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Transactions By Persons Discharging Managerial Responsibility
GRIT REAL ESTATE INCOME GROUP LIMITED
(Registered by continuation in the Republic of Mauritius)
(Registration number: C128881 C1/GBL)
LSE share code: GR1T
SEM share code: DEL.N0000
JSE share code: GTR
ISIN: MU0473N00036
(“Grit” or the “Company”)
TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY
("PDMR")
The Board of Grit Real Estate Income Group Limited (the "Board"), a leading pan-African real
estate company focused on investing in and actively managing a diversified portfolio of assets
underpinned by predominantly US$ and Euro denominated long-term leases with high quality
multi-national tenants, has been notified that on 15 February 2019, Bronwyn Corbett, Chief
Executive Officer of the Company, acquired 10,000 ordinary shares in the Company at a price
of R19.50 per share.
The Notification of Dealing Form provided in accordance with the requirements of the Market
Abuse Regulation in relation to the transaction listed above is set out below.
1. Details of PMDR
a) Name of PDMR Bronwyn Corbett
2. Reason for the notification
a) Position / status Chief Executive Officer of Grit
b) Initial notification / amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor
a) Name Grit Real Estate Income Group
Limited
b) LEI 21380084LCGHJRS8CN05
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where
transactions have been conducted
a) Description of the Financial instrument, type of Ordinary shares of No Par Value
instrument
Identification code MU0473N00036
b) Nature of the transaction Purchase of ordinary shares (On-
market)
c) Price(s) and volume(s) Price(s) Volume(s) Total(s)
19 10 000 R195,000.00
Rand
and 50
cents
d) Aggregated information: See above
• Aggregated volume
• Price
e) Date of the transaction 15 February 2019
f) Place of the transaction Johannesburg Stock Exchange, Main
Market (JSE)
g) Nature and extent of interest in the transaction Direct, beneficial
h) Clearance to deal in these securities was obtained in accordance with paragraph 3.66
of the Listings Requirements of the JSE Limited and Appendix 6 of the Listing Rules of
the Stock Exchange of Mauritius Ltd.
By Order of the Board
19 February 2019
FOR FURTHER INFORMATION, PLEASE CONTACT:
Grit Real Estate Income Group Limited
Bronwyn Corbett, Chief Executive Officer +230 269 7090
Darren Veenhuis, Head of Investor Relations +44 779 512 3402
Morne Reinders, Investor Relations +27 82 480 4541
Maitland/AMO – Communications Adviser
James Benjamin +44 20 7379 5151
Vikki Kosmalska Grit-maitland@maitland.co.uk
Jason Ochere
finnCap Ltd – UK Financial Adviser
William Marle / Scott Mathieson / Matthew Radley (Corporate +44 20 7220 5000
Finance)
Mark Whitfeld (Sales) +44 20 3772 4697
Monica Tepes (Research) +44 20 3772 4698
Perigeum Capital Ltd – SEM Authorised Representative and
Sponsor
Shamin A. Sookia +230 402 0894
Kesaven Moothoosamy +230 402 0898
PSG Capital – JSE Sponsor and Corporate Adviser
David Tosi +27 21 887 9602
The Company’s LEI is: 21380084LCGHJRS8CN05
NOTES:
Grit Real Estate Income Group Limited is a leading pan-African real estate company focused
on investing in and actively managing a diversified portfolio of assets in carefully selected
African countries (excluding South Africa). These high quality assets are underpinned by
predominantly US$ and Euro denominated long-term leases with a wide range of blue-chip
multi-national tenant covenants across a diverse range of robust property sectors.
The Company is committed to delivering strong and sustainable income for shareholders, with
the potential for income and capital growth. The Company is targeting an annual dividend yield
in USD of 8%+ and a net total shareholder return inclusive of NAV growth of 12.0%+ p.a.*
Grit is listed on the London Stock Exchange main market (LSE: GR1T), the Johannesburg
Stock Exchange main board (JSE: GTR) and the Stock Exchange of Mauritius Ltd official
market (SEM: DEL.N0000).
Further information on the Company is available at http://grit.group/
*These are targets only and not a profit forecast and there can be no assurance that they will
be met.
Directors:
Peter Todd+ (Chairman), Bronwyn Corbett (Chief Executive Officer)*, Leon van de Moortele
(Chief Financial Officer)*, Ian Macleod+, Matshepo More, Nomzamo Radebe, Catherine
McIlraith+, David Love+ and Bright Laaka (Permanent Alternate Director to Nomzano
Radebe).
(* Executive Director) (+ independent Non-Executive Director)
Company secretary: Intercontinental Fund Services Limited
Registered address: c/o Intercontinental Fund Services Limited, Level 5, Alexander House,
35 Cybercity, Ebène 72201, Mauritius
Transfer secretary (South Africa): Computershare Investor Services Proprietary Limited
Registrar and transfer agent (Mauritius): Intercontinental Secretarial Services Limited
JSE sponsor: PSG Capital Proprietary Limited
Sponsoring broker: Axys Stockbroking Limited
SEM authorised representative and sponsor: Perigeum Capital Ltd
This notice is issued pursuant to the JSE Listings Requirements, the LSE Listing Rules, Article
19 of MAR, SEM Listing Rule 11.3 and Rule 5(1) of the Securities (Disclosure Obligations of
Reporting Issuers) Rules 2007. The board of directors of the Company accepts full
responsibility for the accuracy of the information contained in this communiqué.
Date: 19/02/2019 02:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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