GRAND PARADE INVESTMENTS LIMITED - Exercise of options by a director
GPL 201510050021A
Exercise of options by 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”)
EXERCISE OF OPTIONS BY A DIRECTOR
In compliance with rules 3.63 to 3.74 of the JSE Listings
Requirements, the following information regarding the
exercise of options is disclosed:
NAME OF DIRECTOR Dylan Pienaar
COMPANY OF WHICH A DIRECTOR Grand Parade Investments
Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
NATURE OF TRANSACTION Acquisition of shares in GPI
through the exercise of options
awarded in terms of a share
incentive scheme (Off-market
transaction)
DATE OPTIONS EXERCISED 1 October 2015
OPTION EXERCISE PRICE R 5.42
OPTION STRIKE PRICE R 3.61
NUMBER OF OPTIONS EXERCISED 205 678
TOTAL RAND VALUE OF OPTIONS R 742 497.58
STRIKE DATE OF OPTIONS 30 August 2015
PERIOD OF EXERCISE Participants have a 180 day
period from the strike date
during which options can be
exercised
NATURE AND EXTENT OF INTEREST Direct, beneficial
IN THE TRANSACTION
CLEARANCE OBTAINED Clearance obtained in terms of
section 3.66 of JSE Listings
Requirements
5 October 2015
Cape Town
Sponsor
PSG Capital
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