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GROWTHPOINT PROPERTIES LIMITED - Dealings in securities by executive directors, directors/executives of a major subsidiary and company secretary

Release Date: 06/04/2016 13:30
Code(s): GRT     PDF:  
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Dealings in securities by executive directors, directors/executives of a major subsidiary and company secretary

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 EXECUTIVE DIRECTORS, DIRECTORS/EXECUTIVES OF A MAJOR
SUBSIDIARY AND COMPANY SECRETARY

In compliance with the JSE Limited Listings Requirements, the following
information is disclosed pursuant to the exercise by the stated officials of a
one-fifth tranche of their respective reducing strike price options awarded to
them on 1 April 2014 under Growthpoint’s Key Staff Retention Scheme, 50% of which
tranche became unfettered on 1 April 2016.


Director                                :   Mr L N Sasse
Company                                 :   Growthpoint Properties Limited
Date of transaction                     :   4 April 2016
Nature of transaction                   :   On-market sale
Number of securities                    :   241,034
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R24.48
Highest trading price                   :   R24.58
Lowest trading price                    :   R24.40
Total value of transaction              :   R5,900,512.32
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Director                                :   Mr E K de Klerk
Company                                 :   Growthpoint Properties Limited
Date of transaction                     :   4 April 2016
Nature of transaction                   :   On-market sale
Number of securities                    :   59,295
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R24.48
Highest trading price                   :   R24.58
Lowest trading price                    :   R24.40
Total value of transaction              :   R1,451,541.60
Nature of interest of Director          :   Direct, beneficial
Clearance obtained                      :   Yes


Director                                :   Mr E K de Klerk
Company                                 :   Growthpoint Properties Limited
Date of transaction                     :   4 April 2016
Nature of transaction                   :   Off-market acquisition
Number of securities                    :   85,326
Class of securities                     :   Ordinary Shares
Purchase price                          :   R24.55
Total value of transaction              :   R2,094,753.30
Nature of interest                      :   Indirect, beneficial
Clearance obtained                      :   Yes
Director of a major subsidiary          :   Mr S A le Roux
Company                                 :   Growthpoint Properties Limited
Subsidiary company                      :   Growthpoint Management Services
                                            Pty)Ltd
Date of transaction                     :   4 April 2016
Nature of transaction                   :   On-market sale
Number of securities                    :   105,454
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R24.48
Highest trading price                   :   R24.58
Lowest trading price                    :   R24.40
Total value of transaction              :   R2,581,513.92
Nature of interest of Director          :   Direct, beneficial
Clearance obtained                      :   Yes


Director of a major subsidiary          :   Mr R G Pienaar
Company                                 :   Growthpoint Properties Limited
Subsidiary company                      :   Growthpoint Management Services
                                            (Pty)Ltd
Date of transaction                     :   4 April 2016
Nature of transaction                   :   On-market sale
Number of securities                    :   43,236
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R24.48
Highest trading price                   :   R24.58
Lowest trading price                    :   R24.40
Total value of transaction              :   R1,058,417.28
Nature of interest of Director          :   Direct, beneficial
Clearance obtained                      :   Yes


Director of a major subsidiary          :   Mr R G Pienaar
Company                                 :   Growthpoint Properties Limited
Subsidiary company                      :   Growthpoint Management Services
                                            (Pty)Ltd
Date of transaction                     :   4 April 2016
Nature of transaction                   :   Off-market acquisition
Number of securities                    :   62,217
Class of securities                     :   Ordinary Shares
Purchase price                          :   R24.55
Total value of transaction              :   R1,527,427.35
Nature of interest                      :   Indirect, beneficial
Clearance obtained                      :   Yes


Director of a major subsidiary          :   Mr E Binedell
Company                                 :   Growthpoint Properties Limited
Subsidiary company                      :   Growthpoint Management Services
                                            (Pty)Ltd
Date of transaction                     :   4 April 2016
Nature of transaction                   :   On-market sale
Number of securities                    :   75,324
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R24.48
Highest trading price                   :   R24.58
Lowest trading price                    :   R24.40
Total value of transaction              :   R1,843,931.52
Nature of interest of Director          :   Direct, beneficial
Clearance obtained                      :   Yes
Executive                               :   Mr G Muchanya
Company                                 :   Growthpoint Properties Limited
Subsidiary company                      :   Growthpoint Management Services (Pty)
                                            Ltd
Date of transaction                     :   4 April 2016
Nature of transaction                   :   On-market sale
Number of securities                    :   19,765
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R24.48
Highest trading price                   :   R24.58
Lowest trading price                    :   R24.40
Total value of transaction              :   R483,847.20
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Executive                               :   Mr G Muchanya
Company                                 :   Growthpoint Properties Limited
Subsidiary company                      :   Growthpoint Management Services (Pty)
                                            Ltd
Date of transaction                     :   4 April 2016
Nature of transaction                   :   Off-market acquisition
Number of securities                    :   28,442
Class of securities                     :   Ordinary Shares
Purchase price                          :   R24.55
Total value of transaction              :   R698,251.10
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Executive                               :   Mr A Davis
Company                                 :   Growthpoint Properties Limited
Subsidiary company                      :   Growthpoint Management Services (Pty)
                                            Ltd
Date of transaction                     :   4 April 2016
Nature of transaction                   :   On-market sale
Number of securities                    :   60,259
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R24.48
Highest trading price                   :   R24.58
Lowest trading price                    :   R24.40
Total value of transaction              :   R1,475,140.32
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Executive                               :   Ms D Bouma
Company                                 :   Growthpoint Properties Limited
Subsidiary company                      :   Growthpoint Management Services (Pty)
                                            Ltd
Date of transaction                     :   4 April 2016
Nature of transaction                   :   On-market sale
Number of securities                    :   16,162
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R24.48
Highest trading price                   :   R24.58
Lowest trading price                    :   R24.40
Total value of transaction              :   R395,645.76
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes
Executive                               :   Mr D Stoll
Company                                 :   Growthpoint Properties Limited
Subsidiary company                      :   Growthpoint Management Services (Pty)
                                            Ltd
Date of transaction                     :   4 April 2016
Nature of transaction                   :   On-market sale
Number of securities                    :   30,130
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R24.48
Highest trading price                   :   R24.58
Lowest trading price                    :   R24.40
Total value of transaction              :   R737,582.40
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Executive                               :   Mr G de Klerk
Company                                 :   Growthpoint Properties Limited
Subsidiary company                      :   Growthpoint Management Services (Pty)
                                            Ltd
Date of transaction                     :   4 April 2016
Nature of transaction                   :   On-market sale
Number of securities                    :   30,130
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R24.48
Highest trading price                   :   R24.58
Lowest trading price                    :   R24.40
Total value of transaction              :   R737,582.40
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Executive                               :   Ms N Kuzmanich
Company                                 :   Growthpoint Properties Limited
Subsidiary company                      :   Growthpoint Management Services (Pty)
                                            Ltd
Date of transaction                     :   4 April 2016
Nature of transaction                   :   On-market sale
Number of securities                    :   18,078
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R24.48
Highest trading price                   :   R24.58
Lowest trading price                    :   R24.40
Total value of transaction              :   R442,549.44
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Executive                               :   Mr P Kollenberg
Company                                 :   Growthpoint Properties Limited
Subsidiary company                      :   Growthpoint Management Services (Pty)
                                            Ltd
Date of transaction                     :   4 April 2016
Nature of transaction                   :   On-market sale
Number of securities                    :   18,060
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R24.48
Highest trading price                   :   R24.58
Lowest trading price                    :   R24.40
Total value of transaction              :   R442,108.80
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes
Executive                               :   Mr S Theunissen
Company                                 :   Growthpoint Properties Limited
Subsidiary company                      :   Growthpoint Management Services (Pty)
                                            Ltd
Date of transaction                     :   4 April 2016
Nature of transaction                   :   On-market sale
Number of securities                    :   2,886
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R24.48
Highest trading price                   :   R24.58
Lowest trading price                    :   R24.40
Total value of transaction              :   R70,649.28
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Executive                               :   Mr S Theunissen
Company                                 :   Growthpoint Properties Limited
Subsidiary company                      :   Growthpoint Management Services (Pty)
                                            Ltd
Date of transaction                     :   4 April 2016
Nature of transaction                   :   Off-market acquisition
Number of securities                    :   4,153
Class of securities                     :   Ordinary Shares
Purchase price                          :   R24.55
Total value of transaction              :   R101,956.15
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Company Secretary                       :   Mr R A Krabbenhöft
Company                                 :   Growthpoint Properties Limited
Date of transaction                     :   4 April 2016
Nature of transaction                   :   On-market sale
Number of securities                    :   9,883
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R24.48
Highest trading price                   :   R24.58
Lowest trading price                    :   R24.40
Total value of transaction              :   R241,935.84
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Company Secretary                       :   Mr RA Krabbenhöft
Company                                 :   Growthpoint Properties Limited
Date of transaction                     :   4 April 2016
Nature of transaction                   :   Off-market acquisition
Number of securities                    :   14,221
Class of securities                     :   Ordinary Shares
Purchase price                          :   R24.55
Total value of transaction              :   R349,125.55
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Sandton

6 April 2016
Sponsor: Investec Bank Limited

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