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GROWTHPOINT PROPERTIES LIMITED - Dealings in Securities by a Growthpoint Director and Associate, and an Executive of a major subsidiary

Release Date: 19/10/2018 15:15
Code(s): GRT     PDF:  
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Dealings in Securities by a Growthpoint Director and Associate, and an Executive of a major 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 A GROWTHPOINT DIRECTOR AND ASSOCIATE, AND AN EXECUTIVE
OF A MAJOR SUBSIDIARY

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


Director                                     :   Mr EK de Klerk
Company                                      :   Growthpoint Properties Limited
Date of transaction                          :   17 October 2018
Nature of transaction                        :   On-market sale of ordinary shares
                                                 pursuant    to    the    exercise  on
                                                 17 October 2018 of 162,842 nil cost
                                                 options awarded under the Growthpoint
                                                 Staff Incentive Scheme.
Number of securities                         :   73,278
Class of securities                          :   Ordinary Shares
Volume-weighted average selling price        :   R23.67
Highest trading price                        :   R23.72
Lowest trading price                         :   R23.63
Total value of transaction                   :   R1,734,768.72
Nature of interest                           :   Direct, beneficial
Clearance obtained                           :   Yes


Director’s Associate                         :   E & K de Klerk Family Trust
Company                                      :   Growthpoint Properties Limited
Date of transaction                          :   17 October 2018
Nature of transaction                        :   Off-market acquisition of ordinary
                                                 shares pursuant to the exercise by
                                                 Mr de Klerk on 17 October 2018 of
                                                 162,842 nil cost options awarded under
                                                 the Growthpoint   Staff   Incentive
                                                 Scheme.
Number of securities                         :   89,564
Class of securities                          :   Ordinary Shares
Purchase price                               :   R23.67
Total value of transaction                   :   R2,119,979.88
Nature of interest                           :   Indirect, beneficial
Clearance obtained                           :   Yes


Executive                                    :   Mr N Schloss
Company                                      :   Growthpoint Properties Limited
Subsidiary Company                               Growthpoint Management Services (Pty)
                                                 Ltd
Date of transaction                          :   18 October 2018
Nature of transaction                        :   Off-market acquisition of ordinary
                                                 shares pursuant to the exercise on
                                                 18 October 2018 of 22,385 nil cost
                                                 options awarded under the Growthpoint
                                                 Staff Incentive Scheme.
Number of securities                         :   22,385
Class of securities                          :   Ordinary Shares
Purchase price                               :   R24.00
Total value of transaction                   :   R537,240.00
Nature of interest                           :   Direct, beneficial
Clearance obtained                           :   Yes




Sandton

19 October 2018
Sponsor: Investec Bank Limited

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