| Thu 2 Oct 2008, 12:31 | | RES - Resilient - Dealing In Securities By Directors And The Company Secretary |
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RES
RES
RES - Resilient - Dealing In Securities By Directors And The Company Secretary
Resilient Property Income Fund Limited
(Incorporated in the Republic of South Africa)
Registration number 2002/016851/06
Share code: RES & ISIN: ZAE000043642
("Resilient")
DEALING IN SECURITIES BY DIRECTORS AND THE COMPANY SECRETARY
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of JSE Limited,
the following information relating to the dealing in securities by directors and
the company secretary, is disclosed.
Following the de-listing of Diversified Property Fund Limited ("Diversified")
and it becoming a wholly-owned subsidiary of Resilient, the Resilient
Remuneration Committee resolved to unwind the Diversified Unit Purchase Trust
("Trust"). The dealings disclosed here relate to the sale of Resilient units
(Diversified units converted at the swap ratio offered in terms of the scheme of
arrangement), sufficient to repay outstanding debt to the Trust.
Executive director: David John Lewis
Director of: Resilient
Transaction date: 1 October 2008
Class of securities: Linked units
Price: R21.50 per linked unit
Number of securities: 545 000
Total value: R11,717,500.00
Nature of transaction: Vested units sold to settle debt owing to The
Diversified Unit Purchase Trust.
Extent of interest: Direct beneficial
Executive director: Jacobus Johann Kriek
Director of: Resilient
Transaction date: 1 October 2008
Class of securities: Linked units
Price: R21.50 per linked unit
Number of securities: 350 000
Total value: R7,525,000.00
Nature of transaction: Vested units sold to settle debt owing to The
Diversified Unit Purchase Trust.
Extent of interest: Direct beneficial
Executive director: Jeffrey Nathan Zidel
Director of: Resilient
Transaction date: 1 October 2008
Class of securities: Linked units
Price: R21.50 per linked unit
Number of securities: 430 000
Total value: R9,245,000.00
Nature of transaction: Vested units sold to settle debt owing to The
Diversified Unit Purchase Trust.
Extent of interest: Direct beneficial
Company Secretary: Nicolaas Willem Hanekom
Company Secretary of: Resilient
Transaction date: 1 October 2008
Class of securities: Linked Units
Price: R21.50 per linked unit
Number of securities: 66 063
Total value: R1,420,354.50
Nature of transaction: Vested units sold to settle debt owing to The
Diversified Unit Purchase Trust.
Extent of interest: Direct beneficial
Clearance to deal was received in terms of paragraph 3.66 of the JSE Listings
Requirements.
Johannesburg
2 October 2008
Sponsor
Java Capital (Proprietary) Limited
Date: 02/10/2008 12:31:01 Produced by the JSE SENS Department.
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