| Fri 8 Aug 2008, 16:35 | | APA/APB/AXC - ApexHi Properties Limite - Dealings in securities |
|
APA APB AXC
APA
APA/APB/AXC - ApexHi Properties Limite - Dealings in securities
ApexHi Properties Limited
(Incorporated in the Republic of South Africa)
Registration number 1999/000238/06
JSE share code: APA & ISIN: ZAE000083598
APB & ISIN: ZAE000083580
AXC & ISIN: ZAE000083606
("ApexHi")
DEALINGS IN SECURITIES
In compliance with sections 3.63 - 3.73 of the Listings Requirements of the JSE
Limited, ApexHi discloses that it has been notified by Madison Property Fund
Managers Limited ("Madison"), an "independent entity" (as contemplated in
paragraph 3.63 of the JSE Listings Requirements) that on 6 August 2008 and 7
August 2008 Madison disposed of 1,030,801 and 1,058,766 ApexHi C units at a
price of R6.70 per unit (with a total value of R14,000,098.90), and on 8 August
2008 Madison disposed of 26,850 ApexHi C units at a price of R6.70 and 134,021
ApexHi C units at a price of R6.65 per unit (with total values of R179,895.00
and R891,239.65 respectively). Madison has advised that the ApexHi C units were
disposed of to fund incentivisation commitments to staff seconded to ApexHi.
Marc Wainer and Wolf Cesman who are directors of Madison are also directors and
direct or indirect unitholders of ApexHi.
8 August 2008
Sponsor
Java Capital (Proprietary) Limited
Date: 08/08/2008 16:35:02 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.
