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Dealings in securities by a director and by an associate of a director of the company

Published: 2022-02-24 15:15:00 ET
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Vukile Property Fund Limited (JSE:VKE) News - Dealings in securities by a director and by an associate of a director of the company

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 A DIRECTOR AND BY AN ASSOCIATE OF A DIRECTOR OF THE COMPANY


Shareholders are referred to the announcement released on SENS on 26 February 2020, wherein shareholders
were advised that:

-   Emma Rapp, who is the spouse of Laurence Rapp, a director of Vukile, had entered into a zero-cost collar
    hedge in respect of in aggregate 185 000 Vukile shares in two tranches; and
-   Laurence Rapp had entered into a zero-cost collar hedge in respect of in aggregate 562 055 Vukile shares
    in two tranches,

each having a put strike price of R15.80 and a call strike price of R24.50, with expiry dates of 21 February 2022
and 28 February 2022 (collectively the “collars”).

Shareholders are advised that Emma Rapp and Laurence Rapp have entered into an agreement with the
counterparty which will entail the automatic off-market settlement of the collars through the delivery of 373 527
and 373 528 Vukile shares on 21 February 2022 and 28 February 2022, respectively, with no payment being due
by the counterparty to either Emma Rapp or Laurence Rapp.

24 February 2022


JSE equity and debt sponsor                            NSX sponsor
Java Capital                                           IJG Securities (Pty) Ltd

Date: 24-02-2022 05:15:00
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