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GROWTHPOINT PROPERTIES LIMITED - Dealing in securities by company secretary and executives of a major subsidiary

Release Date: 28/11/2013 17:15
Code(s): GRT     PDF:  
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Dealing in securities by company secretary and executives of a major subsidiary

Growthpoint Properties Limited

REIT Status Approved

(Incorporated in the Republic of South Africa)

Registration number 1987/004988/06

ISIN: ZAE000179420

JSE Share code: GRT

("Growthpoint”)



DEALING IN SECURITIES     BY   GROWTHPOINT’S   COMPANY   SECRETARY   AND   EXECUTIVES   OF   A

MAJOR SUBSIDIARY



In compliance with the JSE Limited Listings Requirements, the following information is

disclosed:



Company Secretary                          : Mr Roland Krabbenhöft

Company                                    : Growthpoint Properties Limited

Subsidiary Company

Date of transaction                        : 26 November 2013

Nature of transaction                      : Off-market acquisition of ordinary shares

                                             pursuant      to    the      exercise     on

                                             26 November 2013 of 4,687 nil cost options

                                             awarded on 1 September 2009, 6,033 nil cost

                                             options   awarded   on   1 September   2010,

                                             6,844 nil    cost   options    awarded    on

                                             1 September 2011 and 3,894 nil cost options

                                             awarded on 1 September 2012 in      terms of

                                             the Growthpoint Staff Incentive Scheme

Number of securities                       : 21,458

Class of securities                        : Ordinary Shares

Volume-weighted average purchase price     : R24.82

Total value of transaction                 : R532,587.56

Nature of interest                         : Direct, beneficial

Clearance obtained                         : Yes



Executive of Subsidiary                    : Mr David Stoll

Company                                    : Growthpoint Properties Limited

Subsidiary Company                           Growthpoint Management Services (Pty) Ltd

Date of transaction                        : 28 November 2013

Nature of transaction                      : On-market sale

Number of securities                       : 30,000

Class of securities                        : Ordinary Shares

Volume-weighted average purchase price     : R24.21

Highest trading price                      : R24.23

Lowest trading price                       : R24.20

Total value of transaction                 : R798,869.24

Nature of interest                         : Direct, beneficial

Clearance obtained                         : Yes



Executive of Subsidiary                    : Mr George Muchanya

Company                                    : Growthpoint Properties Limited

Subsidiary Company                           Growthpoint Management Services (Pty) Ltd

Date of transaction                        : 26 November 2013

Nature of transaction                      : On-market sale of 40 % of securities

                                             pursuant      to    the      exercise     on

                                             26 November 2013 of 3,750 nil cost options

                                             awarded on 1 September 2009, 9,183 nil cost

                                             options   awarded  on   1  September   2010,

                                             7,643 nil    cost   options    awarded    on

                                             1 September 2011 and 8,994 nil cost options

                                             awarded on 1 September 2013     in terms of

                                             the Growthpoint Staff Incentive Scheme

Number of securities                       : 11,827

Class of securities                        : Ordinary Shares

Volume-weighted average purchase price     : R24.261

Total value of transaction                 : R286,934.85

Nature of interest                         : Direct, beneficial

Clearance obtained                         : Yes



Executive of Subsidiary                    : Mr George Muchanya

Company                                    : Growthpoint Properties Limited

Subsidiary Company                         Growthpoint Management Services (Pty) Ltd

Date of transaction                      : 26 November 2013

Nature of transaction                    : Off-market    acquisition    of    60 %    of

                                           securities pursuant to the exercise on

                                           26 November 2013 of 3,750 nil cost options

                                           awarded on 1 September 2009, 9,183 nil cost

                                           options   awarded  on   1   September   2010,

                                           7,643 nil    cost    options    awarded    on

                                           1 September 2011 and 8,994 nil cost options

                                           awarded on 1 September 2013      in terms of

                                           the Growthpoint Staff Incentive Scheme

Number of securities                     : 17,743

Class of securities                      : Ordinary Shares

Volume-weighted average purchase price   : R24.82

Total value of transaction               : R440,381.26

Nature of interest                       : Direct, beneficial

Clearance obtained                       : Yes



Executive of a Subsidiary                : Mr George Muchanya

Company                                  : Growthpoint Properties Limited

Subsidiary Company                         Growthpoint Management Services (Pty) Ltd

Date of transaction                      : 27 November 2013

Nature of transaction                    : On-market   sale   of   60 %   of   securities

                                           pursuant      to      the     exercise      on

                                           26 November 2013 of 3,750 nil cost options

                                           awarded on 1 September 2009, 9,183 nil cost

                                           options   awarded   on    1  September   2010,

                                           7,643 nil    cost     options    awarded    on

                                           1 September 2011 and 8,994 nil cost options

                                           awarded on 1 September 2013       in terms of

                                           the Growthpoint Staff Incentive Scheme

Number of securities                     : 17,743

Class of securities                      : Ordinary Shares

Volume-weighted average purchase price   : R24.25

Total value of transaction               : R430,267.75

Nature of interest                       : Direct, beneficial

Clearance obtained                       : Yes



Director                                 :   Mr George Muchanya

Company                                  :   Growthpoint Properties Limited

Subsidiary Company                       :   Growthpoint Management Services (Pty) Ltd

Date of transaction                      :   27 November 2013

Nature of transaction                    :   Off-market purchase of Single Stock Futures

Number of derivatives                    :   50,000

Class of derivatives                     :   Single Stock Futures on Growthpoint

                                             ordinary shares

Contract purchase price per contract

for difference (CFD)                     :   R1,210,000

Total value of transaction               :   R24.20

Nature of interest                       :   Direct, beneficial

Clearance obtained                       :   Yes



Sandton



28 November 2013

Sponsor: Investec Bank Limited


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