GEMGROW PROPERTIES LIMITED - Dealings in securities by associates of directors of the company

Release Date: 07/12/2018 07:05
Code(s): GPA GPB
 
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Dealings in securities by associates of directors of the company

GEMGROW PROPERTIES 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 ASSOCIATES OF DIRECTORS OF THE COMPANY


Shareholders are advised of the following information relating to dealings in securities 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:                                   5 December 2018
Class of securities:                                Ordinary B shares
Number of securities:                               1 571 428
Price per security:                                 R6.30
Total value:                                        R9 899 996.40
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:                                  Laysuha Trust
Name of director and relationship to director:      Junaid Limalia, who is a trustee and beneficiary of the Laysuha
                                                    Trust
Transaction date:                                   5 December 2018
Class of securities:                                Ordinary B shares
Number of securities:                               1 571 428
Price per security:                                 R6.30
Total value:                                        R9 899 996.40
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

7 December 2018


Sponsor
Java Capital

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