PMM - Premium Properties Limited - Dealing In Securities By Directors
PMM
PMM
PMM - Premium Properties Limited - Dealing In Securities By Directors
PREMIUM PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1994/003601/06)
Share code: PMM ISIN:ZAE000009254
("Premium")
DEALING IN SECURITIES BY DIRECTORS
In compliance with rule 3.63 of the JSE Limited Listings Requirements, Alpiet
Investments (Proprietary) Limited ("Alpiet") purchased the following Premium
linked units on the open market:
44 308 Premium linked units at a price of R16.40 per linked unit, with a total
value of R726 651.20 on 12 May 2011; and
50 000 Premium linked units at a price of R15.95 per linked unit, with a total
value of R797 500 on 13 May 2011.
Alec Wapnick, Premium`s chairman, has an indirect non-beneficial holding of
36.66% of the share capital of Alpiet. Non-Executive director Sharon Wapnick and
managing director Jeffery Wapnick each have an indirect beneficial holding of
31.66% of the share capital of Alpiet respectively.
Clearance to deal was received in terms of paragraph 3.66 of the JSE Limited
Listings Requirements.
Pretoria
16 May 2011
Investment bank and sponsor
Nedbank Capital
Date: 16/05/2011 17:34:01 Produced by the JSE SENS Department.
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