Share Scheme

The current valuation of the SANEC Property is R 52 500 000 (based on a value of R 250 per square meter)

• Shares will only be issued to Voting Members of the Kyalami Park Club who are in good standing
• A total of 7 200 shares are available for issue to Members, at a price of R 5 250
• No Member may acquire more than 500 shares
• Members must ensure their membership with the Kyalami Park Club remains in good standing for the entire period that they own the Shares
• All Members whose membership of the Kyalami Park Club is in good standing, will be entitled to purchase shares at a cost of R 5 250
• All other details pertaining to the Share Investment Opportunity and the management of the company are contained in the Memorandum of Incorporation, which will be available on the company website
• In the case of Members being Minors, Legal Guardians / Parents nominated as Custodian Members, in accordance with the Kyalami Park Club’s Constitution, may purchase shares on the Minor’s behalf with all Terms and Conditions as stated herein still applying
• Where a Full Adult Member is also classified as a Custodian Member for a Full Child or Junior Member, such Member may only acquire a maximum of 500 shares.

Some of the suggested projects utilising these funds include:

• Clubhouse Extension
• Permanent Stalls
• Security Control Room
• Additional Offices
• VIP Marquee
• Conference Venue
• Refurbishment of Stables
• Kiosks / Judges Boxes
• Retail Component
• Upgrade Indoor Facilities and Seating
• Sports Club Facilities: Tennis, Cycling, Gym, Running
• Auction Sales Facilities
• Veterinary Surgery