SPEAR REIT LIMITED - Funding Transaction By A Director Of The Company

Funding Transaction By A Director Of The Company

SPEAR REIT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2015/407237/06)
Share Code: SEA
ISIN: ZAE000228995
LEI: 378900F76170CCB33C50
Approved as a REIT by the JSE
(“Spear” or “the Company”)

FUNDING TRANSACTION BY A DIRECTOR OF THE COMPANY

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
following information regarding the dealing in securities is disclosed:

NAME OF DIRECTOR                                Christiaan Barnard

COMPANY OF WHICH A DIRECTOR                     Spear REIT Limited

STATUS: EXECUTIVE                               Executive

DATE OF TRANSACTION                             6 August 2021

NATURE OF TRANSACTION                           Loan funding

TERM OF LOAN FUNDING                            No fixed term

AMOUNT OF LOAN FUNDING                          R1 450 000

NUMBER OF SECURITIES OFFERED AS                 308 506*
SECURITY, GUARANTEE, COLLATERAL
OR OTHERWISE

VALUE OF SECURITIES OFFERED AS R2 017 629.24**
SECURITY, GUARANTEE, COLLATERAL
OR OTHERWISE

DEEMED VALUE PER SECURITY                       R6.54

TYPE AND CLASS OF SECURITIES                    Ordinary shares

ON MARKET /OFF MARKET                           Off-market

NATURE AND EXTENT OF INTEREST IN                Indirect, beneficial
THE TRANSACTION

* The director has provided additional collateral to supplement the 308 506 Spear shares.
** Value of the Spear shares subject to the loan funding.

Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.

Cape Town
11 August 2021

Sponsor
PSG Capital

Date: 11-08-2021 05:00:00
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