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STOR-AGE:  1,546   -5 (-0.32%)  29/09/2026 19:00

STOR-AGE PROPERTY REIT LIMITED - Dealings in Securities

Release Date: 29/09/2026 14:45
Code(s): SSS STOR01 STOR02     PDF:  
Wrap Text
Dealings in Securities

Stor-Age Property REIT Limited
Incorporated in the Republic of South Africa
Registration number 2015/168454/06
Share Code: SSS ISIN: ZAE000208963
Alpha code: SSSI
Approved as a REIT by the JSE
(“Stor-Age” or the “Company”)


DEALINGS IN SECURITIES

In compliance with the JSE Listings Requirements and Debt and Specialist Securities Listings Requirements,
the following information is disclosed:

1. EXECUTIVE DIRECTORS OF THE COMPANY

Executive director:                                     Gavin Lucas
Nature of transaction:                                  Off-market acceptance of performance shares
                                                        awarded in terms of the Conditional Share Plan
Nature of interest:                                     Direct beneficial
Class of securities                                     Ordinary shares of no par value
Date of award:                                          28 September 2026
Date of acceptance of award:                            29 September 2026
Number of performance shares awarded:                   491 703
Price per share:                                        R15.51*
Total value of award:                                   R7 626 313.53
Vesting date:                                           1 September 2029**
Clearance to deal received:                             Yes


Executive director:                                     Stephen Lucas
Nature of transaction:                                  Off-market acceptance of performance shares
                                                        awarded in terms of the Conditional Share Plan
Nature of interest:                                     Direct beneficial
Class of securities                                     Ordinary shares of no par value
Date of award:                                          28 September 2026
Date of acceptance of award:                            29 September 2026
Number of performance shares awarded:                   491 703
Price per share:                                        R15.51*
Total value of award:                                   R7 626 313.53
Vesting date:                                           1 September 2029**
Clearance to deal received:                             Yes


Executive director:                                     Steven Horton
Nature of transaction:                                  Off-market acceptance of performance shares
                                                        awarded in terms of the Conditional Share Plan
Nature of interest:                                     Direct beneficial
Class of securities                                     Ordinary shares of no par value
Date of award:                                          28 September 2026
Date of acceptance of award:                            29 September 2026
Number of performance shares awarded:                   491 703
Price per share:                                        R15.51*
Total value of award:                                   R7 626 313.53
Vesting date:                                           1 September 2029**
Clearance to deal received:                             Yes


2. EXECUTIVE DIRECTORS OF BETTERSTORE SELF STORAGE HOLDINGS LIMITED
   (MAJOR SUBSIDIARY OF THE COMPANY)

Executive director:                                     Terrance Doman
Nature of transaction:                                  Off-market acceptance of performance shares
                                                        awarded in terms of the Conditional Share Plan
Nature of interest:                                     Direct beneficial
Class of securities                                     Ordinary shares of no par value
Date of award:                                          28 September 2026
Date of acceptance of award:                            29 September 2026
Number of performance shares awarded:                   130 000
Price per share:                                        R15.51*
Total value of award:                                   R2 016 300.00
Vesting date:                                           1 September 2029**
Clearance to deal received:                             Yes


Executive director:                                     Rachel Hand
Nature of transaction:                                  Off-market acceptance of performance shares
                                                        awarded in terms of the Conditional Share Plan
Nature of interest:                                     Direct beneficial
Class of securities                                     Ordinary shares of no par value
Date of award:                                          28 September 2026
Date of acceptance of award:                            29 September 2026
Number of performance shares awarded:                   130 000
Price per share:                                        R15.51*
Total value of award:                                   R2 016 300.00
Vesting date:                                           1 September 2029**
Clearance to deal received:                             Yes


*     Equal to the closing share price on 28 September 2026
**    The above assumes that the performance conditions have been deemed satisfied by the Stor-Age
      remuneration committee. If not deemed satisfied by 1 September 2029, then the vesting date will
      be the date upon which this is finalised by the remuneration committee.


Cape Town
29 September 2026

Equity Sponsor
Investec Bank Limited

Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Date: 29/09/2026 02:45:00
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