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GROWTHPOINT PROPERTIES LIMITED - Directors dealings

Release Date: 11/12/2013 16:00
Code(s): GRT     PDF:  
Wrap Text
Directors dealings

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   A   GROWTHPOINT    DIRECTOR   AND   A   DIRECTOR   OF   A
MAJOR GROWTHPOINT SUBSIDIARY

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

Director                                 :   Mr Norbert Sasse
Company                                  :   Growthpoint Properties Limited
Date of transaction                      :   10 December 2013
Nature of transaction                    :   On-market sale of ordinary shares pursuant
                                             to the exercise on 11 December 2013 of
                                             137,172 nil    cost   options  awarded   on
                                             1 September 2008, 140,644 nil cost options
                                             awarded on 1 September 2009, 122,727 nil
                                             cost options awarded on 1 September 2010,
                                             62,842 nil    cost   options   awarded   on
                                             1 September 2011, 449,208 nil cost options
                                             awarded on 1 April 2012 and 32,451 nil cost
                                             options awarded on 1 September 2013 in
                                             terms of the Growthpoint Staff Incentive
                                             Scheme
Number of securities                     :   378,014
Class of securities                      :   Ordinary Shares
Selling Price                            :   R23.19
Total value of transaction               :   R8,766,144.66
Nature of interest                       :   Direct, beneficial
Clearance obtained                       :   Yes


Director                                 :   Mr Norbert Sasse
Company                                  :   Growthpoint Properties Limited
Date of transaction                      :   10 December 2013
Nature of transaction                    :   Off-market acquisition of ordinary shares
                                             pursuant to the exercise on 11 December 2013
                                             of 137,172 nil cost options awarded on
                                             1 September 2008, 140,644 nil cost options
                                             awarded on 1 September 2009, 122,727 nil
                                             cost options awarded on 1 September 2010,
                                             62,842 nil    cost   options   awarded    on
                                             1 September 2011, 449,208 nil cost options
                                             awarded on 1 April 2012 and 32,451 nil cost
                                             options awarded on 1 September 2013 in
                                             terms of the Growthpoint Staff Incentive
                                             Scheme
Number of securities                     :   567,028
Class of securities                      :   Ordinary Shares
Purchase Price                           :   R23.37
Total value of transaction               :   R13,251,444.36
Nature of interest                       :   Direct, beneficial
Clearance obtained                       :   Yes




Director of a Subsidiary                 : Mr Engelbert Binedell
Company                                  : Growthpoint Properties Limited
Subsidiary Company                       : Growthpoint Management Services (Pty) Ltd
Date of transaction                      : 10 December 2013
Nature of transaction                    : On-market sale of ordinary shares pursuant
                                           to the exercise on 11 December 2013 of
                                           3,750 nil    cost    options     awarded   on
                                           1 September 2009, 25,642 nil cost options
                                           awarded on 1 September 2010, 18,431 nil cost
                                           options awarded on 1 September 2011 and
                                           11,682 nil    cost   options     awarded   on
                                           1 September 2013   in        terms    of  the
                                           Growthpoint Staff Incentive Scheme
Number of securities                     : 23,801
Class of securities                      : Ordinary Shares
Selling Price                            : R23.19
Total value of transaction               : R551,945.19
Nature of interest                       : Direct, beneficial
Clearance obtained                       : Yes


Director of Subsidiary                   : Mr Engelbert Binedell
Company                                  : Growthpoint Properties Limited
Subsidiary Company                       : Growthpoint Management Services (Pty) Ltd
Date of transaction                      : 10 December 2013
Nature of transaction                    : Off-market acquisition of ordinary shares
                                           pursuant to the exercise on 11 December 2013
                                           of   3,750 nil   cost   options   awarded  on
                                           1 September 2009, 25,642 nil cost options
                                           awarded on 1 September 2010, 18,431 nil cost
                                           options awarded on 1 September 2011 and
                                           11,682 nil    cost    options    awarded   on
                                           1 September 2013    in       terms   of   the
                                           Growthpoint Staff Incentive Scheme
Number of securities                      : 35,705
Class of securities                       : Ordinary Shares
Purchase Price                            : R23.37
Total value of transaction                : R834,425.85
Nature of interest                        : Direct, beneficial
Clearance obtained                        : Yes


Sandton

11 December 2013
Sponsor: Investec Bank Limited

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