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

Release Date: 10/10/2018 17:05
Code(s): GRT     PDF:  
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Dealings in securities by directors and associates, 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 GROWTHPOINT DIRECTORS AND ASSOCIATES, EXECUTIVES OF A
MAJOR SUBSIDIARY AND COMPANY SECRETARY

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


Director                                     :   Mr E K De Klerk
Company                                      :   Growthpoint Properties Limited
Date of transaction                          :   8 October 2018
Nature of transaction                        :   On-market sale of ordinary shares
                                                 pursuant   to   the   exercise   on   8
                                                 October 2018 of 33,276 reducing strike
                                                 price     options     awarded     under
                                                 Growthpoint’s   Key   Staff   Retention
                                                 Scheme.
Number of securities                         :   14,975
Class of securities                          :   Ordinary Shares
Volume-weighted average selling price        :   R22.76
Highest trading price                        :   R22.77
Lowest trading price                         :   R22.75
Total value of transaction                   :   R340,807.04
Nature of interest                           :   Direct, beneficial
Clearance obtained                           :   Yes


Director’s Associate                         :   E & K de Klerk Family Trust
Company                                      :   Growthpoint Properties Limited
Date of transaction                          :   8 October 2018
Nature of transaction                        :   Off-market acquisition of ordinary
                                                 shares pursuant to the exercise by
                                                 Mr de Klerk on 8 October 2018 of
                                                 33,276 reducing strike price options
                                                 awarded under Growthpoint’s Key Staff
                                                 Retention Scheme.
Number of securities                         :   18,301
Class of securities                          :   Ordinary Shares
Purchase price                               :   R22.76
Total value of transaction                   :   R416,530.76
Nature of interest                           :   Indirect, beneficial
Clearance obtained                           :   Yes


Director                                     :   Mr G Völkel
Company                                      :   Growthpoint Properties Limited
Date of transaction                          :   9 October 2018
Nature of transaction                        :   On-market sale of ordinary shares
                                                 pursuant   to   the   exercise   on   8
                                                 October 2018 of 39,477 reducing strike
                                                 price     options     awarded     under
                                                 Growthpoint’s   Key   Staff   Retention
                                                 Scheme.
Number of securities                         :   17,765
Class of securities                          :   Ordinary Shares
Purchase price                               :   R22.70
Total value of transaction                   :   R403,265.50
Nature of interest                           :   Direct, beneficial
Clearance obtained                           :   Yes


Director                                     :   Mr G Völkel
Company                                      :   Growthpoint Properties Limited
Date of transaction                          :   9 October 2018
Nature of transaction                        :   Off-market acquisition of ordinary
                                                 shares pursuant to the exercise on 9
                                                 October 2018 of 39,477 reducing strike
                                                 price     options     awarded     under
                                                 Growthpoint’s   Key   Staff   Retention
                                                 Scheme.
Number of securities                         :   21,712
Class of securities                          :   Ordinary Shares
Purchase price                               :   R22.70
Total value of transaction                   :   R492,862.40
Nature of interest                           :   Direct, beneficial
Clearance obtained                           :   Yes


Company Secretary                            :   Mr R A Krabbenhöft
Company                                      :   Growthpoint Properties Limited
Date of transaction                          :   9 October 2018
Nature of transaction                        :   Off-market acquisition of ordinary
                                                 shares pursuant to the exercise on 9
                                                 October 2018 of 31,116 nil cost
                                                 options awarded under the Growthpoint
                                                 Staff Incentive Scheme.
Number of securities                         :   31,116
Class of securities                          :   Ordinary Shares
Purchase price                               :   R22.90
Total value of transaction                   :   R712,556.40
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                          :   9 October 2018
Nature of transaction                        :   On-market sale of ordinary shares
                                                 pursuant   to   the   exercise   on   9
                                                 October 2018   of   62,708   nil   cost
                                                 options awarded under the Growthpoint
                                                 Staff Incentive Scheme.
Number of securities                         :   28,219
Class of securities                          :   Ordinary Shares
Volume-weighted average selling price        :   R22.85
Highest trading price                        :   R22.86
Lowest trading price                         :   R22.83
Total value of transaction                   :   R644,696.92
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                          :   9 October 2018
Nature of transaction                        :   Off-market acquisition of ordinary
                                                 shares pursuant to the exercise on 9
                                                 October 2018   of   62,708   nil  cost
                                                 options awarded under the Growthpoint
                                                 Staff Incentive Scheme.
Number of securities                         :   34,489
Class of securities                          :   Ordinary Shares
Purchase price                               :   R22.85
Total value of transaction                   :   R788,073.65
Nature of interest                           :   Direct, beneficial
Clearance obtained                           :   Yes



Sandton

10 October 2018
Sponsor: Investec Bank Limited

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