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GROWTHPOINT PROPERTIES LIMITED - Dealings in Securities by Executives of a Major Growthpoint Subsidiary

Release Date: 07/09/2017 17:45
Code(s): GRT     PDF:  
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Dealings in Securities by Executives 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 EXECUTIVES 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 September 2017
Nature of transaction                        :   On-market sale of ordinary shares
                                                 pursuant   to   the   exercise  on 6
                                                 September 2017 of 16,915 nil cost
                                                 options awarded under the Growthpoint
                                                 Staff Incentive Scheme.
Number of securities                         :   7,612
Class of securities                          :   Ordinary Shares
Selling price                                :   R25.75
Total value of transaction                   :   R196,009.00
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                          :   6 September 2017
Nature of transaction                        :   Off-market acquisition of ordinary
                                                 shares pursuant to the exercise on 6
                                                 September 2017 of 16,915 nil cost
                                                 options awarded under the Growthpoint
                                                 Staff Incentive Scheme.
Number of securities                         :   9,303
Class of securities                          :   Ordinary Shares
Purchase price                               :   R25.75
Total value of transaction                   :   R239,552.25
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                          :   6 September 2017
Nature of transaction                        :   On-market sale of ordinary shares
                                                 pursuant   to   the   exercise   on 6
                                                 September 2017 of 22,567 nil cost
                                                 options   awarded   under   Growthpoint
                                                 Staff Incentive Scheme.
Number of securities                         :   22,567
Class of securities                          :   Ordinary Shares
Volume-weighted average selling price        :   R25.60
Highest trading price                        :   R25.61
Lowest trading price                         :   R25.59
Total value of transaction                   :   R577,692.63
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                     :   6 September 2017
Nature of transaction                   :   On-market sale of ordinary shares
                                            pursuant   to   the   exercise   on   6
                                            September 2017 of 34,293 nil cost
                                            options   awarded   under   Growthpoint
                                            Staff Incentive Scheme.
Number of securities                    :   34,293
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R25.66
Highest trading price                   :   R25.70
Lowest trading price                    :   R25.65
Total value of transaction              :   R880,081.83
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Executive                               :   Mr F Shindehutte
Company                                 :   Growthpoint Properties Limited
Subsidiary Company                      :   Growthpoint Management Services (Pty)
                                            Ltd
Date of transaction                     :   6 September 2017
Nature of transaction                   :   On-market sale of ordinary shares
                                            pursuant   to   the   exercise   on   6
                                            September 2017 of 17,047 nil cost
                                            options   awarded   under   Growthpoint
                                            Staff Incentive Scheme.
Number of securities                    :   17,047
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R25.66
Highest trading price                   :   R25.67
Lowest trading price                    :   R25.66
Total value of transaction              :   R437,426.02
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes




Sandton

7 September 2017
Sponsor: Investec Bank Limited

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