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Dealings in securities by an Executive Director

Published: 2022-09-22 09:02:31 ET
<<<  go to JSE:GRT company page
Growthpoint Properties Limited
Approved as a REIT by the JSE
Incorporated in the Republic of South Africa)
Registration number 1987/004988/06
ISIN: ZAE000179420
JSE Share code: GRT
("Growthpoint”)


DEALINGS IN SECURITIES BY AN EXECUTIVE DIRECTOR

Mr Völkel had a total of 59 508 Executive Retention Scheme shares vest. He
exercised all the options of which he sold 26 874 to cover the taxation on
these options and he retained 32 634.

Under the company’s minimum shareholding requirements, introduced two years
ago, Mr Völkel is required to hold shares to the equivalent of 100% of his
fixed remuneration. As of 30 June 2022, Mr Völkel has a shareholding of 272 232
shares equating to 94% of his fixed remuneration. Directors have a period of 5
years from the adoption of the policy to accumulate their holdings.

In compliance with the JSE Listings Requirements, the following information is
disclosed.


Director                             :   Mr G Völkel
Company                              :   Growthpoint Properties Limited
Date of transaction                  :   20 September 2022
Nature of transaction                :   On-market sale
Number of securities                 :   26 874
Class of securities                  :   Ordinary Shares
Price                                :   R12.75
Total value of transaction           :   R342 643.50
Nature of interest                   :   Direct, Beneficial
Clearance obtained                   :   Yes

Director                             :   Mr G Völkel
Company                              :   Growthpoint Properties Limited
Date of transaction                  :   20 September 2022
Nature of transaction                :   On-market acquisition
Number of securities                 :   32 634
Class of securities                  :   Ordinary Shares
Price                                :   R12.75
Total value of transaction           :   R416 083.50
Nature of interest                   :   Direct, Beneficial
Clearance obtained                   :   Yes



Sandton

22 September 2022
Sponsor: Investec Bank Limited