TEXTON PROPERTY FUND LIMITED - Dealing in securities by directors

Dealing in securities by directors

TEXTON PROPERTY FUND LIMITED
Granted REIT status by the JSE
(Incorporated in the Republic of South Africa)
Registration number: 2005/019302/06
JSE code: TEX
ISIN: ZAE000190542
(“Texton” or “the Company”)


DEALING IN SECURITIES BY DIRECTORS


Texton shareholders (“Shareholders”) are advised that pursuant to the rights offer undertaken by Texton, which
closed on Friday, 2 October 2015, certain directors of Texton, who collectively own 17.76% of Texton’s issued
share capital, have followed their rights, as a result of which they have acquired the number of shares indicated
against their names below:


 Name of director:                                         AN Du Hecquet de Rauville
 Transaction date:                                         5 October 2015
 Class of shares:                                          Ordinary
 Number of shares:                                         430 423
                                                           Ordinary
 Price per share:                                          R9.86
 Total value of transaction:                               R4 243 970.78
 Nature of the transaction:                                Acquisition in terms of rights offer
 Nature and extent of director's interest:                 Indirect beneficial
 Clearance to deal obtained:                               Yes


 Name of director:                                         MJ van Heerden
 Transaction date:                                         5 October 2015
 Class of shares:                                          Ordinary
 Number of shares:                                         4 034 499
 Price per share:                                          R9.86
 Total value of transaction:                               R39 780 160.14
 Nature of the transaction:                                Acquisition in terms of rights offer
 Nature and extent of director's interest:                 Indirect beneficial
 Clearance to deal obtained:                               Yes


 Name of director:                                         JA Legh
 Transaction date:                                         5 October 2015
 Class of shares:                                          Ordinary
 Number of shares:                                         2 674 783
 Price per share:                                          R9.86
 Total value of transaction:                               R26 373 360.38                                             
 Nature of the transaction:                                Acquisition in terms of rights offer
 Nature and extent of director's interest:                 Direct beneficial
 Clearance to deal obtained:                               Yes


 Name of director:                                          PD Naidoo
 Transaction date:                                          5 October 2015
 Class of shares:                                           Ordinary
 Number of shares:                                          R3 998 816
 Price per share:                                           R9.86
 Total value of transaction:                                39 428 325.76
 Nature of the transaction:                                 Acquisition in terms of rights offer
 Nature and extent of director's interest:                  Indirect beneficial
 Clearance to deal obtained:                                Yes


 Name of director:                                          RB Makhubela
 Transaction date:                                          5 October 2015
 Class of shares:                                           Ordinary
 Number of shares:                                          6 619 085
 Price per share:                                           R9.86
 Total value of transaction:                                R65 264 178.10
 Nature of the transaction:                                 Acquisition in terms of rights offer
 Nature and extent of director's interest:                  Indirect beneficial
 Clearance to deal obtained:                                Yes


Shareholders are further advised that JA Legh has entered into an agreement with Handful of Keys Proprietary
Limited (“HoK”), an entity in which AN Du Hecquet de Rauville has an indirect holding, in terms of which JA Legh
will sell 507 295 shares, of the total 2 674 783 shares to which he was entitled, at a price of R9.86 per Texton
share to HoK. The results of the aforementioned transaction are set out below:


 Name of director:                                           AN Du Hecquet de Rauville
 Transaction date:                                           5 October 2015
 Class of shares:                                            Ordinary
 Number of shares:                                           507 295
 Price per share:                                            R9.86
 Total value of transaction:                                 R5 001 928.70
 Nature of the transaction:                                  Off-market acquisition of shares
 Nature and extent of director's interest:                   Indirect beneficial
 Clearance to deal obtained:                                 Yes



 Name of director:                                           JA Legh                                            
 Transaction date:                                           5 October 2015
 Class of shares:                                            Ordinary
 Number of shares:                                           507 295
 Price per share:                                            R9.86
 Total value of transaction:                                 R5 001 928.70
 Nature of the transaction:                                  Off-market disposal of shares
 Nature and extent of director's interest:                   Direct beneficial
 Clearance to deal obtained:                                 Yes


Dunkeld West
6 October 2015

Investment Bank and Sponsor
Investec Bank Limited




                                          

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