» Dealing in Securities

Dealing in Securities

Posted on: 8 September 2009


Shareholders are advised of the following information, relating to the dealing in securities of the Company by associates of Desmond de Beer, a non-executive director of the Company:

Name of associate: Mister RP de Beer
Transaction date: 4 September 2009
Class of securities: Ordinary shares
Price per security: R24.99
Number of securities: 100
Total value: R2,499.00
Nature of transaction: Purchase
Nature and extent of associates interest: Direct beneficial
Name of associate: Miss EK de Beer
Transaction date: 4 September 2009
Class of securities: Ordinary shares
Price per security: R24.99
Number of securities: 100
Total value: R2,499.00
Nature of transaction: Purchase
Nature and extent of associates interest: Direct beneficial
Name of associate: Mister CM de Beer
Transaction date: 4 September 2009
Class of securities: Ordinary shares
Price per security: R24.99
Number of securities: 100
Total value: R2,499.00
Nature of transaction: Purchase
Nature and extent of associates interest: Direct beneficial

Clearance to deal was received as required in terms of the JSE Listings Requirements.

Following the purchases outlined above, through his associates, Mr de Beer has an interest of 300 ordinary shares representing 0.001% of the Company's issued share capital. In addition, through his interest in The Suni Trust, Mr De Beer has a beneficial interest in 1,922,000 ordinary shares in the Company, representing 6.8% of the Company's issued share capital. Mr De Beer also has an interest in ordinary shares in the Company through his 50% interest in Optimprops 3 (Proprietary) Limited, which holds 1,477,500 ordinary shares in the Company, representing 5.2% of the Company's issued share capital. Mr De Beer also directly and indirectly holds 7.2% of Resilient Property Income Fund Limited ("Resilient") and 0.8% of Capital Property Fund ("Capital"). Resilient has a 15.8% unitholding in Capital, which is directly interested in 6,155,000 ordinary shares in the capital of the Company, representing 21.9% of the ordinary share capital of the Company. Resilient is also directly interested in 7,392,500 ordinary shares in the capital of the Company, representing 26.3% of the ordinary share capital of the Company, through its ownership of Diversified Properties 2 (Proprietary) Limited.