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GROWTHPOINT PROPERTIES LIMITED - Dealings in securities by a Director of a major subsidiary and prescribed officer

Release Date: 29/10/2019 17:19
Code(s): GRT     PDF:  
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Dealings in securities by a Director of a major subsidiary and prescribed officer

Growthpoint Properties Limited
Approved as a REIT by the JSE
Incorporated in the Republic of South Africa
Registration number 1987/004988/06
ISIN: ZAE000179420
JSE Share code: GRT
("Growthpoint”)


DEALINGS IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY AND PRESCRIBED
OFFICER

In compliance with the JSE Listings Requirements, the following information is
disclosed.

Director of major subsidiary        : Mr E Binedell
Company                             : Growthpoint Properties Limited
Subsidiary Company                    Growthpoint Management Services (Pty) Ltd
Date of transaction                 : 28 October 2019
Nature of transaction               : On-market sale of ordinary shares pursuant
                                      to the exercise of nil cost options awarded
                                      under   the   Growthpoint  Staff  Incentive
                                      Scheme
Number of securities                : 39 885
Class of securities                 : Ordinary Shares
Volume-weighted average price       : 22.23
Highest trading price               : 22.25
Lowest trading price                : 22.23
Total value of transaction          : R886 643.55
Nature of interest                  : Direct, beneficial
Clearance obtained                  : Yes

Director of major subsidiary        : Mr E Binedell
Company                               Growthpoint Prpoperties Limited
Subsidiary Company                  : Growthpoint Management Services (Pty) Ltd
Date of transaction                 : 28 October 2019
Nature of transaction               : Off-market acquisition of ordinary shares
                                      pursuant to the exercise of nil cost
                                      options awarded under the Growthpoint Staff
                                      Incentive Scheme.
Number of securities                : 48 748
Class of securities                 : Ordinary Shares
Volume-weighted average price       : 22.24
Highest trading price               : 22.24
Lowest trading price                : 22.24
Total value of transaction          : R1 084 155.52
Nature of interest                  : Direct, beneficial
Clearance obtained                  : Yes

Prescribed Officer                  : Mr P Kollenberg
Company                             : Growthpoint Properties Limited
Subsidiary Company                  : Growthpoint Management Services (Pty) Ltd
Date of transaction                 : 28 October 2019
Nature of transaction               : On-market sale of ordinary shares pursuant
                                      to the exercise of nil cost options awarded
                                      under the Growthpoint Staff Incentive
                                      Scheme
Number of securities                : 17 719
Class of securities                 : Ordinary Shares
Volume-weighted average price       : 22.25
Highest trading price               : 22.26
Lowest trading price                : 22.25
Total value of transaction          : R394 247.75
Nature of interest                  : Direct, beneficial
Clearance obtained                  : Yes

Prescribed Officer                  : Mr P Kollenberg
Company                             : Growthpoint Properties Limited
Subsidiary Company                  : Growthpoint Management Services (Pty) Ltd
Date of transaction                 : 28 October 2019
Nature of transaction               : Off-market acquisition of ordinary shares
                                      pursuant to the exercise of nil cost
                                      options awarded under the Growthpoint Staff
                                      Incentive Scheme.
Number of securities                :  21 658
Class of securities                 : Ordinary Shares
Volume-weighted average price       : 22.26
Highest trading price               : 22.26
Lowest trading price                : 22.26
Total value of transaction          : R482 107 08
Nature of interest                  : Direct, beneficial
Clearance obtained                  : Yes




Sandton

29 October 2019
Sponsor: Investec Bank Limited

Date: 29/10/2019 05:19:00
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