EQUITES PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2013/080877/06)
JSE share code: EQU ISIN: ZAE000188843
JSE alpha code: EQUI
(Approved as a REIT by the JSE)
(“Equites” or “the Company”)



DEALINGS IN SECURITIES BY A DIRECTOR OF THE COMPANY AND AN AMENDMENT TO
EXISTING FINANCE ARRANGEMENTS OF AN ASSOCIATE OF A DIRECTOR OF THE
COMPANY


Shareholders and noteholders are advised of the following information relating to dealings in securities by a
director of Equites:

Name of director:                                      Riaan Gous
Date of transaction:                                   9 February 2024
Class of securities:                                   Ordinary shares
Number of securities:                                  250 000
Highest traded price on the market on the day:         R14.00
Weighted average price per security:                   R13.8816
Lowest traded price on the market on the day:          R13.85
Total value of transaction:                            R3 470 400.00
Nature of transaction:                                 On-market sale
Nature and extent of director’s interest:              Direct beneficial
Clearance to deal received:                            Yes

Name of director:                                      Riaan Gous
Date of transaction:                                   12 February 2024
Class of securities:                                   Ordinary shares
Number of securities:                                  250 000
Highest traded price on the market on the day:         R14.00
Weighted average price per security:                   R13.8418
Lowest traded price on the market on the day:          R13.80
Total value of transaction:                            R3 460 450.00
Nature of transaction:                                 On-market sale
Nature and extent of director’s interest:              Direct beneficial
Clearance to deal received:                            Yes

Following the above-mentioned sales, Riaan Gous’s total shareholding in Equites (both direct and indirect)
will be 3 169 462 shares, comprising c. 0.41% of the Company’s issued share capital.

Shareholders are further advised that on 13 February 2024 GRG Investments Proprietary Limited (“GRG
Investments”) agreed terms to amend the existing R18 000 000 three-year loan (the “Loan”) concluded with
Investec Bank Limited (as detailed in the announcement released on 8 December 2021) by the reduction of
the Loan to R13 409 256.18 (the “Amendment”). In terms of the Amendment, the security agreement related
to the Loan has been revised by a reduction in the number of Equites shares that are pledged as security to
2 782 993 shares.
As Riaan Gous is a director and sole shareholder of GRG Investments, the Amendment constitutes a dealing
in securities by an associate of a director. The transaction was conducted off-market and clearance was
obtained.

14 February 2024


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