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GROWTHPOINT PROPERTIES LIMITED - Dealings by Directors, a Directors Associate, a Director of a Major Subsidiary and the Company Secretary

Release Date: 07/09/2016 16:30
Code(s): GRT     PDF:  
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Dealings by Directors, a Director’s Associate, a Director of a Major Subsidiary and the 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, A DIRECTOR’S ASSOCIATE, AN
EXECUTIVE OF A MAJOR GROWTHPOINT SUBSIDIARY AND THE COMPANY SECRETARY

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


Executive                               :   Mr G Muchanya
Company                                 :   Growthpoint Properties Limited
Subsidiary Company                          Growthpoint Management Services (Pty)
                                            Ltd
Date of transaction                     :   6 September 2016
Nature of transaction                   :   On-market sale of ordinary shares
                                            pursuant   to   the   exercise   on   6
                                            September   2016 of   53,005 nil   cost
                                            options awarded under the Growthpoint
                                            Staff Incentive Scheme.
Number of securities                    :   21,733
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R25.71
Highest trading price                   :   R25.71
Lowest trading price                    :   R25.70
Total value of transaction              :   R558,711.96
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                     :   6 September 2016
Nature of transaction                   :   Off-market acquisition of ordinary
                                            shares pursuant to the exercise on 6
                                            September 2016 of 53,005 nil cost
                                            options awarded under the Growthpoint
                                            Staff Incentive Scheme.
Number of securities                    :   31,272
Class of securities                     :   Ordinary Shares
Purchase price                          :   R25.52
Total value of transaction              :   R798,061.44
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Company Secretary                       :   Mr RA Krabbenhöft
Company                                 :   Growthpoint Properties Limited
Date of transaction                     :   6 September 2016
Nature of transaction                   :   On-market sale of ordinary shares
                                            pursuant   to   the   exercise on   6
                                            September 2016 of 31,891 nil cost
                                            options awarded under the Growthpoint
                                            Staff Incentive Scheme.
Number of securities                    :   12,757
Class of securities                     :   Ordinary Shares
Selling price                           :   R25.87
Total value of transaction              :   R330,023.59
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Company Secretary                       :   Mr RA Krabbenhöft
Company                                 :   Growthpoint Properties Limited
Date of transaction                     :   6 September 2016
Nature of transaction                   :   Off-market acquisition of ordinary
                                            shares pursuant to the exercise on 6
                                            September 2016 of 31,891 nil cost
                                            options awarded under the Growthpoint
                                            Staff Incentive Scheme.
Number of securities                    :   19,134
Class of securities                     :   Ordinary Shares
Purchase price                          :   R25.64
Total value of transaction              :   R490,595.76
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Director                                :   Mr E K de Klerk
Company                                 :   Growthpoint Properties Limited
Date of transaction                     :   6 September 2016
Nature of transaction                   :   On-market sale of ordinary shares
                                            pursuant   to   the   exercise on   6
                                            September 2016 of 177,197 nil cost
                                            options awarded under the Growthpoint
                                            Staff Incentive Scheme.
Number of securities                    :   72,650
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R25.91
Highest trading price                   :   R25.96
Lowest trading price                    :   R25.85
Total value of transaction              :   R1,882,143.55
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Associate of Director                   :   E & K de Klerk Family Trust
Director                                :   Mr E K de Klerk
Company                                 :   Growthpoint Properties Limited
Date of transaction                     :   6 September 2016
Nature of transaction                   :   Off-market acquisition of ordinary
                                            shares pursuant to the exercise by the
                                            Director on 6 September 2016 of
                                            177,197 nil cost options awarded under
                                            the    Growthpoint   Staff   Incentive
                                            Scheme.
Number of securities                    :   104,547
Class of securities                     :   Ordinary Shares
Purchase price                          :   R25.52
Total value of transaction              :   R2,668,039.44
Nature of interest of Director          :   Indirect, beneficial
Clearance obtained                      :   Yes
Director                                :   Mr G Völkel
Company                                 :   Growthpoint Properties Limited
Date of transaction                     :   6 September 2016
Nature of transaction                   :   On-market sale of ordinary shares
                                            pursuant   to   the   exercise on   6
                                            September 2016 of 29,131 nil cost
                                            options awarded under the Growthpoint
                                            Staff Incentive Scheme.
Number of securities                    :   11,944
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R25.57
Highest trading price                   :   R25.55
Lowest trading price                    :   R25.30
Total value of transaction              :   R305,396.14
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Director                                :   Mr G Völkel
Company                                 :   Growthpoint Properties Limited
Date of transaction                     :   6 September 2016
Nature of transaction                   :   Off-market acquisition of ordinary
                                            shares pursuant to the exercise on 6
                                            September 2016 of 29,131 nil cost
                                            options awarded under the Growthpoint
                                            Staff Incentive Scheme.
Number of securities                    :   17,187
Class of securities                     :   Ordinary Shares
Purchase price                          :   R25.52
Total value of transaction              :   R438,612.24
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes




Sandton

7 September 2016
Sponsor: Investec Bank Limited

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