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Dealings in Securities by an Executive Director and Director of a Major Subsidiary

Published: 2023-10-12 17:55:19 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   DIRECTOR   OF   A   MAJOR
SUBSIDIARY


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

Director                                :   Mr LN Sasse
Company                                 :   Growthpoint Properties Limited
Date of transaction                     :   9 October 2023
Nature of transaction                   :   On-market sale
Number of securities                    :   396 055
Class of securities                     :   Ordinary Shares
Weighted average price                  :   R10.12
Highest price                               R10.13
Lowest price                                R10.10
Total value of transaction              :   R4 008 076.60
Nature of interest                      :   Direct, Beneficial
Clearance obtained                      :   Yes

Director                                :   Mr LN Sasse
Company                                 :   Growthpoint Properties Limited
Date of transaction                     :   9 October 2023
Nature of transaction                   :   On-market acquisition
Number of securities                    :   480 975
Class of securities                     :   Ordinary Shares
Weighted average price                  :   R10.12
Highest price                               R10.13
Lowest price                                R10.10
Total value of transaction              :   R4 867 467.00
Nature of interest                      :   Direct, Beneficial
Clearance obtained                      :   Yes

 Mr Sasse had a total of 877 030 executive deferred and retention
 scheme options vest. He exercised all the options of which he
 sold 396 055 to cover the taxation on these options and he
 retained 480 975.

Director of major subsidiary            :   Mr F Schindehütte
Subsidiary Company                      :   Growthpoint Management Services (Pty) Ltd
Date of transaction                     :   9 October 2023
Nature of transaction                   :   On-market sale
Number of securities                    :   67 528
Class of securities                     :   Ordinary Shares
Price                                   :   R10.10
Total value of transaction              :   R682 032.80
Nature of interest                      :   Direct, beneficial
Clearance obtained                  : Yes


Director of major subsidiary       :   Mr F Schindehütte
Company                            :   Growthpoint Properties Limited
Subsidiary Company                 :   Growthpoint Management Services (Pty) Ltd
Date of transaction                :   9 October 2023
Nature of transaction              :   On-market acquisition
Number of securities               :   81 946
Class of securities                :   Ordinary Shares
Price                              :   R10.10
Total value of transaction         :   R827 654.60
Nature of interest                 :   Direct, Beneficial
Clearance obtained                 :   Yes

Mr Schindehütte had a total of 149 474 executive deferred and
retention scheme options vest. He exercised all the options of
which he sold 67 528 to cover the taxation on these options and he
retained 81 946.




Sandton
12 October 2023

Sponsor: Investec Bank Limited