GRAND PARADE INVESTMENTS LIMITED - Exercise Of Options By A Director In Terms Of The Grand Parade Share Incentive Trust
Exercise Of Options By A Director In Terms Of The Grand Parade Share Incentive Trust
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 TERMS OF THE GRAND PARADE SHARE
INCENTIVE TRUST
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following
information regarding the exercise of options is disclosed:
NAME OF DIRECTOR Mohsin Tajbhai
COMPANY OF WHICH A DIRECTOR Grand Parade Investments Limited
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Options to acquire ordinary shares
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 OF EXERCISE OF OPTIONS 16 April 2021
OPTION STRIKE PRICE 226 cents
NUMBER OF OPTIONS EXERCISED 376 106
TOTAL RAND VALUE OF OPTIONS R 849 999.56
EXERCISED
STRIKE DATE OF OPTIONS 1 November 2020
PERIOD OF EXERCISE Participants have a 180 day period from the
strike date during which options can be
exercised
NATURE AND EXTENT OF INTEREST IN THE Direct, beneficial
TRANSACTION
Clearance to deal in the securities by the director was obtained in accordance with paragraph 3.66 of
the JSE Limited Listings Requirements.
Cape Town
19 April 2021
Sponsor
PSG Capital
Date: 19-04-2021 04:45:00
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