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TEXTON PROPERTY FUND LIMITED - Dealings in Securities by Associates of Directors

Release Date: 30/03/2020 17:24
Code(s): TEX     PDF:  
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Dealings in Securities by Associates of Directors

TEXTON PROPERTY FUND LIMITED
Granted REIT status by the JSE
Incorporated in the Republic of South Africa
(Registration number 2005/019302/06)
Share code: TEX ISIN: ZAE000190542
(“Texton” or “the Company”)


DEALINGS IN SECURITIES BY ASSOCIATES OF DIRECTORS


In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited,
the following is disclosed:

Name of director:                             Mr Marcel Golding and Mr Robert Franco
Company:                                      Texton Property Fund Limited
Name of associate:                            Oak Tech Trading Proprietary Limited (“Oak Tech”)
Relationship of director to associate:        Mr Golding is a director of Oak Tech and is an ultimate
                                              shareholder of Geomer Investments Proprietary Limited
                                              which is in turn a shareholder of Oak Tech.
                                              Mr Franco is an ultimate shareholder of Kloof Capital South
                                              Africa Proprietary Limited (“Kloof Capital”) which is in turn a
                                              shareholder of Oak Tech.
Class of securities:                          Ordinary shares
Nature of the transaction:                    Purchase of shares on market
Extent of director’s interest:                Indirect beneficial
Clearance to deal obtained:                   Yes
Date of transaction:                          27 March 2020
Number of securities:                         4 545 455
Price per security:                           R1.30
Value of transaction:                         R5 909 091.50



Name of director:                             Mr Robert Franco
Name of associate:                            Kloof Capital
Relationship of director to associate:        Mr Franco is a director and ultimate shareholder of Kloof
                                              Capital.
Class of securities:                          Ordinary shares
Nature of the transaction:                    Purchase of shares on market
Extent of director’s interest:                Indirect beneficial
Clearance to deal obtained:                   Yes
Date of transaction:                          27 March 2020
Number of securities:                         454 545
Price per security:                           R1.30
Value of transaction:                         R590 908.50



Johannesburg
30 March 2020

Sponsor
Merchantec Capital

Date: 30-03-2020 05:24:00
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