Enhanced Investments - Financial Portal

Dealings in Securities by an Associate of a Director

Published: 2022-11-29 09:00:33 ET

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”)



DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR


In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
following information regarding the dealing in securities is disclosed:

 NAME OF DIRECTOR                                Mr Alex Abercrombie

 COMPANY OF WHICH A DIRECTOR                     Grand Parade Investments Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                 Non-executive

 TYPE AND CLASS OF SECURITIES                    Ordinary shares

 NATURE OF TRANSACTION                           Sale of ordinary shares in GPI by an
                                                 associate of a director (on-market
                                                 transaction)

 DATE OF TRANSACTION                             25 November 2022

 PRICE PER SECURITY                              350 cents

 NUMBER OF SECURITIES TRANSACTED                 7,000, 000

 TOTAL RAND VALUE OF SECURITIES                  R24,500,000
 TRANSACTED

 NAME OF ASSOCIATE                               Rednaxela          Proprietary     Limited
                                                 (“Rednaxela”)

 RELATIONSHIP WITH DIRECTOR                      Mr Abercrombie is the sole shareholder
                                                 and a director of Rednaxela

 NATURE AND EXTENT OF INTEREST IN                Indirect, beneficial
 THE TRANSACTION


The board of the Company accepts responsibility for the information contained in this
announcement and confirms that to the best of their collective knowledge and belief, the
information contained in this announcement is true and this announcement does not omit
anything likely to affect the importance of the information.

Cape Town
29 November 2022
Sponsor
PSG Capital

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

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All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.