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Dealings in securities by directors and by the company secretary of the company

Published: 2022-06-14 17:15:49 ET
<<<  go to JSE:VKE company page
 VUKILE PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2002/027194/06)
JSE share code: VKE NSX share code: VKN
ISIN: ZAE000180865
Bond company code: VKEI
(Granted REIT status with the JSE)
(“Vukile” or “the company”)


DEALINGS IN SECURITIES BY DIRECTORS AND BY THE COMPANY SECRETARY OF THE
COMPANY


Shareholders are advised of the following information relating to dealings in securities by directors and the
company secretary of Vukile, pursuant to the vesting of shares under Vukile’s Conditional Share Plan (the
“CSP”):

Name of director:                                        LG Rapp
Date of transaction:                                     9 June 2022
Class of securities:                                     Ordinary shares
Number of securities:                                    237 967
Price per security:                                      R13.63
Total value of transaction:                              R3 243 490.21
Vesting date:                                            9 June 2022
Nature of transaction:                                   Off-market vesting of shares under the CSP
Nature and extent of director’s interest:                Direct beneficial
Clearance to deal received:                              Vesting of shares occurs automatically in terms of
                                                         the CSP and no clearance is sought or received

Name of director:                                        LR Cohen
Date of transaction:                                     9 June 2022
Class of securities:                                     Ordinary shares
Number of securities:                                    93 111
Price per security:                                      R13.63
Total value of transaction:                              R1 269 102.93
Vesting date:                                            9 June 2022
Nature of transaction:                                   Off-market vesting of shares under the CSP
Nature and extent of director’s interest:                Direct beneficial
Clearance to deal received:                              Vesting of shares occurs automatically in terms of
                                                         the CSP and no clearance is sought or received

Name of director:                                        IU Mothibeli
Date of transaction:                                     9 June 2022
Class of securities:                                     Ordinary shares
Number of securities:                                    58 879
Price per security:                                      R13.63
Total value of transaction:                              R802 520.77
Vesting date:                                            9 June 2022
Nature of transaction:                                   Off-market vesting of shares under the CSP
Nature and extent of director’s interest:                Direct beneficial
Clearance to deal received:                              Vesting of shares occurs automatically in terms of
                                                         the CSP and no clearance is sought or received
Name of company secretary:                                   J Neethling
Date of transaction:                                         9 June 2022
Class of securities:                                         Ordinary shares
Number of securities:                                        81 125
Price per security:                                          R13.63
Total value of transaction:                                  R1 105 733.75
Vesting date:                                                9 June 2022
Nature of transaction:                                       Off-market vesting of shares under the CSP
Nature and extent of company secretary’s interest:           Direct beneficial
Clearance to deal received:                                  Vesting of shares occurs automatically in terms of
                                                             the CSP and no clearance is sought or received

Name of director:                                           LG Rapp
Transaction date:                                           10 June 2022
Class of securities:                                        Ordinary shares
Number of securities:                                       101 458
Highest traded price per security on the market on the day: R14.65
Weighted average price per security:                        R14.4220
Lowest traded price per security on the market on the day: R14.27
Total value:                                                R1 463 227.28
Nature of transaction:                                      On-market sale in order to settle tax liability due in
                                                            respect of shares vested under the CSP
Nature and extent of director’s interest:                   Direct beneficial
Clearance to deal received:                                 Yes

Name of director:                                           LR Cohen
Transaction date:                                           10 June 2022
Class of securities:                                        Ordinary shares
Number of securities:                                       39 698
Highest traded price per security on the market on the day: R14.65
Weighted average price per security:                        R14.4220
Lowest traded price per security on the market on the day: R14.27
Total value:                                                R572 524.56
Nature of transaction:                                      On-market sale in order to settle tax liability due in
                                                            respect of shares vested under the CSP
Nature and extent of director’s interest:                   Direct beneficial
Clearance to deal received:                                 Yes

Name of director:                                           IU Mothibeli
Transaction date:                                           10 June 2022
Class of securities:                                        Ordinary shares
Number of securities:                                       25 103
Highest traded price per security on the market on the day: R14.65
Weighted average price per security:                        R14.4220
Lowest traded price per security on the market on the day: R14.27
Total value:                                                R362 035.47
Nature of transaction:                                      On-market sale in order to settle tax liability due in
                                                            respect of shares vested under the CSP
Nature and extent of director’s interest:                   Direct beneficial
Clearance to deal received:                                 Yes

Name of company secretary:                                   J Neethling
Transaction date:                                            10 June 2022
Class of securities:                                         Ordinary shares
Number of securities:                                        34 588
Highest traded price per security on the market on the day: R14.65
Weighted average price per security:                        R14.4220
Lowest traded price per security on the market on the day: R14.27
Total value:                                                R498 828.14
Nature of transaction:                                      On-market sale in order to settle tax liability due in
                                                            respect of shares vested under the CSP
Nature and extent of director’s interest:                   Direct beneficial
Clearance to deal received:                                 Yes

Shareholders are further advised that Sanlam Private Wealth Limited, as CSP transaction facilitator, has acquired
Vukile shares under the Conditional Share Plan 2022 (“CSP 2022”) in respect of the awards made to participants
of the CSP 2022, which shares vest in the scheme participants on the vesting date subject to the achievement of
certain vesting criteria:

Name of director:                                           LG Rapp
Date of transaction:                                        10 June 2022
Class of securities:                                        Ordinary shares
Number of securities:                                        727 552
Highest traded price per security on the market on the day: R14.65
Weighted average price per security:                        R14.4517
Lowest traded price per security on the market on the day: R14.27
Total value of transaction:                                 R10 514 363.24
Vesting date:                                               31 May 2025
Nature of transaction:                                      On-market purchase
Nature and extent of director’s interest:                   Indirect beneficial
Clearance to deal received:                                 Yes

Name of director:                                           LR Cohen
Date of transaction:                                        10 June 2022
Class of securities:                                        Ordinary shares
Number of securities:                                       435 403
Highest traded price per security on the market on the day: R14.65
Weighted average price per security:                        R14.4517
Lowest traded price per security on the market on the day: R14.27
Total value of transaction:                                 R6 292 313.54
Vesting date:                                               31 May 2025
Nature of transaction:                                      On-market purchase
Nature and extent of director’s interest:                   Indirect beneficial
Clearance to deal received:                                 Yes

Name of director:                                           IU Mothibeli
Date of transaction:                                        10 June 2022
Class of securities:                                        Ordinary shares
Number of securities:                                        352 529
Highest traded price per security on the market on the day: R14.65
Weighted average price per security:                        R14.4517
Lowest traded price per security on the market on the day: R14.27
Total value of transaction:                                 R5 094 643.35
Vesting date:                                               31 May 2025
Nature of transaction:                                      On-market purchase
Nature and extent of director’s interest:                   Indirect beneficial
Clearance to deal received:                                 Yes

Name of company secretary:                                   J Neethling
Date of transaction:                                         10 June 2022
Class of securities:                                         Ordinary shares
Number of securities:                                        290 541
Highest traded price per security on the market on the day: R14.65
Weighted average price per security:                        R14.4517
Lowest traded price per security on the market on the day: R14.27
Total value of transaction:                                 R4 198 811.37
Vesting date:                                               31 May 2025
Nature of transaction:                                      On-market purchase
Nature and extent of director’s interest:                   Indirect beneficial
Clearance to deal received:                                 Yes

Shareholders are further advised that Sanlam Private Wealth Limited, as CSP transaction facilitator, has acquired
Vukile shares under the CSP 2022, which shares vest on the vesting dates subject to the achievement of certain
vesting criteria:

Name of director:                                           LG Rapp
Date of transaction:                                        10 June 2022
Class of securities:                                        Ordinary shares
Number of securities:                                       551 939
Highest traded price per security on the market on the day: R14.65
Weighted average price per security:                        R14.4517
Lowest traded price per security on the market on the day: R14.27
Total value of transaction:                                 R7 976 456.85
Vesting date:                                               31 May 2032, with provisions for early vesting in
                                                            three equal tranches on 31 May 2028, 31 May
                                                            2029 and 31 May 2030.
Nature of transaction:                                      On-market purchase
Nature and extent of director’s interest:                   Indirect beneficial
Clearance to deal received:                                 Yes

Shareholders are further advised of the following information relating to dealings in securities by a director and
the company secretary of Vukile:

Name of director:                                           LG Rapp
Transaction date:                                           10 June 2022
Class of securities:                                        Ordinary shares
Number of securities:                                       136 509
Price per security:                                         R14.48
Total value:                                                R1 976 650.32
Nature of transaction:                                      On-market sale
Nature and extent of director’s interest:                   Direct beneficial
Clearance to deal received:                                 Yes

Name of company secretary:                                  J Neethling
Transaction date:                                           10 June 2022
Class of securities:                                        Ordinary shares
Number of securities:                                       46 537
Price per security:                                         R14.48
Total value:                                                R673 855.76
Nature of transaction:                                      On-market sale
Nature and extent of director’s interest:                   Direct beneficial
Clearance to deal received:                                 Yes

14 June 2022


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Java Capital   IJG Securities (Pty) Ltd