PMM - Premium Properties Limited - Dealing in secu
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 terms of an agreement entered into between City Property Administration
(Proprietary) Limited ("CPA") and certain of its employees, CPA has the option
to acquire the share options allocated to employees in the event that the
employee resigns from CPA. Accordingly, CPA has acquired the following linked
units pursuant to the resignation of one of its employees:
Date of transaction: 27 February 2007
Number of linked units purchased: 148 089 at R6.20 per linked unit
Total value of transaction: R918 151,80
Class of securities: Linked units
Alec Wapnick, Premium`s chairman, has an indirect non-beneficial holding of
16.67% of the share capital of CPA. Non-Executive director Sharon Wapnick and
managing director Jeffery Wapnick have an indirect beneficial holding of 16.67%
and 66.67% of the share capital of CPA respectively. Clearance to deal was
received in terms of paragraph 3.66 of the JSE Limited Listings Requirements.
Pretoria
28 February 2007
Investment bank and sponsor
Nedbank Capital
Date: 28/02/2007 12:40:02 Produced by the JSE SENS Department.
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