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GROWTHPOINT PROPERTIES LIMITED - Director's Dealings

Release Date: 06/12/2013 12:55
Code(s): GRT     PDF:  
Wrap Text
Director's Dealings

Growthpoint Properties Limited
Incorporated in the Republic of South Africa)
Registration number 1987/004988/06
ISIN: ZAE000179420
JSE Share code: GRT
"Growthpoint”)


DEALING IN SECURITIES BY A GROWTHPOINT DIRECTOR OF A MAJOR SUBSIDIARY

In compliance with the JSE Limited Listings Requirements, the following information
disclosed.

Director of a Subsidiary                 : Mr Rudolph Pienaar
Company                                  : Growthpoint Properties Limited
Subsidiary Company                         Growthpoint Management Services (Pty) Ltd
Date of transaction                      : 5 December 2013
Nature of transaction                    : On-market sale of ordinary shares pursuant
                                           to the exercise on 5 December 2013 of
                                           41,250 nil    cost   options    awarded    on
                                           1 September 2009, 46,369 nil cost options
                                           awarded on 1 September 2010, 25,281 nil cost
                                           options awarded on 1 September 2011 and
                                           16,225 nil    cost   options    awarded    on
                                           1 September 2013   in       terms   of    the
                                           Growthpoint Staff Incentive Scheme
Number of securities                     : 51,649
Class of securities                      : Ordinary Shares
Volume-weighted average purchase price   : R23.35
Total value of transaction               : R1,206,004.15
Nature of interest                       : Direct, beneficial
Clearance obtained                       : Yes


Director of Subsidiary                   : Mr Rudolph Pienaar
Company                                  : Growthpoint Properties Limited
Subsidiary Company                         Growthpoint Management Services (Pty) Ltd
Date of transaction                      : 5 December 2013
Nature of transaction                    : Off-market acquisition of ordinary shares
                                           pursuant to the exercise on 5 December 2013
                                           of 41,250 nil cost options awarded on
                                           1 September 2009, 46,369 nil cost options
                                           awarded on 1 September 2010, 25,281 nil cost
                                           options awarded on 1 September 2011 and
                                           16,225   nil    cost    options   awarded  on
                                           1 September 2013     in       terms   of  the
                                           Growthpoint Staff Incentive Scheme
Number of securities                     : 77,476
Class of securities                      : Ordinary Shares
Volume-weighted average purchase price   : R23.40
Total value of transaction               : R1,812,938.40
Nature of interest                       : Direct, beneficial
Clearance obtained                       : Yes



Sandton
6 December 2013

Sponsor:
Investec Bank Limited

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