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VKE
VKE
VKE - Vukile Property Fund Limited - Directors` dealings
Vukile Property Fund Limited
(Incorporated in the Republic of South Africa)
(Registration number 2002/027194/06)
JSE Share Code : VKE ISIN : ZAE000056370
NSX Share Code : VKN
("Vukile" or "the company")
DIRECTORS` DEALINGS
In compliance with paragraph 3.63 of the Listings Requirements of the JSE
Limited ("Listings Requirements"), unitholders are hereby advised that certain
directors may derive a beneficial interest in a new long term incentive scheme,
the details of which were approved by unitholders at the Annual General Meeting
of the company held on 11 September 2008.
Sanlam Capital Markets (Pty) Ltd ("SCM") has acquired shares in respect of the
new long term incentive scheme. The release of any of the units so acquired by
SCM to a director referred to below on 1 July 2012, is conditional on the
director being employed by the company on that date and also subject to the
achievement of certain pre-determined performance targets.
In order to comply with the Listings Requirements, the directors` potential
interest in these dealings are disclosed below:
Name of Director : Gerhard van Zyl
Category of Director : Executive
Potential interest in retention scheme : 65.386%
Name of Director : Michael John Potts
Category of Director : Executive
Potential Interest in retention scheme : 29.043%
TRANSACTIONS EFFECTED BY SCM
Date of transaction : 12 June 2009
Nature of transaction : Acquisition
Number of linked units : 146 085
Price of linked units : 909.97
Total value of securities : R1 329 330
Class of securities : Linked Units
Interest Potential : Indirect Beneficial
Clearance in terms of paragraph 3.66 of
the listing requirements of the JSE : Yes
Roodepoort
15 June 2009
JSE Sponsor
Barnard Jacobs Mellet Corporate Finance (Pty) Limited
NSX Sponsor
IJG Securities (Pty) Limited
Date: 15/06/2009 12:54:21 Produced by the JSE SENS Department.
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