ORE - Orion Real Estate - Transfer Of Property And Impact On Directors Holding
ORE
ORE
ORE - Orion Real Estate - Transfer Of Property And Impact On Directors Holding
ORION REAL ESTATE LIMITED
(formerly Alpina Investment Holdings Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 1997/021085/06)
Share Code: ORE & ISIN: ZAE000075651
("Orion Real Estate" or "the company")
TRANSFER OF PROPERTY AND IMPACT ON DIRECTORS HOLDING
Shareholders are advised that, as detailed in the circular to shareholders dated
23 January 2006, all outstanding matters have been resolved and transfers of
properties to Orion have now commenced. The transfer of Primrose Mall and Meyers
Building to Orion has been finalised and 34 117 647 linked units have been
issued and listed. The issue of these linked units has resulted in an increase
in the shareholding of certain directors.
In compliance with rules 3.63 - 3.74 of the JSE Listing Requirements, the
following information is disclosed.
Name of director: Franz Gmeiner
Date of issue: 23 May 2008
Class of Securities: Ordinary shares
Number of securities: 31 525 647
Nature of transaction: Issue to vendor of property
Issue price: 17 cents
Total value of transaction: R5 539 359
Extent of interest: Indirect beneficial
Name of director: A C Gmeiner
Date of issue: 23 May 2008
Class of Securities: Ordinary shares
Number of securities: 500 000
Nature of transaction: Issue to vendor of property
Issue price: 17 cents
Total value of transaction: R85 000
Extent of interest: Direct beneficial
Johannesburg
2 June 2008
Sponsor
Arcay Moela Sponsors (Proprietary) Limited
Date: 02/06/2008 08:47:38 Produced by the JSE SENS Department.
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