SPEAR REIT LIMITED - Cautionary Announcement

Cautionary Announcement

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”)

CAUTIONARY ANNOUNCEMENT

Shareholders are hereby advised that Spear is in advanced negotiations in relation to a
proposed transaction regarding a potential property disposal, which, if successfully
concluded, may have a material effect on the price of Spear’s securities.

Shareholders are advised to exercise caution when dealing in Spear’s securities until a full
announcement is made or the cautionary is withdrawn.

Cape Town
10 November 2021

Sponsor
PSG Capital

Date: 10-11-2021 04:15:00
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