BALWIN PROPERTIES LIMITED - Consolidation of Prescribed Officers Interest

Consolidation of Prescribed Officer’s Interest

Balwin Properties Limited
(Incorporated in the Republic of South Africa)
Registration number 2003/028851/06
Share code: BWN
ISIN: ZAE000209532
(“Balwin” or “the Group” or “the Company”)



CONSOLIDATION OF PRESCRIBED OFFICER’S INTEREST



Shareholders are advised that Rodney Gray (“Mr Gray”), the Managing Director of Balwin,
disposed of his personal shareholding in the Company to Rodna Investments (Pty) Ltd, of which
he is the sole director and he and related family entities are the sole shareholders.

The rationale for the transaction is that Mr Gray is consolidating his shareholding into the holding
company which holds the balance of his interests in Balwin.

In compliance with the JSE Limited Listings Requirements, the following information regarding the
dealing in securities is disclosed:


 Name of prescribed officer:           Rodney Norman Gray
 Designation:                          Managing Director
 Name of company:                      Balwin Properties Limited
 Date of transaction:                  10 August 2022
 Number of shares:                     456 410
 Price per share:                      R2.60
 Total value:                          R1 186 666
 Nature of transaction:                Disposal of shares by Mr Gray to his associate (off market
                                       transaction)
 Nature of interest:                   Change from direct beneficial to indirect beneficial
 Clearance obtained:                   Yes




 Corlett Drive
 12 August 2022

 Sponsor
 Investec Bank Limited

Date: 12-08-2022 07:30:00
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