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SPEAR REIT LIMITED - Dealings By Associates of a Director and Prescribed Officers of the Company

Release Date: 07/06/2023 11:05
Code(s): SEA     PDF:  
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Dealings By Associates of a Director and Prescribed Officers of the Company

SPEAR REIT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2015/407237/06)
Share Code: SEA
ISIN: ZAE000228995
LEI: 378900F76170CCB33C50
Approved as a REIT by the JSE
(“Spear” or “the Company”)

DEALINGS BY ASSOCIATES OF A DIRECTOR AND PRESCRIBED OFFICERS OF THE
COMPANY

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following
information regarding the dealings in securities is disclosed:
1.
  NAME OF DIRECTOR                                Quintin Michael Rossi

 COMPANY OF WHICH A DIRECTOR                     Spear REIT Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive

 TYPE AND CLASS OF SECURITIES                    Ordinary shares

 NATURE OF TRANSACTIONS                          Purchase of shares by an
                                                 associate of the director
                                                 (on-market transaction)                      (1)

                                                 Purchase of shares by an
                                                 associate of the director
                                                 (on-market transaction)                      (2)

 DATE OF TRANSACTIONS                            6 June 2023                                  (1-2)

 PRICE PER SECURITY (CENTS)                      700                                          (1)

                                                 700                                          (2)

 NUMBER OF SECURITIES TRANSACTED                 9 000                                        (1)

                                                 1 450                                        (2)

 TOTAL RAND VALUE OF SECURITIES                  R63 000.00                                   (1)
 TRANSACTED
                                                 R10 150.00                                   (2)

 NAME OF ASSOCIATE                               Stretsons Capital Limited a Global Business
                                                 Company incorporated under the laws of the Republic
                                                 of Mauritius                                 (1)

                                                 Evlah Investments Proprietary Limited        (2)

 RELATIONSHIP WITH DIRECTOR                      Director is a director of the associate and a
                                                 beneficiary and trustee of the associate’s sole
                                                 shareholder                                  (1)

                                                 Director is a director of the
                                                 associate and a beneficiary and trustee of the
                                                 associate’s sole shareholder                 (2)

 NATURE AND EXTENT OF INTEREST IN                Indirect, beneficial                         (1-2)
 THE TRANSACTIONS


2.
 NAME OF DIRECTOR                               Christiaan Barnard

 COMPANY OF WHICH A DIRECTOR                    Spear REIT Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                Executive

 TYPE AND CLASS OF SECURITIES                   Ordinary shares

 NATURE OF TRANSACTION                          Purchase of shares by an
                                                associate of the director
                                                (on-market transaction)

 DATE OF TRANSACTION                            6 June 2023

 PRICE PER SECURITY (CENTS)                     700

 NUMBER OF SECURITIES TRANSACTED                10 000

 TOTAL RAND VALUE OF SECURITIES                 R70 000.00
 TRANSACTED

 NAME OF ASSOCIATE                              CBJB Investments Proprietary Limited

 RELATIONSHIP WITH DIRECTOR                     Director is a director and a shareholder of
                                                the associate

 NATURE AND EXTENT OF INTEREST IN THE           Indirect, beneficial
 TRANSACTION


3.
 NAME OF DIRECTOR                              Abubaker Varachhia

 COMPANY OF WHICH A DIRECTOR                   Spear REIT Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE               Non-executive

 TYPE AND CLASS OF SECURITIES                  Ordinary shares

 NATURE OF TRANSACTION                         Purchase of shares by an
                                               associate of the director
                                               (on-market transaction)

 DATE OF TRANSACTION                           6 June 2023

 PRICE PER SECURITY (CENTS)                    700

 NUMBER OF SECURITIES TRANSACTED               200 000

 TOTAL RAND VALUE OF SECURITIES                R1 400 000.00
 TRANSACTED

 NAME OF ASSOCIATE                             Mtshobela Capital Holdings
                                               Proprietary Limited

 RELATIONSHIP WITH DIRECTOR                    Director is a director
                                               and a shareholder of the associate

 NATURE AND EXTENT OF INTEREST IN THE          Indirect, beneficial
 TRANSACTION


4.
 NAME OF DIRECTOR                              Michael Naftali Flax

 COMPANY OF WHICH A DIRECTOR                   Spear REIT Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE               Non-executive

 TYPE AND CLASS OF SECURITIES                  Ordinary shares

 NATURE OF TRANSACTION                         Purchase of shares by an
                                               associate of the director
                                              (on-market transaction)

 DATE OF TRANSACTION                          6 June 2023

 PRICE PER SECURITY (CENTS)                   700

 NUMBER OF SECURITIES TRANSACTED              200 000

 TOTAL RAND VALUE OF SECURITIES               R1 400 000.00
 TRANSACTED

NAME OF ASSOCIATE                             Easy Shoes Proprietary Limited

RELATIONSHIP WITH DIRECTOR                    Director is a director of the associate and a
                                              beneficiary and trustee of the associate’s sole
                                              shareholder

NATURE AND EXTENT OF INTEREST IN THE          Indirect, beneficial
TRANSACTION


5.
 NAME OF DIRECTOR                             Brian Leon Goldberg

 COMPANY OF WHICH A DIRECTOR                  Spear REIT Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE              Non-executive

 TYPE AND CLASS OF SECURITIES                 Ordinary shares

 NATURE OF TRANSACTION                        Purchase of shares by an
                                              associate of the director
                                              (on-market transaction)

 DATE OF TRANSACTION                           6 June 2023

 PRICE PER SECURITY (CENTS)                    700
 NUMBER OF SECURITIES TRANSACTED               14 280

 TOTAL RAND VALUE OF SECURITIES                R99 960.00
 TRANSACTED

 NAME OF ASSOCIATE                             Jenben Trust

 RELATIONSHIP WITH DIRECTOR                    Director is a beneficiary of the associate

 NATURE AND EXTENT OF INTEREST IN THE          Indirect, beneficial
 TRANSACTION


6.
 NAME OF PRESCRIBED OFFICER                    Clifford Wade Toerien

 COMPANY OF WHICH A PRESCRIBED                 Spear REIT Limited
 OFFICER

 TYPE AND CLASS OF SECURITIES                  Ordinary shares

 NATURE OF TRANSACTION                         Purchase of shares by a prescribed officer
                                              (On-market transaction)

 DATE OF TRANSACTION                           6 June 2023

 PRICE PER SECURITY (CENTS)                    700

 NUMBER OF SECURITIES TRANSACTED               10 000

 TOTAL RAND VALUE OF SECURITIES                R70 000.00
 TRANSACTED

 NATURE AND EXTENT OF INTEREST IN             Direct, beneficial
 THE TRANSACTION


7.
 NAME OF PRESCRIBED OFFICER                   Kim Pfaff-Karg

 COMPANY OF WHICH A PRESCRIBED                Spear REIT Limited
 OFFICER

 TYPE AND CLASS OF SECURITIES                 Ordinary shares

 NATURE OF TRANSACTION                        Purchase of shares by a prescribed officer
                                             (On-market transaction)

 DATE OF TRANSACTION                          6 June 2023

 PRICE PER SECURITY (CENTS)                   700

 NUMBER OF SECURITIES TRANSACTED              10 000

 TOTAL RAND VALUE OF SECURITIES               R70 000.00
 TRANSACTED

 NATURE AND EXTENT OF INTEREST IN             Direct, beneficial
 THE TRANSACTION

Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.

Cape Town
7 June 2023

Sponsor
PSG Capital

Date: 07-06-2023 11:05:00
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