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GROWTHPOINT PROPERTIES LIMITED - Directors dealings

Release Date: 17/12/2013 15:16
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 DIRECTOR OF A MAJOR SUBSIDIARY OF GROWTHPOINT AND BY AN
ASSOCIATE OF A DIRECTOR OF A MAJOR SUBSIDIARY

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

Director of a Subsidiary                 :   Mrs ME Steinau
Company                                  :   Growthpoint Properties Limited
Subsidiary Companies                     :   Paramount Properties Limited; and
                                         :   Metboard Properties Limited
Date of transaction                      :   12 December 2013
Nature of transaction                    :   On-market sale of ordinary shares pursuant
                                             to the exercise on 13 December 2013 of
                                             25,258 nil cost options awarded  on
                                             1 September 2010 and 197 nil cost options
                                             awarded on 1 September 2011 in terms of the
                                             Growthpoint Staff Incentive Scheme
Number of securities                     :   10,182
Class of securities                      :   Ordinary Shares
Selling Price                            :   R22.62
Total value of transaction               :   R230,316.84
Nature of interest                       :   Indirect, beneficial
Clearance obtained                       :   Yes

Associate of Subsidiary Director         :   Mrs Me Steinau - DER Steinau Trust
Company                                  :   Growthpoint Properties Limited
Subsidiary Companies                     :   Paramount Properties Limited; and
                                         :   Metboard Properties Limited
Date of transaction                      :   12 December 2013
Nature of transaction                    :   Off-market acquisition of ordinary shares
                                             pursuant to the exercise on 13 December 2013
                                             of 25,258 nil cost options awarded on
                                             1 September 2010 and 197 nil cost options
                                             awarded on 1 September 2011 in terms of the
                                             Growthpoint Staff Incentive Scheme
Number of securities                     :   15,273
Class of securities                      :   Ordinary Shares
Purchase Price                           :   R22.65
Total value of transaction               :   R345,933.45
Nature of interest                       :   Indirect, beneficial
Clearance obtained                       :   Yes


Sandton

17 December 2013
Sponsor: Investec Bank Limited

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