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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 30 323 Executive Retention Scheme shares vest. He
exercised all the options of which he sold 13 694 to cover the taxation on
these options and he retained 16 629.
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 2023, Mr Völkel has a shareholding of 409 887
shares equating to 105% 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 : 29 September 2023
Nature of transaction : On-market sale
Number of securities : 13 694
Class of securities : Ordinary Shares
Price : R10.35
Total value of transaction : R141 732.90
Nature of interest : Direct, Beneficial
Clearance obtained : Yes
Director : Mr G Völkel
Company : Growthpoint Properties Limited
Date of transaction : 29 September 2023
Nature of transaction : On-market acquisition
Number of securities : 16 629
Class of securities : Ordinary Shares
Price : R10.35
Total value of transaction : R172 110.15
Nature of interest : Direct, Beneficial
Clearance obtained : Yes
Sandton
4 October 2023
Sponsor: Investec Bank Limited
