SPEAR REIT LIMITED - Dealings by Associates of a Director

Dealings 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 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 dealing in securities is disclosed:

1.
 NAME OF DIRECTOR                                 Quintin Michael Rossi

 COMPANY OF WHICH A DIRECTOR                      Spear REIT Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                  Executive

 TYPE AND CLASS OF SECURITIES                     Ordinary shares

 NATURE OF TRANSACTION                            Buy of shares by an associate of the director
                                                  (on-market transaction)

 DATE OF TRANSACTION                              1 December 2023

 PRICE OF SECURITY                                R7.63

 NUMBER OF SECURITIES TRANSACTED                  3 000

 TOTAL RAND VALUE OF SECURITIES                   R22 890.00
 TRANSACTED

 NAME OF ASSOCIATE                                Stretsons Capital Limited a Global Business
                                                  Company incorporated under the laws of the
                                                  Republic of Mauritius

 RELATIONSHIP WITH DIRECTOR                       Director is a director of the associate and a
                                                  beneficiary of the associate's sole shareholder

 NATURE AND EXTENT OF INTEREST IN THE             Indirect, beneficial
 TRANSACTION


2.
 NAME OF DIRECTOR                                  Quintin Michael Rossi

 COMPANY OF WHICH A DIRECTOR                       Spear REIT Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                   Executive

 TYPE AND CLASS OF SECURITIES                      Ordinary shares

 NATURE OF TRANSACTION                             Sale of shares by an associate of the director
                                                   (on-market transaction)

 DATE OF TRANSACTION                               1 December 2023

 PRICE PER SECURITY                                High: R7.68
                                                   Low: R7.59
                                                   Average: R7.64

 NUMBER OF SECURITIES TRANSACTED                   9 000

 TOTAL RAND VALUE OF SECURITIES                    R68 790.00
 TRANSACTED

 NAME OF ASSOCIATE                                 Evlah Investments Proprietary Limited

 RELATIONSHIP WITH DIRECTOR                        Director is a director of the
                                                   associate and a beneficiary and trustee of the
                                                   associate's sole shareholder

 NATURE AND EXTENT OF INTEREST IN THE              Indirect, beneficial
 TRANSACTION


3.
 NAME OF DIRECTOR                                  Quintin Michael Rossi

 COMPANY OF WHICH A DIRECTOR                       Spear REIT Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                   Executive

 TYPE AND CLASS OF SECURITIES                      Ordinary shares

 NATURE OF TRANSACTION                             Purchase of shares by an
                                                   associate of the director
                                                   (on-market transaction)

 DATE OF TRANSACTIONS                              5 December 2023

 PRICE PER SECURITY (CENTS)                        R7.65

 NUMBER OF SECURITIES TRANSACTED                   1 500

 TOTAL RAND VALUE OF SECURITIES                    R11 475.00
 TRANSACTED

 NAME OF ASSOCIATE                                 Rosvest Proprietary Limited

 RELATIONSHIP WITH DIRECTOR                        Director is a director of the associate, a
                                                   director of a shareholder of the associate and
                                                   a beneficiary and trustee of ultimate
                                                   shareholder of the associate

 NATURE AND EXTENT OF INTEREST IN                  Indirect, beneficial
 THE TRANSACTIONS

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

Cape Town
6 December 2023

Sponsor
PSG Capital

Date: 06-12-2023 09:25:00
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