EQUITES PROPERTY FUND LIMITED - Dealings in securities by directors of Equites

Dealings in securities by directors of Equites

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 DIRECTORS OF EQUITES


Following the decision by all three executive directors to defer the vesting of their February 2020 conditional
share awards in terms of the rules of the Equites Conditional Share Plan ("CSP"), shareholders are advised of
the following information relating to the issue of shares under the CSP.

The rules of the CSP allow participants to defer the vesting of the applicable tranche of shares by a further
24 months which will result in the conditional awards increasing on a 3-for-1 basis by the issue of matching
shares ("the Matching Facility") provided that the participant remains in the Company's employment and
does not sell any of the shares in that tranche for these further 24 months. The following directors have elected
to defer vesting in respect of their February 2020 conditional share awards and accordingly the shares issued
will be pledged to the Company for a further 24 months:

Name of director:                                  Andrea Taverna-Turisan
Date of transaction:                               1 June 2023
Class of securities:                               Ordinary shares
Number of securities:                              215 671
Price per security:                                R19.04
Total value of transaction:                        R4 106 375.84
Nature of transaction:                             Off-market issue and pledge of shares in terms of the CSP
Nature and extent of director's interest:          Direct beneficial
Clearance to deal received:                        Yes

Name of director:                                  Riaan Gous
Date of transaction:                               1 June 2023
Class of securities:                               Ordinary shares
Number of securities:                              150 608
Price per security:                                R19.04
Total value of transaction:                        R2 867 576.32
Nature of transaction:                             Off-market issue and pledge of shares in terms of the CSP
Nature and extent of director's interest:          Direct beneficial
Clearance to deal received:                        Yes

Name of director:                                  Laila Razack
Date of transaction:                               1 June 2023
Class of securities:                               Ordinary shares
Number of securities:                              18 067
Price per security:                                R19.04
Total value of transaction:                        R343 995.68
Nature of transaction:                             Off-market issue and pledge of shares in terms of the CSP
Nature and extent of director's interest:          Direct beneficial
Clearance to deal received:                        Yes

2 June 2023


Sponsor
Java Capital

Debt sponsor
Nedbank Corporate and Investment Banking,
(a division of Nedbank Limited) 

Date: 02-06-2023 02:00:00
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