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EQUITES PROPERTY FUND LIMITED - Dealings in securities by directors and by associates of directors of Equites

Release Date: 25/05/2020 17:20
Code(s): EQU     PDF:  
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Dealings in securities by directors and by associates of directors of Equites

EQUITES PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2013/080877/06)
JSE share code: EQU ISIN: ZAE000188843
(Approved as a REIT by the JSE)
(“Equites” or “the company”)


DEALINGS IN SECURITIES BY DIRECTORS AND BY ASSOCIATES OF DIRECTORS OF EQUITES


Shareholders are referred to the declaration of a cash dividend for the six months ended 29 February 2020, with an election to
reinvest the cash dividend in return for Equites shares, the results of which were announced on Monday, 25 May 2020 (the “dividend
reinvestment alternative”). Shareholders are hereby advised of the following information relating to dealings in securities by
directors and by associates of directors of Equites in terms of the dividend reinvestment alternative:

 Name of director:                                     Riaan Gous
 Transaction date:                                     22 May 2020
 Class of securities:                                  Ordinary shares
 Number of securities:                                 36 499
 Price per security:                                   R15.32
 Total value:                                          R559 164.68
 Nature of transaction:                                Off-market reinvestment in terms of the dividend reinvestment alternative
 Nature and extent of director’s interest:             Direct beneficial
 Clearance to deal received:                           Yes

 Name of associate:                                    GRG Investments Proprietary Limited (“GRG Investments”)
 Name of director and relationship to director:        Riaan Gous who is a director and sole shareholder of GRG Investments
 Transaction date:                                     22 May 2020
 Class of securities:                                  Ordinary shares
 Number of securities:                                 96 648
 Price per security:                                   R15.32
 Total value:                                          R1 480 647.36
 Nature of transaction:                                Off-market reinvestment in terms of the dividend reinvestment alternative
 Nature and extent of director’s interest:             Indirect beneficial
 Clearance to deal received:                           Yes

 Name of director:                                     Andre Gouws
 Transaction date:                                     22 May 2020
 Class of securities:                                  Ordinary shares
 Number of securities:                                 104
 Price per security:                                   R15.32
 Total value:                                          R1 593.28
 Nature of transaction:                                Off-market reinvestment in terms of the dividend reinvestment alternative
 Nature and extent of director’s interest:             Direct beneficial
 Clearance to deal received:                           Yes

 Name of associate:                                    Henlizer Investments Proprietary Limited (“Henlizer”)
 Name of director and relationship to director:        Andre Gouws who is a director of Henlizer and a beneficiary of The
                                                       Henlizer Trust which owns 100% of Henlizer
 Transaction date:                                     22 May 2020
 Class of securities:                                  Ordinary shares
 Number of securities:                                 21 124
 Price per security:                                   R15.32
 Total value:                                          R323 619.68
 Nature of transaction:                                Off-market reinvestment in terms of the dividend reinvestment alternative
 Nature and extent of director’s interest:             Indirect beneficial
 Clearance to deal received:                           Yes
                                                                                                                                    2
 Name of associate:                                    Chandians Investments Proprietary Limited (“Chandians”)
 Name of director and relationship to director:        Andre Gouws who is a director of Chandians and a beneficiary of The
                                                       Henlizer Trust which owns 100% of Chandians
 Transaction date:                                     22 May 2020
 Class of securities:                                  Ordinary shares
 Number of securities:                                 331 538
 Price per security:                                   R15.32
 Total value:                                          R5 079 162.16
 Nature of transaction:                                Off-market reinvestment in terms of the dividend reinvestment alternative
 Nature and extent of director’s interest:             Indirect beneficial
 Clearance to deal received:                           Yes

 Name of director:                                     Nazeem Khan
 Transaction date:                                     22 May 2020
 Class of securities:                                  Ordinary shares
 Number of securities:                                 5 752
 Price per security:                                   R15.32
 Total value:                                          R88 120.64
 Nature of transaction:                                Off-market reinvestment in terms of the dividend reinvestment alternative
 Nature and extent of director’s interest:             Direct beneficial
 Clearance to deal received:                           Yes

 Name of director:                                     Ruth Benjamin-Swales
 Transaction date:                                     22 May 2020
 Class of securities:                                  Ordinary shares
 Number of securities:                                 1 725
 Price per security:                                   R15.32
 Total value:                                          R26 427.00
 Nature of transaction:                                Off-market reinvestment in terms of the dividend reinvestment alternative
 Nature and extent of director’s interest:             Direct beneficial
 Clearance to deal received:                           Yes

 Name of associate:                                    Phillip Swales
 Name of director:                                     Ruth Benjamin-Swales
 Relationship to director:                             Husband
 Transaction date:                                     22 May 2020
 Class of securities:                                  Ordinary shares
 Number of securities:                                 287
 Price per security:                                   R15.32
 Total value:                                          R4 396.84
 Nature of transaction:                                Off-market reinvestment in terms of the dividend reinvestment alternative
 Nature and extent of director’s interest:             Not applicable

Shareholders are further advised of the following dealings in securities by an associate of a director of Equites:

 Name of associate:                                    Chiluan Holdings Proprietary Limited (“Chiluan”)
 Name of director and relationship to director:        Andrea Taverna-Turisan who is a director of Chiluan and who holds an
                                                       indirect beneficial interest in Chiluan via trusts of which he is a beneficiary
                                                       or potential beneficiary
 Transaction date:                                     20 May 2020
 Class of securities:                                  Ordinary shares
 Number of securities:                                 800 000
 Highest traded price per security on the market on    R17.10
 the day:
 Weighted average price per security:                  R16.5116
 Lowest traded price per security on the market on     R16.26
 the day:
 Total value:                                          R13 209 280.00
 Nature of transaction:                                On-market sale
 Nature and extent of director’s interest:             Indirect beneficial
 Clearance to deal received:                           Yes
                                                                                                                    3
 Name of associate:                                    Zambia Flower Export Limited (“Zambia Flower”)
 Name of director and relationship to director:        Andrea Taverna-Turisan who holds an indirect beneficial interest in
                                                       Zambia Flower
 Transaction date:                                     20 May 2020
 Class of securities:                                  Ordinary shares
 Number of securities:                                 400 000
 Price per security:                                   R16.50
 Total value:                                          R6 600 000.00
 Nature of transaction:                                On-market sale
 Nature and extent of director’s interest:             Indirect beneficial
 Clearance to deal received:                           Yes

25 May 2020


Corporate advisor and sponsor
Java Capital

Date: 25-05-2020 05:20:00
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