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SPEAR REIT LIMITED - Dealing In Shares By A Director

Release Date: 06/12/2019 17:00
Code(s): SEA     PDF:  
Wrap Text
Dealing In Shares By A Director

SPEAR REIT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2015/407237/06)
Share Code: SEA
ISIN: ZAE000228995
Approved as a REIT by the JSE
(“Spear” or “the Company”)

DEALING IN SHARES BY A DIRECTOR

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
following information regarding the dealing in securities is disclosed:

NAME OF DIRECTOR                                Christiaan Barnard

COMPANY OF WHICH A DIRECTOR                     Spear REIT Limited

STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive

TYPE AND CLASS OF SECURITIES                    Ordinary shares

NATURE OF TRANSACTION                           Sale of shares by a director
                                                (on-market transaction), pursuant to a
                                                restructuring of the director’s personal
                                                interests, which includes a holding in
                                                Spear shares, and in order to settle a
                                                fixed-term facility provided by the
                                                founders of Spear. The director intends to
                                                re-invest the net balance of the proceeds
                                                in Spear.

DATE OF TRANSACTION                             5 December 2019

PRICE PER SECURITY (CENTS)                      994

NUMBER OF SECURITIES TRANSACTED                 100 000

TOTAL RAND VALUE OF SECURITIES                  R994 000.00
TRANSACTED

NATURE AND EXTENT OF INTEREST IN                Direct, beneficial
THE TRANSACTION

Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.

Cape Town
6 December 2019

Sponsor
PSG Capital

Date: 06-12-2019 05:00:00
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