DIPULA INCOME FUND LIMITED - Dealings in securities by an associate of a director of the company

Dealings in securities by an associate of a director of the company

DIPULA INCOME FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2005/013963/06)
JSE share code: DIB     ISIN: ZAE000203394
(Approved as a REIT by the JSE)
("Dipula" or "the Company")


DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF THE COMPANY


Shareholders are advised of the following information relating to the vesting of conditional awards of Dipula ordinary
shares awarded to directors on 21 February 2022 in terms of the rules of the Company's approved Conditional Share
Plan ("CSP").

On 19 February 2025, Dipula purchased 919 227 shares on-market at a price of R5.25 per share, for a total value of
R4 825 941.75, to settle the conditional awards which vested, as detailed below:

 Name of associate:                                          QVEST Consulting Proprietary Limited ("QVEST")
 Name of director and relationship to director:              Izak Petersen, who is the sole shareholder of QVEST
 Transaction date:                                           19 February 2025
 Class of securities:                                        Dipula ordinary shares
 Number of securities:                                       919 227
 Value of transaction:                                       R4 825 941.75
 Nature of transaction:                                      Off-market vesting of shares in terms of the CSP
 Nature and extent of director's interest:                   Indirect beneficial
 Clearance to trade:                                         Yes

20 February 2025


Sponsor
Java Capital

Date: 20-02-2025 10:20:00
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