GEMGROW PROPERTIES LIMITED - Dealings in securities by a director and by associates of directors of the company - GPA/GPB

Dealings in securities by a director and by associates of directors of the company - GPA/GPB

GEMGROW PROPERTIES LIMITED
(previously Synergy Income Fund Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2007/032604/06)
JSE share code: GPA ISIN: ZAE000223269
JSE share code: GPB ISIN: ZAE000223277
(Granted REIT status with the JSE)
(“Gemgrow” or “the company”)


DEALINGS IN SECURITIES BY A DIRECTOR AND BY ASSOCIATES OF DIRECTORS OF THE COMPANY


Shareholders are advised of the following information relating to dealings in securities by a director and by associates
of directors of Gemgrow:

Name of associate:                                   AI K Holdings Trust
Name of director and relationship to director:       Alon Kirkel, who is a trustee and beneficiary of the AI K
                                                     Holdings Trust
Transaction date:                                    14 November 2017
Class of securities:                                 Ordinary B shares
Number of securities:                                2 171 497
Price per security:                                  R6.10
Total value:                                         R13 246 131.70
Nature of transaction:                               Off-market grant and acceptance of shares in terms of the
                                                     Gemgrow Share Purchase and Option Scheme
Nature and extent of director’s interest:            Indirect beneficial
Clearance to deal received:                          Yes

Name of associate:                                   Junaid Limalia Family Trust
Name of director and relationship to director:       Junaid Limalia, who is a trustee and beneficiary of the Junaid
                                                     Limalia Family Trust
Transaction date:                                    14 November 2017
Class of securities:                                 Ordinary B shares
Number of securities:                                2 160 149
Price per security:                                  R6.10
Total value:                                         R13 176 908.90
Nature of transaction:                               Off-market grant and acceptance of shares in terms of the
                                                     Gemgrow Share Purchase and Option Scheme
Nature and extent of director’s interest:            Indirect beneficial
Clearance to deal received:                          Yes

Name of director:                                    A Basserabie
Transaction date:                                    16 November 2017
Class of securities:                                 Ordinary A shares
Number of securities:                                43 953
Highest traded price per security:*                  R9.90
Weighted average price per security:                 R9.86138
Lowest traded price per security:*                   R9.79
Total value:                                         R433 437.05
Nature of transaction:                               On-market purchase through a living annuity
Nature and extent of director’s interest:            Indirect beneficial
Clearance to deal received:                          Yes
*Highest and lowest traded prices per security on the market on the day.

20 November 2017


Sponsor
Java Capital

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