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 Listings Requirements, Chainprops 26
(Proprietary) Limited ("Chainprops") purchased the following Premium linked
units on the open market:
175 000 Premium linked units at a volume weighted average price of R14.82 per
linked unit, with a total value of R2 593 500 on 27 May 2011. The highest price
paid was R14.86 per linked unit and the lowest price paid was R14.70 per linked
unit.
Premium`s directors, Sharon Wapnick and Jeffrey Wapnick indirectly beneficially
each hold 31.7% of the share capital in Chainprops, while Alec Wapnick
indirectly non beneficially holds the remaining 36.6%. Clearance to deal was
received in terms of paragraph 3.66 of the JSE Listings Requirements.
DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR
Executive director: A K Stein
Date of transaction: 27 May 2011
Number of Premium linked units: 20 000
Price purchased at: R14.80 per linked unit
Total value of transaction: R296 000
Extent of interest: Indirect beneficial
Nature of transaction: Purchase on the open market by M Stein,
an associate of AK Stein
Clearance to deal: Yes
Pretoria
30 May 2011
Investment bank and sponsor
Nedbank Capital
Date: 30/05/2011 13:45:01 Produced by the JSE SENS Department.
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