SA CORPORATE REAL ESTATE LIMITED - Dealings in securities by a director of SA Corporate

Dealings in securities by a director of SA Corporate

SA Corporate Real Estate Limited
(Incorporated in the Republic of South Africa)
(Registration number 2015/015578/06)
Share code: SAC ISIN: ZAE000203238
(Approved as a REIT by the JSE)
("SA Corporate" or "the Company")

DEALINGS IN SECURITIES BY A DIRECTOR OF SA CORPORATE

In compliance with paragraphs 3.63 to 3.66 of the JSE Limited Listings Requirements, SA Corporate hereby
announces the following transaction in securities by a director of SA Corporate:

 Name and Surname:                                    TR Mackey
 Designation:                                         Director
 Nature of interest:                                  Direct beneficial
 Date of transaction:                                 22 November 2022
 Class of securities:                                 Ordinary shares
 Number of securities:                                2 829 072
 Vesting price per security:                          R 2.2147
 Value of transaction:                                R 6 265 601.84
 Nature of transaction:                               58.4% vesting of two-thirds of forfeitable performance
                                                      shares awarded in 2020 and 58.4% vesting of one-third
                                                      of forfeitable performance shares awarded in 2021 in
                                                      terms of SA Corporate's Forfeitable Share Plan (off
                                                      market)*
 
 Class of securities:                                 Ordinary shares
 Number of securities:                                1 274 082
 Average price per security:                          R 2.2147
 Highest price per share:                             R 2.2500
 Lowest price per share:                              R 2.2100
 Value of the transaction:                            R 2 821 736.65
 Nature of transaction:                               On-market sale of ordinary shares to settle tax
                                                      obligations arising from the proportional vesting of Mr
                                                      TR Mackey’s 2020 and 2021 forfeitable performance
                                                      shares.

*Following Mr TR Mackey reaching the Company’s retirement age of 61, Mr Mackey became eligible to receive
as proportionate vesting of his unvested forfeitable performance shares. Mr Mackey’s employment contract has
since been renewed for a further period from 29 September 2022 to 31 December 2023.

In terms of paragraph 3.66 of the Listings Requirements, the necessary clearance to deal has been obtained for
the transactions set out above.

23 November 2022
Johannesburg

Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 23-11-2022 05:20:00
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