SA CORPORATE REAL ESTATE LIMITED - Dealing in securities by a director

Dealing in securities by a director

SA Corporate Real Estate Limited
(Incorporated in the Republic of South Africa)
Share Code: SAC ISIN Code: ZAE000203238
 (Registration number 2015/015578/06)
("SA Corporate")
REIT status approved

DEALING IN SECURITIES BY A DIRECTOR

In compliance with rule 3.63 of the JSE Listings Requirements, the following information is disclosed:

Name:                                                 T R Mackey
Office held:                                          Managing Director
Date of transaction:                                  20 December 2019

Number of matched share awards:                       163 677
Price per matched share:                              R2.95
Value of transaction:                                 R482 847.15
Nature of transaction:                                One-third vesting of matched shares awarded in 2015 in terms
                                                      of participation in SA Corporate’s Forfeitable Share Plan (off
                                                      market)

Number of forfeitable performance share awards:       163 677
Price per forfeitable performance share:              R2.95
Value of transaction:                                 R482 847.15
Nature of transaction:                                Grant and acceptance of matched share awards in terms of SA
                                                      Corporate’s Forfeitable Share Plan (off market)
Vesting period:                                       Matched shares vest in equal portions over 3, 4 and 5 years

Nature of interest:                                   Direct beneficial
Written clearance to deal received:                   Yes

Cape Town
24 December 2019

Sponsor
Nedbank Corporate and Investment Banking

Date: 24-12-2019 10:53:00
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