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GROWTHPOINT PROPERTIES LIMITED - Dealings in securities by executives of a major Growthpoint subsidiary and an executives associate

Release Date: 09/09/2016 08:30
Code(s): GRT     PDF:  
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Dealings in securities by executives of a major Growthpoint subsidiary and an executive’s associate

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 EXECUTIVES OF A MAJOR GROWTHPOINT SUBSIDIARY AND AN
EXECUTIVE’S ASSOCIATE

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


Executive                                    :   Mr D Stoll
Company                                      :   Growthpoint Properties Limited
Subsidiary Company                               Growthpoint Management Services (Pty)
                                                 Ltd
Date of transaction                          :   7 September 2016
Nature of transaction                        :   On-market sale of ordinary shares
                                                 pursuant   to   the   exercise   on   7
                                                 September   2016 of   37,879 nil   cost
                                                 options awarded under the Growthpoint
                                                 Staff Incentive Scheme.
Number of securities                         :   15,530
Class of securities                          :   Ordinary Shares
Volume-weighted average selling price        :   R26.28
Highest trading price                        :   R26.30
Lowest trading price                         :   R26.26
Total value of transaction                   :   R408,174.99
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                          :   7 September 2016
Nature of transaction                        :   Off-market acquisition of ordinary
                                                 shares pursuant to the exercise on 7
                                                 September 2016 of 37,879 nil cost
                                                 options awarded under the Growthpoint
                                                 Staff Incentive Scheme.
Number of securities                         :   22,349
Class of securities                          :   Ordinary Shares
Purchase price                               :   R26.32
Total value of transaction                   :   R588,225.68
Nature of interest                           :   Direct, beneficial
Clearance obtained                           :   Yes




Executive                                    :   Mr E Binedell
Company                                      :   Growthpoint Properties Limited
Subsidiary Company                               Growthpoint Management Services (Pty)
                                                 Ltd
Date of transaction                          :   7 September 2016
Nature of transaction                        :   On-market sale of ordinary shares
                                                 pursuant   to   the   exercise on   7
                                                 September 2016 of 75,256 nil cost
                                                 options awarded under the Growthpoint
                                                 Staff Incentive Scheme.
Number of securities                         :   30,856
Class of securities                          :   Ordinary Shares
Volume-weighted average selling price        :   R26.43
Highest trading price                        :   R26.47
Lowest trading price                         :   R26.40
Total value of transaction                   :   R815,585.79
Nature of interest                           :   Direct, beneficial
Clearance obtained                           :   Yes


Executive                                    :   Mr E Binedell
Company                                      :   Growthpoint Properties Limited
Subsidiary Company                               Growthpoint Management Services (Pty)
                                                 Ltd
Date of transaction                          :   7 September 2016
Nature of transaction                        :   Off-market acquisition of ordinary
                                                 shares pursuant to the exercise on 7
                                                 September 2016 of 75,256 nil cost
                                                 options awarded under the Growthpoint
                                                 Staff Incentive Scheme.
Number of securities                         :   44,400
Class of securities                          :   Ordinary Shares
Purchase price                               :   R26.27
Total value of transaction                   :   R1,166,388.00
Nature of interest                           :   Direct, beneficial
Clearance obtained                           :   Yes


Executive                                    :   Mr R G Pienaar
Executive’s Associate                        :   Pienaar Familie Trust
Company                                      :   Growthpoint Properties Limited
Subsidiary Company                               Growthpoint Management Services (Pty)
                                                 Ltd
Date of transaction                          :   7 September 2016
Nature of transaction                        :   Off-market acquisition of ordinary
                                                 shares by the Associate pursuant to
                                                 the exercise by Mr. Pienaar, on 7
                                                 September 2016, of 123,131 nil cost
                                                 options awarded under the Growthpoint
                                                 Staff Incentive Scheme.
Number of securities                         :   123,131
Class of securities                          :   Ordinary Shares
Purchase price                               :   R26.13
Total value of transaction                   :   R3,217,413.00
Nature of interest                           :   Indirect, beneficial
Clearance obtained                           :   Yes


Sandton

9 September 2016
Sponsor: Investec Bank Limited

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