LIBERTY TWO DEGREES - Directors Dealing Announcement

Directors Dealing Announcement

LIBERTY TWO DEGREES
JSE share code: L2D
ISIN: ZAE000230553
(Approved as a REIT by the JSE)
(“CISIP”)

a portfolio established under the Liberty Two Degrees Scheme, a collective investment
scheme in property established in terms of the Collective Investment Schemes Control Act,
No 45 of 2002, as amended (“CISCA”), and managed by STANLIB REIT Fund Managers (RF)
Proprietary Limited (Registration number: 2007/029492/07) (“SRFM” or the “Manager”)

LIBERTY TWO DEGREES LIMITED
(Registration number: 2018/388906/06)
JSE share code: L2D
ISIN: ZAE000260576
(“New L2D”)


DIRECTORS DEALING ANNOUNCEMENT


In terms of Section 3.63 of the Listings Requirements of the JSE Limited, Unitholders advised
of the following dealings by Amelia Beattie, Chief Executive Officer:

Director:                            Amelia Beattie
Date of transaction:                 1 September 2018
Transaction:                         Acceptance of a cash consideration payment in lieu of
                                     Liberty Two Degrees units (“Units”) that vested as part
                                     of the Liberty Two Degrees Incentive Scheme
Number of Units:                     32 647
Price per Unit:                      R7.50
Value of transaction:                R244 852.50 (pre-taxation)
Cash consideration:                  R134 668.88 (post-taxation)
Extent of interest:                  Direct beneficial
Clearance to deal:                   Yes

Director:                            Amelia Beattie
Date of transaction:                 3 September 2018
Transaction:                         On market acquisition of Units
Number of Units:                     18 000
Price per Unit:                      R7.79
Value of transaction:                R140 220.00
Extent of interest:                  Direct beneficial
Clearance to deal:                   Yes


Johannesburg
3 September 2018

Sponsor:
The Standard Bank of South Africa Limited

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