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Dealings in securities by Executive Directors

Published: 2022-10-07 09:53:48 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 EXECUTIVE DIRECTORS

Mr LN Sasse had a total of 516 384 Executive Share Scheme shares vest. He
exercised all the options of which he sold 233 193 to cover the taxation on
these options and he retained 283 191.

Under the company’s minimum shareholding requirements, introduced two years
ago, Mr Sasse is required to hold shares to the equivalent of 200% of his fixed
remuneration. As of 30 June 2022, Mr Sasse has a shareholding of
2 880 644 shares equating to 561% of his fixed remuneration.

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

Director                             :   Mr LN Sasse
Company                              :   Growthpoint Properties Limited
Date of transaction                  :   4 October 2022
Nature of transaction                :   On-market sale
Number of securities                 :   233 193
Class of securities                  :   Ordinary Shares
Price                                :   R11.79
Total value of transaction           :   R2 749 345.47
Nature of interest                   :   Direct, Beneficial
Clearance obtained                   :   Yes

Director                             :   Mr LN Sasse
Company                              :   Growthpoint Properties Limited
Date of transaction                  :   4 October 2022
Nature of transaction                :   On-market acquisition
Number of securities                 :   283 191
Class of securities                  :   Ordinary Shares
Price                                :   R11.79
Total value of transaction           :   R3 338 821,89
Nature of interest                   :   Direct, Beneficial
Clearance obtained                   :   Yes

Mr EK de Klerk had a total of 398 863 Executive Share Scheme shares vest.
He exercised all the options of which he sold 180 121 to cover the
taxation on these options and he retained 218 742.

Minimum Shareholding requirements for Mr EK de Klerk were disclosed on 30
September 2022.

Director                             : Mr EK de Klerk
Company                              : Growthpoint Properties Limited
Date of transaction                  : 3 October 2022
Nature of transaction                : On-market sale
Number of securities                 : 180 121
Class of securities                  : Ordinary Shares
Highest price                        : R11.79
Lowest price                         : R11.77
Selling price                          R11.77
Total value of transaction           : R2 120 024.17
Nature of interest                     Direct, Beneficial
Clearance obtained                   : Yes

Director                             :   Mr EK de Klerk
Company                              :   Growthpoint Properties Limited
Date of transaction                  :   3 October 2022
Nature of transaction                :   On-market acquisition
Number of securities                 :   218 742
Class of securities                  :   Ordinary Shares
Price                                :   R11.77
Total value of transaction           :   R2 574 593.34
Nature of interest                   :   Direct, Beneficial
Clearance obtained                   :   Yes


Mr G Völkel had a total of 193 322 Executive Share Scheme shares vest. He
exercised all the options of which he sold 87 303 to cover the taxation
on these options and he retained 106 019.

Minimum Shareholding requirements for Mr Völkel were disclosed on 22
September 2022.

Director                             : Mr G Völkel
Company                              : Growthpoint Properties Limited
Date of transaction                  : 4 October 2022
Nature of transaction                : On-market sale
Number of securities                 : 87 303
Class of securities                  : Ordinary Shares
Highest Price                        : R11.81
Lowest price                           R11.79
Selling price                          R11.80
Total value of transaction           : R1 030 175.40
Nature of interest                   : Direct, Beneficial
Clearance obtained                   : Yes

Director                             :   Mr G Völkel
Company                              :   Growthpoint Properties Limited
Date of transaction                  :   4 October 2022
Nature of transaction                :   On-market acquisition
Number of securities                 :   106 019
Class of securities                  :   Ordinary Shares
Price                                :   R11.80
Total value of transaction           :   R1 251 024.20
Nature of interest                   :   Direct, Beneficial
Clearance obtained                   :   Yes



Sandton

7 October 2022
Sponsor: Investec Bank Limited