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GROWTHPOINT PROPERTIES LIMITED - Dealings in securities by directors and directors associates, executives of a major subsidiary and share incentive

Release Date: 29/03/2017 16:55
Code(s): GRT
Wrap Text
Dealings in securities by directors and directors’ associates, executives of a major subsidiary and share incentive

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” or "the Company")

DEALINGS IN SECURITIES BY DIRECTORS AND DIRECTORS’ ASSOCIATES, EXECUTIVES
OF A MAJOR SUBSIDIARY AND SHARE INCENTIVE SCHEME TRUST

In compliance with the JSE Limited Listings Requirements, the following
information is disclosed in relation to the distribution reinvestment
alternative in respect of the interim dividend of 95.00 cents per share
for the six months ended 31 December 2016, pursuant to which new
Growthpoint shares were allotted and issued (i.e. as off-market
transactions) at R25.30 per share on 29 March 2017 to the following
parties who elected this alternative:


Director’s Associate            :   E & K de Klerk Family Trust
Director                        :   Mr E K de Klerk
Company                         :   Growthpoint Properties Limited
Date of transaction             :   29 March 2017
Nature of transaction           :   New allotment-Distribution Reinvestment
Number of securities            :   60,026
Class of securities             :   Ordinary Shares
Total value of transaction      :   R1,518,657.80
Nature of interest              :   Indirect, beneficial
Clearance obtained              :   Yes

Director’s Associate            :   The Herman Family Trust
Director                        :   Mr H S Herman
Company                         :   Growthpoint Properties Limited
Date of transaction             :   29 March 2017
Nature of transaction           :   New allotment-Distribution Reinvestment
Number of securities            :   6,829
Class of securities             :   Ordinary Shares
Total value of transaction      :   R172,773.70
Nature of interest              :   Indirect, beneficial
Clearance obtained              :   Yes

Director’s Associate            :   The Smilas Trust
Director                        :   Mr JF Marais
Company                         :   Growthpoint Properties Limited
Date of transaction             :   29 March 2017
Nature of transaction           :   New allotment-Distribution Reinvestment
Number of securities            :   4,485
Class of securities             :   Ordinary Shares
Total value of transaction      :   R113,470.50
Nature of interest              :   Indirect, beneficial
Clearance obtained              :   Yes

Director                        :   Mrs LA Finlay
Company                         :   Growthpoint Properties Limited
Date of transaction             :   29 March 2017
Nature of transaction           :   New allotment-Distribution Reinvestment
Number of securities            :   3,562
Class of securities             :   Ordinary Shares
Total value of transaction      :   R90,118.60
Nature of interest              :   Direct, beneficial
Clearance obtained              :   Yes

Director                        :   Mr JC Hayward
Company                         :   Growthpoint Properties Limited
Date of transaction             :   29 March 2017
Nature of transaction           :   New allotment-Distribution Reinvestment
Number of securities            :   3,264
Class of securities             :   Ordinary Shares
Total value of transaction      :   R82,579.20
Nature of interest              :   Direct, beneficial
Clearance obtained              :   Yes

Director                        :   Mr G Völkel
Company                         :   Growthpoint Properties Limited
Date of transaction             :   29 March 2017
Nature of transaction           :   New allotment-Distribution Reinvestment
Number of securities            :   992
Class of securities             :   Ordinary Shares
Total value of transaction      :   R25,097.60
Nature of interest              :   Direct, beneficial
Clearance obtained              :   Yes

Director’s Associate            :   Njilo Investments (Pty) Ltd
Director                        :   MG Diliza
Company                         :   Growthpoint Properties Limited
Date of transaction             :   29 March 2017
Nature of transaction           :   New allotment-Distribution Reinvestment
Number of securities            :   9
Class of securities             :   Ordinary Shares
Total value of transaction      :   R227,70
Nature of interest              :   Indirect, non-beneficial
Clearance obtained              :   Yes

Executive of major              :   Mr S Theunissen
subsidiary
Subsidiary                      :   Growthpoint Management Services (Pty) Ltd
Company                         :   Growthpoint Properties Limited
Date of transaction             :   29 March 2017
Nature of transaction           :   New allotment-Distribution Reinvestment
Number of securities            :   284
Class of securities             :   Ordinary Shares
Total value of transaction      :   R7,185,20
Nature of interest              :   Indirect, non-beneficial
Clearance obtained              :   Yes
Incentive Scheme Trust          :   The Growthpoint Staff Incentive Scheme
                                    Trust
Company                         :   Growthpoint Properties Limited
Date of transaction             :   29 March 2017
Nature of transaction           :   New allotment-Distribution Reinvestment
Number of securities            :   25,150
Class of securities             :   Ordinary Shares
Total value of transaction      :   R636,295.00
Nature of interest              :   Direct, non-beneficial
Clearance obtained              :   Yes


Sandton
29 March 2017

Sponsor
Investec Bank Limited

Date: 29/03/2017 04:55:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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