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GROWTHPOINT PROPERTIES LIMITED - Dealings in securities by an executive of a major Growthpoint subsidiary

Release Date: 07/03/2017 15:20
Code(s): GRT     PDF:  
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Dealings in securities by an executive of a major Growthpoint subsidiary

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 AN EXECUTIVE OF A MAJOR GROWTHPOINT SUBSIDIARY

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


Executive                                    :   Mr A Davis
Company                                      :   Growthpoint Properties Limited
Subsidiary Company                               Growthpoint Management Services (Pty)
                                                 Ltd
Date of transaction                          :   6 March 2017
Nature of transaction                        :   On-market sale of ordinary shares
                                                 pursuant    to    the    exercise   on
                                                 6 March 2017   of   16,914   nil  cost
                                                 options awarded under the Growthpoint
                                                 Staff Incentive Scheme.
Number of securities                         :   16,914
Class of securities                          :   Ordinary Shares
Selling price                                :   R26.85
Total value of transaction                   :   R454,140.90
Nature of interest                           :   Direct, beneficial
Clearance obtained                           :   Yes




Executive                                    :   Mr S Le Roux
Company                                      :   Growthpoint Properties Limited
Subsidiary Company                               Growthpoint Management Services (Pty)
                                                 Ltd
Date of transaction                          :   7 March 2017
Nature of transaction                        :   On-market sale of ordinary shares
                                                 pursuant    to    the    exercise   on
                                                 7 March 2017   of   110,390  nil  cost
                                                 options awarded under the Growthpoint
                                                 Staff Incentive Scheme.
Number of securities                         :   110,390
Class of securities                          :   Ordinary Shares
Volume-weighted average selling price        :   R27.01
Highest trading price                        :   R27.05
Lowest trading price                         :   R27.00
Total value of transaction                   :   R2,981,633.90
Nature of interest                           :   Direct, beneficial
Clearance obtained                           :   Yes



Sandton

7 March 2017
Sponsor: Investec Bank Limited

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