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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 14 April 2009, 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: 20 April 2009
Class of securities: Linked units
Price: R13.85
Number of securities: 500,000
Total value: R6,925,000.00
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: 20 April 2009
Class of securities: Linked units
Price: R13.85
Number of securities: 50,000
Total value: R692,500.00
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: 20 April 2009
Class of securities: Linked units
Price: R13.85
Number of securities: 500,000
Total value: R6,925,000.00
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: 20 April 2009
Class of securities: Linked units
Price: R13.85
Number of securities: 800,000
Total value: R11,080,000.00
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 115(Pty) Ltd, the
entity which entered into the transaction.
Transaction date: 20 April 2009
Class of securities: Linked units
Price: R13.85
Number of securities: 550,000
Total value: R7,617,500.00
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, who is a trustee
and beneficiary of The Rumae Trust, the
entity which entered into the transaction.
Transaction date: 20 April 2009
Class of securities: Linked units
Price: R13.85
Number of securities: 300 000
Total value: R4,155,000.00
Nature of transaction: Acceptance of linked units offered
in terms of The Pangbourne Unit Purchase
Trust
Nature and extent of interest: Indirect beneficial
Clearance to deal was received as required in terms of the JSE`s Listings
Requirements.
20 April 2009
Sponsor
Java Capital (Proprietary) Limited
Date: 20/04/2009 16:30:38 Produced by the JSE SENS Department.
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