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Hyprop directors’ long-term incentive shares vest

September 22, 2025 at 09:02 PM UTCBy FilingReader AI

Hyprop Investments Limited announced the vesting of retention shares under its conditional unit plan, with three directors accepting significant share allocations. The vesting, which occurs five years from the award date, took place on September 19, 2025.

Morne Wilken, Brett Till, and Wilhelm Nauta each received ordinary shares at a price of R47.55 per security. Wilken accepted 36,000 shares, totaling R1,711,800. Till received 26,925 shares, valued at R1,280,284, while Nauta accepted 25,657 shares, amounting to R1,219,990.

All transactions were off-market acceptances of shares vested under the plan, representing a direct beneficial interest for each director. Clearance to deal was received for all three individuals. The announcement was released on September 22, 2025, and sponsored by Java Capital.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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