| Mon 11 May 2009, 16:50 | | RES - Resilient - Acceptance Of Linked Units In Terms Of The Resilient Unit |
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RES
RES
RES - Resilient - Acceptance Of Linked Units In Terms Of The Resilient Unit
Purchase Trust ("The Trust")
Resilient Property Income Fund Limited
(Incorporated in the Republic of South Africa)
Registration number 2002/016851/06
Share code: RES & ISIN: ZAE000043642
("Resilient" or "the company")
ACCEPTANCE OF LINKED UNITS IN TERMS OF THE RESILIENT 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 scheme
linked units (including interest) is paid.
The pricing of the units was determined on 6 May 2009, the day on which the
Remuneration Committee approved the allocations.
Executive director: Andries de Lange, who is a trustee and
beneficiary of The Nano Trust, the entity
which entered into the transaction.
Director of: Resilient
Transaction date: 11 May 2009
Class of securities: Linked units
Price: R22.04 per linked unit
Number of securities: 125,000
Total value: R2,755,000.00
Nature of transaction: Acceptance of linked units offered in terms
of The Resilient Unit Purchase Trust.
Extent of interest: Indirect beneficial
Executive director: David John Lewis who is a trustee and
beneficiary of the Dyjaju Trust, the entity
which entered into the transaction.
Director of: Resilient
Transaction date: 11 May 2009
Class of securities: Linked units
Price: R22.04 per linked unit
Number of securities: 125,000
Total value: R2,755,000.00
Nature of transaction: Acceptance of linked units offered in terms
of The Resilient Unit Purchase Trust.
Extent of interest: Indirect beneficial
Executive director: Desmond de Beer, who is a trustee and
beneficiary of The Suni Trust, the entity
which entered into the transaction.
Director of: Resilient
Transaction date: 11 May 2009
Class of securities: Linked units
Price: R22.04 per linked unit
Number of securities: 600,000
Total value: R13,224,000.00
Nature of transaction: Acceptance of linked units offered in terms
of The Resilient Unit Purchase Trust.
Extent of interest: Indirect beneficial
Executive director: Jacobus Johann Kriek, who owns 50% of Kibera
Investments (Pty) Ltd, the entity which
entered into the transaction.
Director of: Resilient
Transaction date: 11 May 2009
Class of securities: Linked units
Price: R22.04 per linked unit
Number of securities: 62,500(representing the indirect beneficial
interest)
Total value: R1,377,500.00
Nature of transaction: Acceptance of linked units offered in terms
of The Resilient Unit Purchase Trust.
Extent of interest: Indirect beneficial
Executive director: Jeffrey Nathan Zidel
Director of: Resilient
Transaction date: 11 May 2009
Class of securities: Linked units
Price: R22.04 per linked unit
Number of securities: 125,000
Total value: R2,755,000.00
Nature of transaction: Acceptance of linked units offered in terms
of The Resilient Unit Purchase Trust.
Extent of interest: Direct beneficial
Company Secretary: Nicolaas Willem Hanekom, who is a trustee and
beneficiary of the Eaglelet Trust, the entity
which entered into the transaction.
Company Secretary of: Resilient
Transaction date: 11 May 2009
Class of securities: Linked Units
Price: R22.04 per linked unit
Number of securities: 125,000
Total value: R2,755,000.00
Nature of transaction: Acceptance of linked units offered in terms
of The Resilient Unit Purchase Trust.
Extent of interest: Indirect beneficial
Clearance to deal was received in terms of paragraph 3.66 of the JSE Listings
Requirements.
Johannesburg
11 May 2009
Sponsor
Java Capital (Proprietary) Limited
Date: 11/05/2009 16:50:01 Produced by the JSE SENS Department.
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