SPEAR REIT LIMITED - Dealings In Spear Shares By Associate Of A Director

Dealings In Spear Shares By Associate Of A Director

SPEAR REIT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2015/407237/06)
Share Code: SEA
ISIN ZAE000228995
Approved as a REIT by the JSE
(“Spear” or “the Company”)

DEALINGS IN SPEAR SHARES BY ASSOCIATE OF A DIRECTOR

In compliance with Sections 3.63 to 3.74 of the JSE Limited
Listings Requirements the following information regarding the
dealing in securities is disclosed:

NAME OF DIRECTOR              Abubaker Varachhia

COMPANY OF WHICH I AM A       Spear REIT Limited
DIRECTOR

STATUS: EXECUTIVE/NON-        Non-executive
EXECUTIVE

TYPE OF SECURITIES            Ordinary shares in Spear

NATURE OF TRANSACTION         Acquisition of shares in Spear
                              by an associate of a director
                              (on-market transaction)

DATE OF TRANSACTION (DATE OF  02 February 2018
PURCHASE OF SECURITIES)

PURCHASE PRICE PER SECURITY   High         930 cents
                              Low          920 cents
                              Average      926 cents

NUMBER OF SECURITIES          177 728
TRANSACTED

TOTAL RAND VALUE OF           R1 646 550
SECURITIES TRANSACTED

NAME OF ASSOCIATE             Mtshobela Capital Holdings
                              Proprietary Limited

RELATIONSHIP WITH DIRECTOR    Director and a beneficiary and
                              trustee of the sole
                              shareholder

NATURE AND EXTENT OF          Indirect, beneficial
INTEREST IN THE TRANSACTION

CLEARANCE OBTAINED IN TERMS   Yes
OF SECTION 3.66 OF THE JSE
LISTINGS REQUIREMENTS


Durbanville
5 February 2018

Sponsor
PSG Capital

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