SPEAR REIT LIMITED - Dealings by Associates of a Director and a Director

Dealings by Associates of a Director and a Director

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”)

DEALINGS BY ASSOCIATES OF A DIRECTOR AND A DIRECTOR

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

1.
 NAME OF DIRECTOR                                          Quintin Michael Rossi

 COMPANY OF WHICH A DIRECTOR                               Spear REIT Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                           Executive

 TYPE AND CLASS OF SECURITIES                              Ordinary shares

 NATURE OF TRANSACTIONS                                    Purchase of shares by an
                                                           associate of the director
                                                           (on-market transaction)                 (1)

                                                           Purchase of shares by an
                                                           associate of the director
                                                           (on-market transaction)                 (2)

 DATES OF TRANSACTIONS                                     15 November 2021                        (1)
                                                           16 November 2021                        (1)
                                                           17 November 2021                        (1)
                                                           18 November 2021                        (1)

                                                           15 November 2021                        (2)
                                                           16 November 2021                        (2)

 PRICE PER SECURITY (CENTS)                                678                                     (1)

                                                           High:740                                (1)
                                                           Low:700
                                                           Average:704.32

                                                           712                                     (1)

                                                           High:738                                (1)
                                                           Low:717
                                                           Average:722.48

                                                           678                                     (2)

                                                           720                                     (2)

 NUMBER OF SECURITIES TRANSACTED                           1000                                    (1)
                                                           12 293                                  (1)
                                                           1 700                                   (1)
                                                           4 300                                   (1)

                                                           1500                                    (2)

                                                           500                                     (2)

 TOTAL RAND VALUE OF SECURITIES                            R6 780.00                               (1)
 TRANSACTED                                                R86 581.80                              (1)
                                                           R12 104.00                              (1)
                                                           R31 066.58                              (1)

                                                           R10 170.00                              (2)
                                                           R3 600.00                               (2)

 NAME OF ASSOCIATES                                        Rosvest Proprietary Limited             (1)

                                                           Evlah Investments Proprietary Limited   (2)


 RELATIONSHIP WITH DIRECTOR                                Director is a director of the associate,
                                                           a director of a shareholder of the associate
                                                           and a beneficiary and trustee of ultimate
                                                           shareholder of the associate            (1)

                                                           Director is a director of the
                                                           associate and a beneficiary and trustee of a
                                                           shareholder of the associate            (2)

 NATURE AND EXTENT OF INTEREST IN THE                      Indirect, beneficial                    (1)
 TRANSACTION                                               Indirect, beneficial                    (2)


2.
 NAME OF DIRECTOR                                          Niclas Kjellstrom Matseke

 COMPANY OF WHICH A DIRECTOR                               Spear REIT Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                           Non-executive

 TYPE AND CLASS OF SECURITIES                              Ordinary shares

 NATURE OF TRANSACTION                                     Disposal of shares by a director
                                                           (on-market transaction)

 DATE OF TRANSACTION                                       16 November 2021

 PRICE PER SECURITY (CENTS)                                High: 740
                                                           Low: 700
                                                           Average: 735.41

 NUMBER OF SECURITIES TRANSACTED                           610 000

 TOTAL RAND VALUE OF SECURITIES                            R4 486 000.00
 TRANSACTED

 NATURE AND EXTENT OF INTEREST IN THE                      Direct, beneficial
 TRANSACTION

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

Cape Town
19 November 2021

Sponsor
PSG Capital

Date: 19-11-2021 05:15:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.