SPEAR REIT LIMITED - Dealings by Associates of a Director

Dealings by Associates of a Director

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

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, details of the dealings
in securities by associates of Quintin Michael Rossi (“Director”) are disclosed in the tables below.

Two associates of the Director, namely Evlah Investments Proprietary Limited (“Evlah”) and Stretsons
Capital Limited (“Stretsons”), acquired Spear shares in various on market transactions. In addition to such
acquisitions, Evlah transferred a number of Spear shares held by it to Stretsons, as part of an internal
restructuring of the Director’s family investment portfolio, solely for purposes of estate planning, which
transfer does not affect the aggregate shareholding of the Director and his associates in Spear.

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                              (1)   Purchase of shares by an associate of the
                                                           director (on-market transactions)
                                                     (2)   Purchase of shares by an associate of the
                                                           director from another associate of the director
                                                           (off-market transaction)

 DATE OF TRANSACTIONS                                27 June 2023

 PRICE OF SECURITY                                   (1)   Average: R7.1629
                                                           High: R7.24
                                                           Low: R7.15
                                                     (2)   R7.23

 NUMBER OF SECURITIES TRANSACTED                     (1)   6 500
                                                     (2)   9 305

 TOTAL RAND VALUE OF SECURITIES                      (1)   R46 558.56
 TRANSACTED                                          (2)   R67 275.15

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

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

 NATURE AND EXTENT OF INTEREST IN THE                Indirect, beneficial
 TRANSACTION

2.
 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                             (1)   Purchase of shares by an associate of the
                                                          director (on-market transaction)
                                                    (2)   Purchase of shares by an associate of the
                                                          director (on-market transaction)
                                                    (3)   Sale of shares by an associate of the director
                                                          to another associate of the director (on-market
                                                          transaction)

 DATES OF TRANSACTIONS                              (1)   23 June 2023
                                                    (2)   27 June 2023
                                                    (3)   27 June 2023

 PRICE PER SECURITY                                 (1)   R7.25
                                                    (2)   R7.15
                                                    (3)   R7.23

 NUMBER OF SECURITIES TRANSACTED                    (1)   1 655
                                                    (2)   5 000
                                                    (3)   9 305

 TOTAL RAND VALUE OF SECURITIES                     (1)   R11 998.75
 TRANSACTED                                         (2)   R35 750.00
                                                    (3)   R67 275.15

 NAME OF ASSOCIATE                                  Evlah Investments 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
 TRANSACTIONS

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

Cape Town
29 June 2023

Sponsor
PSG Capital

Date: 29-06-2023 01:20:00
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