EMIRA PROPERTY FUND LIMITED - VESTING OF SHARES AWARDED TO DIRECTORS

VESTING OF SHARES AWARDED TO DIRECTORS

EMIRA PROPERTY FUND LIMITED
Incorporated in the Republic of South Africa
(Registration number 2014/130842/06)
JSE share code: EMI     ISIN: ZAE000203063
JSE bond company code: EMII
(Approved as a REIT by the JSE)
(“Emira” or “the Company”)

VESTING OF SHARES AWARDED TO DIRECTORS

Shareholders and noteholders are advised of the following dealings in securities in relation to the
vesting of the shares awarded to directors on 21 December 2017 in terms of the Emira Forfeitable
Share Plan (“Emira FSP”), as disclosed in the announcement released on SENS on 21 December
2017:

Name of executive director:             G Jennett
Date of vesting:                        15 October 2021
Number of shares vested:                126 608
Issue price:                            Rnil (Free of charge)
Notional value of transaction (based    R1 220 501.12
on an implied price of R9.64 per
share, being the closing price on the
date of vesting):
Nature of transaction:                  Off-market vesting of shares in terms of the Emira FSP in
                                        accordance with the vesting conditions
Class of securities:                    Ordinary shares
Type of interest:                       Direct beneficial
Clearance to deal obtained:             Vesting of shares occurs automatically in terms of the Emira
                                        FSP

Name of executive director:             G Booyens
Date of vesting:                        15 October 2021
Number of shares vested:                84 964
Issue price:                            Rnil (Free of charge)
Notional value of transaction (based    R819 052.96
on an implied price of R9.64 per
share, being the closing price on the
date of vesting):
Nature of transaction:                  Off-market vesting of shares in terms of the Emira FSP in
                                        accordance with the vesting conditions
Class of securities:                    Ordinary shares
Type of interest:                       Direct beneficial
Clearance to deal obtained:             Vesting of shares occurs automatically in terms of the Emira
                                        FSP


Name of executive director:             U van Biljon
Date of vesting:                        15 October 2021
Number of shares vested:                109 603
Issue price:                            Rnil (Free of charge)
Notional value of transaction (based    R1 056 572.92
on an implied price of R9.64 per
share, being the closing price on the
date of vesting):
Nature of transaction:                  Off-market vesting of shares in terms of the Emira FSP in
                                        accordance with the vesting conditions
Class of securities:                    Ordinary shares
Type of interest:                       Direct beneficial
Clearance to deal obtained:             Vesting of shares occurs automatically in terms of the Emira
                                        FSP

Bryanston
19 October 2021


Sponsor
Questco Corporate Advisory Proprietary Limited

Debt Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)

Date: 19-10-2021 12:28:00
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