Try our mobile app

Dealings in securities by an Executive Director

Published: 2022-09-30 15:20:25 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” the “company”)


DEALINGS IN SECURITIES BY AN EXECUTIVE DIRECTOR

Mr EK de Klerk had a total of 25 406 Executive Retention Scheme shares vest. He
exercised all the options of which he sold 11 473 to cover the taxation on
these options and he retained 13 933.

Under the company’s minimum shareholding requirements, introduced two years
ago, Mr de Klerk is required to hold shares to the equivalent of 100% of his
fixed remuneration. As of 30 June 2022, Mr de Klerk has a shareholding of
3 234 484 shares equating to 811% 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 EK de Klerk
Company                              :   Growthpoint Properties Limited
Date of transaction                  :   28 September 2022
Nature of transaction                :   On-market sale
Number of securities                 :   11 473
Class of securities                  :   Ordinary Shares
Price                                :   R11.76
Total value of transaction           :   R134 922.48
Nature of interest                   :   Direct, Beneficial
Clearance obtained                   :   Yes

Director                             :   Mr EK de Klerk
Company                              :   Growthpoint Properties Limited
Date of transaction                  :   28 September 2022
Nature of transaction                :   On-market acquisition
Number of securities                 :   13 933
Class of securities                  :   Ordinary Shares
Price                                :   R11.76
Total value of transaction           :   R163 852.08
Nature of interest                   :   Direct, Beneficial
Clearance obtained                   :   Yes



Sandton

30 September 2022
Sponsor: Investec Bank Limited