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PAP
PAP
PAP - Pangbourne - Acceptance of linked units in terms of the Pangbourne unit
purchase trust
Pangbourne Properties Limited
(Registration No. 1987/002352/06)
Share Code: PAP
ISIN Code: ZAE000005252
("Pangbourne")
ACCEPTANCE OF LINKED UNITS IN TERMS OF THE PANGBOURNE UNIT PURCHASE TRUST ("THE
TRUST")
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE
Limited, the following information, relating to the acceptance of linked units
as offered to directors and officers in terms of the rules of the trust, is
disclosed.
In terms of the rules of the trust, ownership in such linked units vests in the
beneficiaries stated below, but such linked units have been pledged to the
trustees of the trust until the outstanding balance due in respect of the linked
units (including interest) is paid.
The pricing of the units was determined on 17 September 2008, the day prior to
the allocations.
Name of executive director: Craig Brabazon Hallowes, who is a
trustee of The Brabazon Trust, which
owns 100% of Antediluvian Investments
(Pty) Ltd, the entity which entered
into the transaction
Transaction date: 23 September 2009
Class of securities: Linked units
Price: R13.10
Number of securities: 500 000
Total value: R6 550 000.00
Nature of transaction: Acceptance of linked units offered
in terms of The Pangbourne Unit
Purchase Trust
Nature and extent of interest: Indirect beneficial
Name of alternate director: Vuso Sipho Majija
Transaction date: 23 September 2009
Class of securities: Linked units
Price: R13.10
Number of securities: 25 000
Total value: R327 500.00
Nature of transaction: Acceptance of linked units offered
in terms of The Pangbourne Unit
Purchase Trust
Nature and extent of interest: Direct beneficial
Name of executive director: Marius Hoff Muller, who is a trustee
and beneficiary of The Walmer Estate
Trust, the entity which entered into
the transaction
Transaction date: 23 September 2009
Class of securities: Linked units
Price: R13.10
Number of securities: 500 000
Total value: R6 550 000.00
Nature of transaction: Acceptance of linked units offered
in terms of The Pangbourne Unit
Purchase Trust
Nature and extent of interest: Indirect beneficial
Name of executive director: Barry Lester Stuhler, who owns 100%
of Blue Dot Properties 456 (Pty) Ltd,
the entity which entered into the
transaction
Transaction date: 23 September 2009
Class of securities: Linked units
Price: R13.10
Number of securities: 1 000 000
Total value: R13 100 000.00
Nature of transaction: Acceptance of linked units offered
in terms of The Pangbourne Unit
Purchase Trust
Nature and extent of interest: Indirect beneficial
Name of executive director: Jacques Johannes van Wyk, who owns
100% of Elderberry Investments (Pty)
Ltd, the entity which entered into
the transaction
Transaction date: 23 September 2009
Class of securities: Linked units
Price: R13.10
Number of securities: 500 000
Total value: R6 550 000.00
Nature of transaction: Acceptance of linked units offered
in terms of The Pangbourne Unit
Purchase Trust
Nature and extent of interest: Indirect beneficial
Name of company secretary: Abraham Albertus Bornman
Transaction date: 23 September 2009
Class of securities: Linked units
Price: R13.10
Number of securities: 250 000
Total value: R3 275 000.00
Nature of transaction: Acceptance of linked units offered
in terms of The Pangbourne Unit
Purchase Trust
Nature and extent of interest: Direct beneficial
Clearance to deal was received as required in terms of the JSE`s Listings
Requirements.
23 September 2008
Sponsor
Java Capital (Proprietary) Limited
Date: 23/09/2008 17:18:01 Produced by the JSE SENS Department.
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