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Dealings in securities by an executive director and a director of a major subsidiary

Published: 2022-10-10 08:50:30 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 AND A DIRECTOR OF A MAJOR
SUBSIDIARY

Mrs NO Chauke had a total of 61 423 Executive Share Scheme shares vest. She
exercised all the options of which he sold 27 749 to cover the taxation on
these options and he retained 33 674.

Under the company’s minimum shareholding requirements, introduced two years
ago, Mrs Chauke is required to hold shares to the equivalent of 50% of her
fixed remuneration. As of 30 June 2022, Mrs Chauke is not compliant to the
minimum requirements.

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

Director                             :   Mrs NO Chauke
Company                              :   Growthpoint Properties Limited
Date of transaction                  :   5 October 2022
Nature of transaction                :   On-market sale
Number of securities                 :   6 162
Class of securities                  :   Ordinary Shares
Price                                :   R11.91
Total value of transaction           :   R73 389.42
Nature of interest                   :   Direct, Beneficial
Clearance obtained                   :   Yes

Director                             :   Mrs NO Chauke
Company                              :   Growthpoint Properties Limited
Date of transaction                  :   5 October 2022
Nature of transaction                :   On-market acquisition
Number of securities                 :   7 482
Class of securities                  :   Ordinary Shares
Price                                :   R11.91
Total value of transaction           :   R89 110.62
Nature of interest                   :   Direct, Beneficial
Clearance obtained                   :   Yes

Director                             :   Mrs NO Chauke
Company                              :   Growthpoint Properties Limited
Date of transaction                  :   6 October 2022
Nature of transaction                :   On-market sale
Number of securities                 :   21 587
Class of securities                  :   Ordinary Shares
Price                                :   R11.9165
Total value of transaction           :   R257 240.97
Nature of interest                   :   Direct, Beneficial
Clearance obtained                   : Yes

Director                             :   Mr NO Chauke
Company                              :   Growthpoint Properties Limited
Date of transaction                  :   6 October 2022
Nature of transaction                :   On-market acquisition
Number of securities                 :   26 192
Class of securities                  :   Ordinary Shares
Price                                :   R11.9165
Total value of transaction           :   R312 116.34
Nature of interest                   :   Direct, Beneficial
Clearance obtained                   :   Yes

Mr Binedell had a total of 195 800 Executive Share Scheme shares vest. He
exercised all the options of which he sold 88 423 to cover the taxation
on these options and he retained 107 377.

Director of major subsidiary         : Mr E Binedell
Company                              : Growthpoint Management Services (Pty) Ltd
Date of transaction                  : 6 October 2022
Nature of transaction                : On-market sale
Number of securities                 : 88 423
Class of securities                  : Ordinary Shares
Highest price                        : R12.00
Lowest price                         : R11.98
Selling price                          R11.9920
Total value of transaction             R1 060 370.35
Nature of interest                     Direct, Beneficial
Clearance obtained                   : Yes

Director of major subsidiary         :   Mr E Binedell
Company                              :   Growthpoint Management Service (Pty) Ltd
Date of transaction                  :   6 October 2022
Nature of transaction                :   On-market acquisition
Number of securities                 :   107 377
Class of securities                  :   Ordinary Shares
Price                                :   R11.9920
Total value of transaction           :   R1 287 667.09
Nature of interest                   :   Direct, Beneficial
Clearance obtained                   :   Yes




Sandton

7 October 2022
Sponsor: Investec Bank Limited