GPL - Grand Parade Investments Limited - Dealing in GPI BBBEE units
GPL
GPL
GPL - Grand Parade Investments Limited - Dealing in GPI BBBEE units
GRAND PARADE INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1997/003548/06)
Share code: GPL
ISIN: ZAE000119814
("GPI" or "the company")
DEALING IN GPI BBBEE UNITS
In compliance with rules 3.63 to 3.74 of the JSE Limited`s Listings
Requirements, the following information is disclosed:
NAME OF DIRECTOR Anthony Bedford
COMPANY OF WHICH I AM A DIRECTOR Grand Parade Investments Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Non-Executive
TYPE OF SECURITIES GPI BBBEE Units
CLASS OF SECURITIES -
DATE OF TRANSACTION 29 June 2011
CENTS PER SHARE 200
NUMBER OF SECURITIES TRANSACTED 62 500
TOTAL RAND VALUE OF SECURITIES R125 000
NATURE OF TRANSACTION There has been no dealing in GPI shares.
Anthony Bedford has purchased additional
GPI BBBEE units in Prosperity Trough
Partnership Limited who currently holds
1.97% in GPI. The GPI BBBEE Trust units
trade at a discount to GPI shares due to
the lock-in requirements until 2012. Each
unit will be converted into GPI shares on
30 June 2012 on a one-for-one basis.
(Off-market transaction)
NATURE AND EXTENT OF INTEREST IN Direct, beneficial
THE TRANSACTION
CLEARANCE OBTAINED Yes
01 July 2011
Sponsor
PSG Capital (Pty) Limited
Date: 01/07/2011 15:44:00 Produced by the JSE SENS Department.
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