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GROWTHPOINT PROPERTIES LIMITED - Dealings in Securities by a Director

Release Date: 22/09/2015 17:00
Code(s): GRT     PDF:  
Wrap Text
Dealings in Securities by a Director

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


DEALINGS IN SECURITIES BY A DIRECTOR

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


Director                                    :   Mr L N Sasse
Company                                     :   Growthpoint Properties Limited
Date of transaction                         :   22 September 2015
Nature of transaction                       :   On-market sale of ordinary shares
                                                pursuant   to   the  exercise  on  22
                                                September 2015 of 526,717 nil cost
                                                options awarded under the Growthpoint
                                                Staff Incentive Scheme.
Number of securities                        :   215,955
Class of securities                         :   Ordinary Shares
Volume-weighted average selling price       :   R26.27
Highest trading price                       :   R26.38
Lowest trading price                        :   R26.20
Total value of transaction                  :   R5,673,137.85
Nature of interest                          :   Direct, beneficial
Clearance obtained                          :   Yes


Director                                    :   Mr L N Sasse
Company                                     :   Growthpoint Properties Limited
Date of transaction                         :   22 September 2015
Nature of transaction                       :   Off-market acquisition of ordinary
                                                shares pursuant to the exercise by the
                                                Director on 22 September 2015 of
                                                526,717 nil cost options awarded under
                                                the    Growthpoint   Staff   Incentive
                                                Scheme.
Number of securities                        :   310,762
Class of securities                         :   Ordinary Shares
Purchase price                              :   R26.49
Total value of transaction                  :   R8,232,085.38
Nature of interest of Director              :   Direct, beneficial
Clearance obtained                          :   Yes




Sandton

22 September 2015
Sponsor: Investec Bank Limited

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