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GROWTHPOINT PROPERTIES LIMITED - Dealings In Securities By An Executive Of A Major Subsidiary, Company Secretary, An Executive Director and Associate

Release Date: 05/09/2017 16:58
Code(s): GRT     PDF:  
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Dealings In Securities By An Executive Of A Major Subsidiary, Company Secretary, An Executive Director and 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 AN EXECUTIVE OF A MAJOR GROWTHPOINT SUBSIDIARY, COMPANY
SECRETARY, AN EXECUTIVE DIRECTOR AND DIRECTOR’S ASSOCIATE

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


Executive                                    :   Mr G de Klerk
Company                                      :   Growthpoint Properties Limited
Subsidiary Company                               Growthpoint Management Services (Pty)
                                                 Ltd
Date of transaction                          :   4 September 2017
Nature of transaction                        :   On-market sale of ordinary shares
                                                 pursuant   to   the   exercise  on 4
                                                 September 2017 of 34,162 nil cost
                                                 options awarded under the Growthpoint
                                                 Staff Incentive Scheme.
Number of securities                         :   34,162
Class of securities                          :   Ordinary Shares
Volume-weighted average selling price        :   R25.53
Highest trading price                        :   R25.54
Lowest trading price                         :   R25.53
Total value of transaction                   :   R872,155.86
Nature of interest                           :   Direct, beneficial
Clearance obtained                           :   Yes


Company Secretary                            :   Mr R A Krabbenhöft
Company                                      :   Growthpoint Properties Limited
Date of transaction                          :   4 September 2017
Nature of transaction                        :   Off-market acquisition of ordinary
                                                 shares pursuant to the exercise on 4
                                                 september 2017 of 27,565 nil cost
                                                 options awarded under the Growthpoint
                                                 Staff Incentive Scheme.
Number of securities                         :   27,565
Class of securities                          :   Ordinary Shares
Purchase price                               :   R25.55
Total value of transaction                   :   R704,285.75
Nature of interest                           :   Direct, beneficial
Clearance obtained                           :   Yes



Executive Director                           :   Mr E K de Klerk
Company                                      :   Growthpoint Properties Limited
Date of transaction                          :   4 September 2017
Nature of transaction                        :   On-market sale of ordinary shares
                                                 pursuant   to    the   exercise   on 4
                                                 September 2017 of a one-fifth tranche
                                                 of reducing   strike   price   options
                                                 awarded on 1 September 2015, under
                                                 Growthpoint’s    Key   Staff   Retention
                                                 Scheme, 50% of which tranche became
                                                 unfettered on 1 September 2017.
Number of securities                         :   14,000
Class of securities                          :   Ordinary Shares
Volume-weighted average selling price        :   R25.52
Highest trading price                        :   R25.54
Lowest trading price                         :   R25.53
Total value of transaction                   :   R357,280.00
Nature of interest                           :   Direct, beneficial
Clearance obtained                           :   Yes



Executive Director’s Associate               :   E and K de Klerk family Trust
Executive Director                           :   Mr E K de Klerk
Company                                      :   Growthpoint Properties Limited
Date of transaction                          :   4 September 2017
Nature of transaction                        :   Off-market acquisition of ordinary
                                                 shares pursuant to the exercise by Mr
                                                 de Klerk on 4 September 2017 of a one-
                                                 fifth tranche of reducing strike price
                                                 options awarded on 1 September 2015,
                                                 under    Growthpoint’s    Key    Staff
                                                 Retention Scheme, 50% of which tranche
                                                 became unfettered on 1 September 2017.
Number of securities                          :   17,112
Class of securities                           :   Ordinary Shares
Purchase price                                :   R25.52
Total value of transaction                    :   R436,698.24
Nature of interest                            :   Indirect, beneficial
Clearance obtained                            :   Yes



Sandton

5 September 2017
Sponsor: Investec Bank Limited

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