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EQUITES PROPERTY FUND LIMITED - Dealings in securities by a director and by associates of a director of the Company

Release Date: 31/08/2022 16:25
Code(s): EQU EQT005 EQT007 EQT004 EQT003 EQT008 EQT006 EQT009 EQT010     PDF:  
Wrap Text
Dealings in securities by a director and by associates of a director of the Company

EQUITES PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2013/080877/06)
Share code: EQU ISIN: ZAE000188843
JSE alpha code: EQUI
(Approved as a REIT by the JSE)
("Equites" or the "Company")

DEALINGS IN SECURITIES BY A DIRECTOR AND BY ASSOCIATES OF A DIRECTOR OF THE COMPANY 
REGARDING AN AMENDMENT TO EXISTING FINANCE ARRANGEMENTS

Shareholders and noteholders are advised that on 31 August 2022 GRG Investments Proprietary Limited ("GRG
Investments") agreed terms to amend the existing R18 000 000 three-year loan and related security agreement
(the "Amendment") concluded with Investec Bank Limited, as detailed in the announcement released on
8 December 2021.

In terms of the Amendment, an additional 225 000 Equites shares at a price of R18.53 per share for a total value
of R4 169 250 have been pledged as security, following which the pledge and cession arrangement has been
revised as follows:

GRG Investments - 2 020 648 Equites shares;
Riaan Gous - 110 000 Equites shares; and
Nicola Gous - 300 000 Equites shares.

The above transaction constitutes a dealing in securities by a director and by associates of a director (as Riaan
Gous is a director and sole shareholder of GRG Investments and Nicola Gous is the wife of Riaan Gous). The
transaction was conducted off-market and clearance was obtained.

31 August 2022

Sponsor
Java Capital

Debt Sponsor
Nedbank Corporate and Investment Banking
(a division of Nedbank Limited)
Date: 31-08-2022 04:25:00
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