SPEAR REIT LIMITED - Dealings in Shares by Associates of a Director

Dealings in Shares by Associates of a Director

SPEAR REIT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2015/407237/06)
Share Code: SEA
ISIN: ZAE000228995
LEI: 378900F76170CCB33C50
Approved as a REIT by the JSE
(“Spear” or “the Company”)

DEALINGS IN SHARES BY ASSOCIATES OF A DIRECTOR

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
following information regarding the dealings in securities is disclosed:

 NAME OF DIRECTOR                                Abubaker Varachhia

 COMPANY OF WHICH A DIRECTOR                     Spear REIT Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                 Non-executive

 TYPE AND CLASS OF SECURITIES                    Ordinary shares

 NATURE OF TRANSACTIONS                          Sale of shares by associates      (1-2)
                                                 of the director for purposes of
                                                 rebalancing of portfolios
                                                 (on-market transactions)

 DATES OF TRANSACTIONS                           27 May 2021                       (1)
                                                 27 May 2021                       (2)

 PRICE PER SECURITY (CENTS)                      620                               (1)
                                                 620                               (2)

 NUMBER OF SECURITIES TRANSACTED                 400 000                           (1)
                                                 53 146                            (2)

 TOTAL RAND VALUE OF SECURITIES                  R2 480 000.00                     (1)
 TRANSACTED                                      R329 505.20                       (2)

 NAME OF ASSOCIATE                               Mtshobela Capital Holdings        (1)
                                                 Proprietary Limited
                                                 Navari Investments                (2)
                                                 Proprietary Limited
 
 RELATIONSHIP WITH DIRECTOR                      Director is a director                (1)
                                                 and a shareholder of the associate
                                                 Director is an indirect beneficiary   (2)
                                                 of the Nabilah Family Trust

 NATURE AND EXTENT OF INTEREST IN                Indirect, beneficial                  (1-2)
 THE TRANSACTIONS

Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.

Cape Town
28 May 2021

Sponsor
PSG Capital

Date: 28-05-2021 05:10:00
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