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GROWTHPOINT PROPERTIES LIMITED - Dealings in Securities by Executive Directors, Directors/Executives of a Major Subsidiary and The Company Secretary

Release Date: 05/04/2018 17:15
Code(s): GRT     PDF:  
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Dealings in Securities by Executive Directors, Directors/Executives of a Major Subsidiary and The Company Secretary

Growthpoint Properties Limited
Approved as a REIT by the JSE

Incorporated in the Republic of South Africa)
Registration number 1987/004988/06
ISIN: ZAE000179420
JSE Share code: GRT
("Growthpoint”)


DEALINGS IN SECURITIES BY EXECUTIVE DIRECTORS, DIRECTORS/EXECUTIVES OF A MAJOR
SUBSIDIARY AND THE COMPANY SECRETARY

In compliance with the JSE Limited Listings Requirements, the following
information is disclosed pursuant to the exercise by the stated officials of a
one-fifth tranche of their respective reducing strike price options awarded to
them on 1 April 2014 under Growthpoint’s Key Staff Retention Scheme, 50% of which
tranche became unfettered on 1 April 2018 plus 50% of the tranche that became
unfettered on 1 April 2016 but was deferred until 1 April 2018.


Director                                :   Mr LN Sasse
Company                                 :   Growthpoint Properties Limited
Date of transaction                     :   3 April 2018
Nature of transaction                   :   On-market sale
Number of securities                    :   594,410
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R28.06
Highest trading price                   :   R28.19
Lowest trading price                    :   R28.04
Total value of transaction              :   R16,681,225.04
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Director                                :   Mr EK de Klerk
Company                                 :   Growthpoint Properties Limited
Date of transaction                     :   3 April 2018
Nature of transaction                   :   On-market sale
Number of securities                    :   356,646
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R28.06
Highest trading price                   :   R28.19
Lowest trading price                    :   R28.04
Total value of transaction              :   R10,008,735.02
Nature of interest of Director          :   Direct, beneficial
Clearance obtained                      :   Yes


Director of a major subsidiary          :   Mr SA le Roux
Company                                 :   Growthpoint Properties Limited
Subsidiary company                      :   Growthpoint Management Services (Pty)
                                            Ltd
Date of transaction                     :   3 April 2018
Nature of transaction                   :   On-market sale
Number of securities                    :   235,481
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R28.04
Highest trading price                   :   R28.10
Lowest trading price                    :   R28.00
Total value of transaction              :   R6,602,651.76
Nature of interest of Director          :   Direct, beneficial
Clearance obtained                      :   Yes

Director of a major subsidiary          :   Mr RG Pienaar
Company                                 :   Growthpoint Properties Limited
Subsidiary company                      :   Growthpoint Management Services (Pty)
                                            Ltd
Date of transaction                     :   3 April 2018
Nature of transaction                   :   On-market sale
Number of securities                    :   260,056
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R28.06
Highest trading price                   :   R28.19
Lowest trading price                    :   R28.04
Total value of transaction              :   R7,298,081.56
Nature of interest of Director          :   Direct, beneficial
Clearance obtained                      :   Yes

Director of a major subsidiary          :   Mr E Binedell
Company                                 :   Growthpoint Properties Limited
Subsidiary company                      :   Growthpoint Management Services (Pty)
                                            Ltd
Date of transaction                     :   3 April 2018
Nature of transaction                   :   On-market sale
Number of securities                    :   134,672
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R28.06
Highest trading price                   :   R28.49
Lowest trading price                    :   R28.04
Total value of transaction              :   R3,779,367.67
Nature of interest of Director          :   Direct, beneficial
Clearance obtained                      :   Yes


Director of a major subsidiary          :   Mr E Binedell
Company                                 :   Growthpoint Properties Limited
Subsidiary company                      :   Growthpoint Management Services (Pty)
                                            Ltd
Date of transaction                     :   3 April 2018
Nature of transaction                   :   Off-market acquisition
Number of securities                    :   51,082
Class of securities                     :   Ordinary Shares
Purchase price                          :   R28.05
Total value of transaction              :   R1,432,952.26
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes

Executive                               :   Mr P Kollenberg
Company                                 :   Growthpoint Properties Limited
Subsidiary company                      :   Growthpoint Management Services (Pty)
                                            Ltd
Date of transaction                     :   3 April 2018
Nature of transaction                   :   On-market sale
Number of securities                    :   18,148
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R28.04
Highest trading price                   :   R28.10
Lowest trading price                    :   R28.00
Total value of transaction              :   R508,851.77
Nature of interest of Director          :   Direct, beneficial
Clearance obtained                      :   Yes

Executive                               :   Mr P Kollenberg
Company                                 :   Growthpoint Properties Limited
Subsidiary company                      :   Growthpoint Management Services (Pty)
                                            Ltd
Date of transaction                     :   3 April 2018
Nature of transaction                   :   Off-market acquisition
Number of securities                    :   22,181
Class of securities                     :   Ordinary Shares
Purchase price                          :   R28.04
Total value of transaction              :   R621,933.06
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Executive                               :   Mr E Taylor
Company                                 :   Growthpoint Properties Limited
Subsidiary company                      :   Growthpoint Management Services (Pty)
                                            Ltd
Date of transaction                     :   3 April 2018
Nature of transaction                   :   On-market sale
Number of securities                    :   16,792
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R28.06
Highest trading price                   :   R28.19
Lowest trading price                    :   R28.05
Total value of transaction              :   R471,242.29
Nature of interest of Director          :   Direct, beneficial
Clearance obtained                      :   Yes


Executive                               :   Mr E Taylor
Company                                 :   Growthpoint Properties Limited
Subsidiary company                      :   Growthpoint Management Services (Pty)
                                            Ltd
Date of transaction                     :   3 April 2018
Nature of transaction                   :   Off-market acquisition
Number of securities                    :   20,524
Class of securities                     :   Ordinary Shares
Purchase price                          :   R28.06
Total value of transaction              :   R575,975.27
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Executive                               :   Mr N Schloss
Company                                 :   Growthpoint Properties Limited
Subsidiary company                      :   Growthpoint Management Services (Pty)
                                            Ltd
Date of transaction                     :   3 April 2018
Nature of transaction                   :   On-market sale
Number of securities                    :   52,904
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R28.06
Highest trading price                   :   R28.19
Lowest trading price                    :   R28.04
Total value of transaction              :   R1,484,671.40
Nature of interest of Director          :   Direct, beneficial
Clearance obtained                      :   Yes

Executive                               :   Mr G Muchanya
Company                                 :   Growthpoint Properties Limited
Subsidiary company                      :   Growthpoint Management Services (Pty)
                                            Ltd
Date of transaction                     :   3 April 2018
Nature of transaction                   :   On-market sale
Number of securities                    :   53,498
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R28.04
Highest trading price                   :   R28.19
Lowest trading price                    :   R28.05
Total value of transaction              :   R1,500,030.42
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Executive                               :   Mr G Muchanya
Company                                 :   Growthpoint Properties Limited
Subsidiary company                      :   Growthpoint Management Services (Pty)
                                            Ltd
Date of transaction                     :   3 April 2018
Nature of transaction                   :   Off-market acquisition
Number of securities                    :   65,384
Class of securities                     :   Ordinary Shares
Purchase price                          :   R28.04
Total value of transaction              :   R1,833,301.98
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Executive                               :   Ms D Bouma
Company                                 :   Growthpoint Properties Limited
Subsidiary company                      :   Growthpoint Management Services (Pty)
                                            Ltd
Date of transaction                     :   3 April 2018
Nature of transaction                   :   On-market sale
Number of securities                    :   39,856
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R28.06
Highest trading price                   :   R28.19
Lowest trading price                    :   R28.04
Total value of transaction              :   R1,118,498.86
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Executive                               :   Mr D Stoll
Company                                 :   Growthpoint Properties Limited
Subsidiary company                      :   Growthpoint Management Services (Pty)
                                            Ltd
Date of transaction                     :   3 April 2018
Nature of transaction                   :   On-market sale
Number of securities                    :   74,302
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R28.06
Highest trading price                   :   R28.19
Lowest trading price                    :   R28.04
Total value of transaction              :   R2,085,174.18
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes

Executive                               :   Mr G de Klerk
Company                                 :   Growthpoint Properties Limited
Subsidiary company                      :   Growthpoint Management Services (Pty)
                                            Ltd
Date of transaction                     :   3 April 2018
Nature of transaction                   :   On-market sale
Number of securities                    :   74,302
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R28.06
Highest trading price                   :   R28.19
Lowest trading price                    :   R28.04
Total value of transaction              :   R2,085,174.18
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Executive                               :   Ms N Kuzmanich
Company                                 :   Growthpoint Properties Limited
Subsidiary company                      :   Growthpoint Management Services (Pty)
                                            Ltd
Date of transaction                     :   3 April 2018
Nature of transaction                   :   On-market sale
Number of securities                    :   40,369
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R28.04
Highest trading price                   :   R28.10
Lowest trading price                    :   R28.00
Total value of transaction              :   R1,131,906.39
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Executive                               :   Mr S Theunissen
Company                                 :   Growthpoint Properties Limited
Subsidiary company                      :   Growthpoint Management Services (Pty)
                                            Ltd
Date of transaction                     :   3 April 2018
Nature of transaction                   :   On-market sale
Number of securities                    :   7,074
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R28.04
Highest trading price                   :   R28.10
Lowest trading price                    :   R28.00
Total value of transaction              :   R198,347.89
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Executive                               :   Mr S Theunissen
Company                                 :   Growthpoint Properties Limited
Subsidiary company                      :   Growthpoint Management Services (Pty)
                                            Ltd
Date of transaction                     :   3 April 2018
Nature of transaction                   :   Off-market acquisition
Number of securities                    :   8,644
Class of securities                     :   Ordinary Shares
Purchase price                          :   R28.04
Total value of transaction              :   R242,369.12
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes

Company Secretary                       :   Mr RA Krabbenhöft
Company                                 :   Growthpoint Properties Limited
Date of transaction                     :   3 April 2018
Nature of transaction                   :   On-market sale
Number of securities                    :   26,750
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R28.06
Highest trading price                   :   R28.19
Lowest trading price                    :   R28.04
Total value of transaction              :   R750,698.63
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Company Secretary                       :   Mr RA Krabbenhöft
Company                                 :   Growthpoint Properties Limited
Date of transaction                     :   3 April 2018
Nature of transaction                   :   Off-market acquisition
Number of securities                    :   32,692
Class of securities                     :   Ordinary Shares
Purchase price                          :   R28.06
Total value of transaction              :   R917,451.94
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Sandton
5 April 2018

Sponsor: Investec Bank Limited

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