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PAP
PAP
PAP - Pangbourne - Acceptance of linked units in terms of the Pangbourne Unit
Purchase Trust ("The 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 JSE Listings Requirements 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 12 March 2010, 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: 17 March 2010
Class of securities: Linked units
Price: R16.53
Number of securities: 150,000
Total value: R2,479,500.00
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 alternate director: Vuso Sipho Majija
Transaction date: 17 March 2010
Class of securities: Linked units
Price: R16.53
Number of securities: 40,000
Total value: R661,200.00
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 company secretary: Inge Frances Pick
Transaction date: 17 March 2010
Class of securities: Linked units
Price: R16.53
Number of securities: 10,000
Total value: R165,300.00
Nature of transaction: Acceptance of linked units offered
in terms of The Pangbourne Unit
Purchase Trust
Nature and extent of interest: Direct beneficial
Clearance to deal was received as required in terms of the JSE`s Listings
Requirements.
17 March 2010
Sponsor
Java Capital (Proprietary) Limited
Date: 17/03/2010 15:25:01 Produced by the JSE SENS Department.
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