date: | 10 June 2022 |
Class of securities: | Ordinary shares |
Number of securities: | 39 698 |
Highest traded price per security on the market on the day: R14.65 | |
Weighted average price per security: | R14.4220 |
Lowest traded price per security on the market on the day: R14.27 | |
Total value: | R572 524.56 |
Nature of transaction: | On-market sale in order to settle tax liability due in |
respect of shares vested under the CSP | |
Nature and extent of director's interest: | Direct beneficial |
Clearance to deal received: | Yes |
Name of director: | IU Mothibeli |
Transaction date: | 10 June 2022 |
Class of securities: | Ordinary shares |
Number of securities: | 25 103 |
Highest traded price per security on the market on the day: R14.65 | |
Weighted average price per security: | R14.4220 |
Lowest traded price per security on the market on the day: R14.27 | |
Total value: | R362 035.47 |
Nature of transaction: | On-market sale in order to settle tax liability due in |
respect of shares vested under the CSP | |
Nature and extent of director's interest: | Direct beneficial |
Clearance to deal received: | Yes |
Name of company secretary: | J Neethling |
Transaction date: | 10 June 2022 |
Class of securities: | Ordinary shares |
Number of securities: | 34 588 |
Highest traded price per security on the market on the day: R14.65
Weighted average price per security: | R14.4220 |
Lowest traded price per security on the market on the day: R14.27 | |
Total value: | R498 828.14 |
Nature of transaction: | On-market sale in order to settle tax liability due in |
respect of shares vested under the CSP | |
Nature and extent of director's interest: | Direct beneficial |
Clearance to deal received: | Yes |
Shareholders are further advised that Sanlam Private Wealth Limited, as CSP transaction facilitator, has acquired Vukile shares under the Conditional Share Plan 2022 ("CSP 2022") in respect of the awards made to participants of the CSP 2022, which shares vest in the scheme participants on the vesting date subject to the achievement of certain vesting criteria:
Name of director: | LG Rapp |
Date of transaction: | 10 June 2022 |
Class of securities: | Ordinary shares |
Number of securities: | 727 552 |
Highest traded price per security on the market on the day: R14.65 | |
Weighted average price per security: | R14.4517 |
Lowest traded price per security on the market on the day: R14.27 | |
Total value of transaction: | R10 514 363.24 |
Vesting date: | 31 May 2025 |
Nature of transaction: | On-market purchase |
Nature and extent of director's interest: | Indirect beneficial |
Clearance to deal received: | Yes |
Name of director: | LR Cohen |
Date of transaction: | 10 June 2022 |
Class of securities: | Ordinary shares |
Number of securities: | 435 403 |
Highest traded price per security on the market on the day: R14.65 | |
Weighted average price per security: | R14.4517 |
Lowest traded price per security on the market on the day: R14.27 | |
Total value of transaction: | R6 292 313.54 |
Vesting date: | 31 May 2025 |
Nature of transaction: | On-market purchase |
Nature and extent of director's interest: | Indirect beneficial |
Clearance to deal received: | Yes |
Name of director: | IU Mothibeli |
Date of transaction: | 10 June 2022 |
Class of securities: | Ordinary shares |
Number of securities: | 352 529 |
Highest traded price per security on the market on the day: R14.65 | |
Weighted average price per security: | R14.4517 |
Lowest traded price per security on the market on the day: R14.27 | |
Total value of transaction: | R5 094 643.35 |
Vesting date: | 31 May 2025 |
Nature of transaction: | On-market purchase |
Nature and extent of director's interest: | Indirect beneficial |
Clearance to deal received: | Yes |
Name of company secretary: | J Neethling |
Date of transaction: | 10 June 2022 |
Class of securities: | Ordinary shares |
Number of securities: | 290 541 |
Highest traded price per security on the market on the day: R14.65 | |
Weighted average price per security: | R14.4517 |
Lowest traded price per security on the market on the day: R14.27 | |
Total value of transaction: | R4 198 811.37 |
Vesting date: | 31 May 2025 |
Nature of transaction: | On-market purchase |
Nature and extent of director's interest: | Indirect beneficial |
Clearance to deal received: | Yes |
Shareholders are further advised that Sanlam Private Wealth Limited, as CSP transaction facilitator, has acquired Vukile shares under the CSP 2022, which shares vest on the vesting dates subject to the achievement of certain vesting criteria:
Name of director: | LG Rapp |
Date of transaction: | 10 June 2022 |
Class of securities: | Ordinary shares |
Number of securities: | 551 939 |
Highest traded price per security on the market on the day: R14.65 | |
Weighted average price per security: | R14.4517 |
Lowest traded price per security on the market on the day: R14.27 | |
Total value of transaction: | R7 976 456.85 |
Vesting date: | 31 May 2032, with provisions for early vesting in |
three equal tranches on 31 May 2028, 31 May | |
2029 and 31 May 2030. | |
Nature of transaction: | On-market purchase |
Nature and extent of director's interest: | Indirect beneficial |
Clearance to deal received: | Yes |
Shareholders are further advised of the following information relating to dealings in securities by a director and the company secretary of Vukile:
Name of director: | LG Rapp | ||
Transaction date: | 10 June 2022 | ||
Class of securities: | Ordinary shares | ||
Number of securities: | 136 509 | ||
Price per security: | R14.48 | ||
Total value: | R1 976 650.32 | ||
Nature of transaction: | On-market sale | ||
Nature and extent of director's interest: | Direct beneficial | ||
Clearance to deal received: | Yes | ||
Name of company secretary: | J Neethling | ||
Transaction date: | 10 June 2022 | ||
Class of securities: | Ordinary shares | ||
Number of securities: | 46 537 | ||
Price per security: | R14.48 | ||
Total value: | R673 855.76 | ||
Nature of transaction: | On-market sale | ||
Nature and extent of director's interest: | Direct beneficial | ||
Clearance to deal received: | Yes | ||
14 June 2022 | |||
JSE sponsor | NSX sponsor |
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Vukile Property Fund Limited published this content on 14 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 June 2022 14:42:08 UTC.