SA CORPORATE REAL ESTATE LIMITED - Dealing in securities by directors

Dealing in securities by directors

SA Corporate Real Estate Limited
(Incorporated in the Republic of South Africa)
(Registration number 2015/015578/06)
Share code: SAC ISIN: ZAE000203238
(Approved as a REIT by the JSE)
("SA Corporate" or “the Company”)

DEALING IN SECURITIES BY DIRECTORS

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

Name:                                                  A M Basson
Office held:                                           Chief Financial Officer
Nature of interest:                                    Direct beneficial

Date of transaction:                                   30 June 2020
Number of matched share awards:                        25,759
Price per matched share:                               R1.3000
Value of transaction:                                  R33,485.40
Nature of transaction:                                 One-third vesting of matched shares awarded in 2017 in terms
                                                       of participation in SA Corporate's Forfeitable Share Plan (off
                                                       market)

Date of transaction:                                   29 June 2020
Number of forfeitable performance share awards:        112,260
Vesting price per forfeitable performance share:       R1.3005
Value of the transaction:                              R145,994.19
Nature of transaction:                                 27.5% vesting of forfeitable performance shares in terms of
                                                       participation in 2017 in SA Corporate's Forfeitable Share Plan
                                                       (off market)

Date of transaction:                                   30 June 2020
Number of forfeitable performance share awards:        2,642,673
Price per forfeitable performance share:               R1.0515
Value of transaction:                                  R2 778 645.00
Nature of transaction:                                 Grant and acceptance of forfeitable performance share awards
                                                       in terms of SA Corporate's Forfeitable Share Plan (off market)
Vesting period:                                        Vesting date of 18 June 2023 subject to performance
                                                       conditions
Written clearance to deal received:                    Yes

Name:                                                  T R Mackey
Office held:                                           Chief Executive Officer
Nature of interest:                                    Direct beneficial

Date of transaction (vesting date):                    29 June 2020
Number of forfeitable performance share awards:        168,598
Vesting price per forfeitable performance share:       R1.3005
Value of the transaction:                              R219,262.00
Nature of transaction:                                 23.7% vesting of forfeitable performance shares in terms of
                                                       participation in 2017 in SA Corporate's Forfeitable Share
                                                       Plan (off market)

Date of transaction:                                   30 June 2020
Number of forfeitable performance share awards:        5,753,311
Price per forfeitable performance share:               R1.0515
Value of transaction:                                  R6,049 334.00
Nature of transaction:                                 Grant and acceptance of forfeitable performance share awards
                                                       in terms of SA Corporate's Forfeitable Share Plan (off market)
Vesting period:                                        Vesting date of 18 June 2023 subject to performance
                                                       conditions
Written clearance to deal received:                    Yes


Cape Town
3 July 2020

Sponsor
Nedbank Corporate and Investment Banking

Date: 03-07-2020 12:25:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.