| Mon 8 Mar 2010, 13:14 | | 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 3 March 2010, 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: 8 March 2010
Class of securities: Linked units
Price: R25.18 per linked unit
Number of securities: 200,000
Total value: R5,036,000.00
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: 8 March 2010
Class of securities: Linked units
Price: R25.18 per linked unit
Number of securities: 100,000
Total value: R2,518,000.00
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: 8 March 2010
Class of securities: Linked units
Price: R25.18 per linked unit
Number of securities: 500,000
Total value: R12,590,000.00
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: 8 March 2010
Class of securities: Linked units
Price: R25.18 per linked unit
Number of securities: 50,000(representing the indirect
beneficial interest)
Total value: R1,259,000.00
Nature of transaction: Acceptance of linked units offered
in terms of The Resilient Unit
Purchase Trust.
Extent of interest: Indirect 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: 8 March 2010
Class of securities: Linked units
Price: R25.18 per linked unit
Number of securities: 200,000
Total value: R5,036,000.00
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
8 March 2010
Sponsor
Java Capital (Proprietary) Limited
Date: 08/03/2010 13:14:09 Produced by the JSE SENS Department.
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