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

Release Date: 05/04/2017 08:00
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 2017.


Director                                :   Mr L N Sasse
Company                                 :   Growthpoint Properties Limited
Date of transaction                     :   3 April 2017
Nature of transaction                   :   On-market sale
Number of securities                    :   266,600
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R25.46
Highest trading price                   :   R25.50
Lowest trading price                    :   R25.42
Total value of transaction              :   R6,787,022.82
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Director                                :   Mr E K de Klerk
Company                                 :   Growthpoint Properties Limited
Date of transaction                     :   3 April 2017
Nature of transaction                   :   On-market sale
Number of securities                    :   159,960
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R25.46
Highest trading price                   :   R25.50
Lowest trading price                    :   R25.42
Total value of transaction              :   R4,072,213.69
Nature of interest of Director          :   Direct, 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                     :   3 April 2017
Nature of transaction                   :   On-market sale
Number of securities                    :   116,638
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R25.46
Highest trading price                   :   R25.50
Lowest trading price                    :   R25.42
Total value of transaction              :   R2,969,335.21
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                     :   3 April 2017
Nature of transaction                   :   On-market sale
Number of securities                    :   116,638
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R25.46
Highest trading price                   :   R25.50
Lowest trading price                    :   R25.42
Total value of transaction              :   R2,969,335.21
Nature of interest of Director          :   Direct, 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                     :   3 April 2017
Nature of transaction                   :   On-market sale
Number of securities                    :   83,313
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R25.46
Highest trading price                   :   R25.50
Lowest trading price                    :   R25.42
Total value of transaction              :   R2,120,957.36
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                     :   3 April 2017
Nature of transaction                   :   On-market sale
Number of securities                    :   23,994
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R25.46
Highest trading price                   :   R25.50
Lowest trading price                    :   R25.42
Total value of transaction              :   R610,832.05
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                     :   3 April 2017
Nature of transaction                   :   Off-market acquisition
Number of securities                    :   29,326
Class of securities                     :   Ordinary Shares
Purchase price                          :   R25.45
Total value of transaction              :   R746,346.70
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                     :   3 April 2017
Nature of transaction                   :   On-market sale
Number of securities                    :   66,650
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R25.46
Highest trading price                   :   R25.50
Lowest trading price                    :   R25.42
Total value of transaction              :   R1,696,755.71
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                     :   3 April 2017
Nature of transaction                   :   On-market sale
Number of securities                    :   17,876
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R25.45
Highest trading price                   :   R25.46
Lowest trading price                    :   R25.45
Total value of transaction              :   R454,996.04
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                     :   3 April 2017
Nature of transaction                   :   On-market sale
Number of securities                    :   14,996
Class of securities                     :   Ordinary Shares
Selling price                           :   R25.45
Total value of transaction              :   R381,648.20
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                     :   3 April 2017
Nature of transaction                   :   Off-market acquisition
Number of securities                    :   18,329
Class of securities                     :   Ordinary Shares
Purchase price                          :   R25.45
Total value of transaction              :   R466,473.05
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                     :   3 April 2017
Nature of transaction                   :   On-market sale
Number of securities                    :   33,325
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R25.46
Highest trading price                   :   R25.50
Lowest trading price                    :   R25.42
Total value of transaction              :   R848,377.85
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                     :   3 April 2017
Nature of transaction                   :   On-market sale
Number of securities                    :   19,995
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R25.46
Highest trading price                   :   R25.50
Lowest trading price                    :   R25.42
Total value of transaction              :   R509,026.71
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                     :   3 April 2017
Nature of transaction                   :   On-market sale
Number of securities                    :   3,503
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R25.44
Highest trading price                   :   R25.45
Lowest trading price                    :   R25.44
Total value of transaction              :   R89,133.13
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                     :   3 April 2017
Nature of transaction                   :   Off-market acquisition
Number of securities                    :   4,282
Class of securities                     :   Ordinary Shares
Purchase price                          :   R25.45
Total value of transaction              :   R108,976.90
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Company Secretary                       :   Mr R A Krabbenhöft
Company                                 :   Growthpoint Properties Limited
Date of transaction                     :   3 April 2017
Nature of transaction                   :   On-market sale
Number of securities                    :   10,664
Class of securities                     :   Ordinary Shares
Selling price                           :   R25.45
Total value of transaction              :   R271,398.80
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Company Secretary                       :   Mr R A Krabbenhöft
Company                                 :   Growthpoint Properties Limited
Date of transaction                     :   3 April 2017
Nature of transaction                   :   Off-market acquisition
Number of securities                    :   15,996
Class of securities                     :   Ordinary Shares
Purchase price                          :   R25.45
Total value of transaction              :   R407,098.20
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Sandton

5 April 2016
Sponsor: Investec Bank Limited

Date: 05/04/2017 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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