EMIRA PROPERTY FUND LIMITED - Acceptance by directors of shares allocated

Acceptance by directors of shares allocated

EMIRA PROPERTY FUND LIMITED
Incorporated in the Republic of South Africa
(Registration number 2014/130842/06)
JSE share code: EMI     ISIN: ZAE000203063
JSE bond company code: EMII
LEI: 3789005E23C6259EAE70
(Approved as a REIT by the JSE)
("Emira" or "the Company")

ACCEPTANCE BY DIRECTORS OF SHARES ALLOCATED

In compliance with paragraph 3.63 of the Listings Requirements and paragraph 6.42 of the Debt Listings
Requirements of the JSE Limited, the following information is disclosed in respect of the acceptance by
directors of the Company of shares allocated in terms of the Emira Matching Share Co-Investment Plan
("Emira Matching Plan"):

Name of director:                         G Jennett
Date of acceptance:                       20 February 2024
Number and class of shares allocated:     214 569 ordinary shares
Issue price:                              Rnil (Free of charge)
Notional value of transaction (based on   R1 847 439.09
an implied price of R8.61 per share,
being the closing price on the date
immediately preceding the date of this
announcement):
Nature of transaction:                    Off-market acceptance of shares, allocated in terms of the
                                          Emira Matching Plan.
Vesting date:                             The shares will vest on 27 January 2027 and be acquired
                                          by the Company in the market, subject to the satisfaction
                                          of certain vesting and performance conditions as set out in
                                          the Emira Matching Plan.
Type of interest:                         Direct beneficial
Clearance to deal obtained:               Yes


Name of director:                         G Booyens
Date of acceptance:                       20 February 2024
Number and class of shares allocated:     99 392 ordinary shares
Issue price:                              Rnil (Free of charge)
Notional value of transaction (based on   R855 765.12
an implied price of R8.61 per share,
being the closing price on the date
immediately preceding the date of this
announcement):
Nature of transaction:                    Off-market acceptance of shares, allocated in terms of the
                                          Emira Matching Plan.
Vesting date:                             The shares will vest on 27 January 2027 and be acquired
                                          by the Company in the market, subject to the satisfaction
                                          of certain vesting and performance conditions as set out in
                                          the Emira Matching Plan.
Type of interest:                         Direct beneficial
Clearance to deal obtained:               Yes


Name of director:                         U Van Biljon
Date of acceptance:                       20 February 2024
Number and class of shares allocated:     102 724 ordinary shares
Issue price:                              Rnil (Free of charge)
Notional value of transaction (based on   R884 453.64
an implied price of R8.61 per share,
being the closing price on the date
immediately preceding the date of this
announcement):
Nature of transaction:                    Off-market acceptance of shares, allocated in terms of the
                                          Emira Matching Plan.
Vesting date:                             The shares will vest on 27 January 2027 and be acquired
                                          by the Company in the market, subject to the satisfaction
                                          of certain vesting and performance conditions as set out in
                                          the Emira Matching Plan.
Type of interest:                         Direct beneficial
Clearance to deal obtained:               Yes




Bryanston
20 February 2024



Sponsor
Questco Corporate Advisory Proprietary Limited

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 20-02-2024 05:00:00
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