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STOR-AGE PROPERTY REIT LIMITED - Dealings in securities by Directors: Clarification

Release Date: 26/03/2021 14:59
Code(s): SSS     PDF:  
Wrap Text
Dealings in securities by Directors: Clarification

Stor-Age Property REIT Limited
Incorporated in the Republic of South Africa
Registration number 2015/168454/06
Share Code: SSS ISIN: ZAE000208963
Approved as a REIT by the JSE
(“Stor-Age” or the "Company")

           
DEALINGS IN SECURITIES BY DIRECTORS: CLARIFICATION


Further to the SENS announcement released on 25 March 2021 please note that
clearance was obtained in respect of each dealing outlined below.

Executive director                       :   G M Lucas
Company                                  :   Stor-Age Property REIT Limited
Nature of transactions                   :   On-market sale of shares
Class of securities                      :   Ordinary shares
Date of transaction                      :   19 March 2021
Price per security (cents)               :   1 341.22
Number of securities                     :   255 417
Total value                              :   R3 425 703.89

Executive director                       :   S J Horton
Company                                  :   Stor-Age Property REIT Limited
Nature of transactions                   :   On-market sale of shares
Class of securities                      :   Ordinary shares
Date of transaction                      :   19 March 2021
Price per security (cents)               :   1 341.22
Number of securities                     :   255 417
Total value                              :   R3 425 703.89

Executive director                       :   S C Lucas
Company                                  :   Stor-Age Property REIT Limited
Nature of transactions                   :   On-market sale of shares
Class of securities                      :   Ordinary shares
Date of transaction                      :   19 March 2021
Price per security (cents)               :   1 341.22
Number of securities                     :   247 916
Total value                              :   R3 325 098.98


All of the above direct beneficial transactions, by the three executive directors of Stor-Age,
relate to the sale of shares acquired in terms of the Stor-Age Property REIT Limited Share
Purchase And Option Scheme (the “Scheme”). The proceeds from the sales are to be
used to settle their respective loan obligations in terms of the Scheme. The Scheme has
been superseded by a Conditional Share Plan adopted by shareholders in February 2019.


Cape Town
26 March 2021

Sponsor
Investec Bank Limited

Date: 26-03-2021 02:59:00
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