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GROWTHPOINT PROPERTIES LIMITED - Dealings in securities by an Executive of a major Growthpoint subsidiary

Release Date: 25/10/2018 15:10
Code(s): GRT     PDF:  
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Dealings in securities by an Executive 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 AN EXECUTIVE OF A MAJOR GROWTHPOINT SUBSIDIARY

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



Executive                                    :   Mr SA Le Roux
Company                                      :   Growthpoint Properties Limited
Subsidiary Company                               Growthpoint Management Services (Pty)
                                                 Ltd
Date of transaction                          :   24 October 2018
Nature of transaction                        :   On-market sale of ordinary shares
                                                 pursuant    to    the    exercise   on
                                                 24 October 2018 of 112,124 nil cost
                                                 options awarded under the Growthpoint
                                                 Staff Incentive Scheme.
Number of securities                         :   50,456
Class of securities                          :   Ordinary Shares
Volume-weighted average selling price        :   R23.50
Highest trading price                        :   R23.52
Lowest trading price                         :   R23.48
Total value of transaction                   :   R1,185,781.59
Nature of interest                           :   Direct, beneficial
Clearance obtained                           :   Yes


Executive                                    :   Mr SA Le Roux
Company                                      :   Growthpoint Properties Limited
Subsidiary Company                               Growthpoint Management Services (Pty)
                                                 Ltd
Date of transaction                          :   24 October 2018
Nature of transaction                        :   Off-market acquisition of ordinary
                                                 shares pursuant to the exercise on
                                                 24 October 2018 of 112,124 nil cost
                                                 options awarded under the Growthpoint
                                                 Staff Incentive Scheme.
Number of securities                         :   61,668
Class of securities                          :   Ordinary Shares
Purchase price                               :   R23.50
Total value of transaction                   :   R1,449,198.00
Nature of interest                           :   Direct, beneficial
Clearance obtained                           :   Yes




Sandton

25 October 2018
Sponsor: Investec Bank Limited

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