TEXTON PROPERTY FUND LIMITED - Dealings in securities by a director

Dealings in securities by a director

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 A DIRECTOR


In compliance with sections 3.63 to 3.65 of the Listings Requirements of the JSE Limited, the following information
relating to the dealing in securities by a director of the Company is disclosed in relation to the acceptance of
options under the Texton Share Incentive Scheme:


 Name of director:                                          Nic Morris
 Name of company:                                           Texton Property Fund Limited
 Transaction date:                                          22 March 2016
 Class of securities:                                       Ordinary shares
 Number of shares:                                          1,968,504
 Price per share:                                           R11.43
 Transaction value:                                         R22,500,000

 Nature of the transaction:                                 Acceptance of share options at a strike price of R11.43
                                                            under the Texton Share Incentive Scheme (off market)

 Vesting period:                                            75% after four years and 25% after five years from the
                                                            grant date of 22 March 2016

 Nature of interest:                                        Direct, beneficial

 Clearance obtained:                                        Yes


Dunkeld West
30 March 2016

Investment Bank and Sponsor
Investec Bank Limited

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