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GPL
GPL
GPL - Grand Parade Investments Limited - Dealing in securities by an
associate of a director
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 SECURITIES BY AN ASSOCIATE OF A DIRECTOR
In compliance with rules 3.63 to 3.74 of the JSE Limited`s Listings
Requirements, the following information is disclosed:
NAME OF DIRECTOR Hassen Adams
COMPANY OF WHICH I AM A DIRECTOR Grand Parade Investments
Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE OF SECURITIES Shares
CLASS OF SECURITIES Ordinary
DATE OF TRANSACTION 07 October 2011
CENTS PER SHARE 285
NUMBER OF SECURITIES TRANSACTED 771 055
TOTAL RAND VALUE OF SECURITIES R2 197 506.75
NATURE OF TRANSACTION An associate of the director,
Razifin (Pty) Limited, is
disposing of 771,055 GPI
ordinary shares, as settlement
of a share repurchase by the
associate of its own shares
from another shareholder. On
such repurchase, the
shareholding of the director
in the associate will
increase, resulting in his
effective indirect
shareholding in GPI remaining
unchanged save for the effects
of rounding.
NAME OF ASSOCIATE Razifin (Pty) Limited
RELATIONSHIP WITH DIRECTOR Hassen Adams is a director and
67.19% shareholder of Razifin
(Pty) Ltd.
NATURE AND EXTENT OF INTEREST IN Indirect beneficial
THE TRANSACTION (Off-market transaction)
CLEARANCE OBTAINED Not required
NAME OF DIRECTOR Alex Abercrombie
COMPANY OF WHICH I AM A DIRECTOR Grand Parade Investments
Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Non-Executive
TYPE OF SECURITIES Shares
CLASS OF SECURITIES Ordinary
DATE OF TRANSACTION 07 October 2011
CENTS PER SHARE 285
NUMBER OF SECURITIES TRANSACTED 771 055
TOTAL RAND VALUE OF SECURITIES R2 197 506.75
NATURE OF TRANSACTION An associate of the director,
Razifin (Pty) Limited, is
disposing of 771,055 GPI
ordinary shares, as settlement
of a share repurchase by the
associate of its own shares
from another shareholder. On
such repurchase, the
shareholding of the director
in the associate will
increase, resulting in his
effective indirect
shareholding in GPI remaining
unchanged save for the effects
of rounding.
NAME OF ASSOCIATE Razifin (Pty) Limited
RELATIONSHIP WITH DIRECTOR Alex Abercrombie is a 24.86%
shareholder of Razifin (Pty)
Ltd
NATURE AND EXTENT OF INTEREST IN Indirect Beneficial
THE TRANSACTION (INDIRECT) (Off-market transaction)
CLEARANCE OBTAINED Not required
11 October 2011
Sponsor
PSG Capital (Pty) Limited
Date: 11/10/2011 14:04:01 Produced by the JSE SENS Department.
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