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GROWTHPOINT PROPERTIES LIMITED - Dealings in Securities by a Growthpoint Director

Release Date: 15/11/2018 14:30
Code(s): GRT     PDF:  
Wrap Text
Dealings in Securities by a Growthpoint Director

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 A GROWTHPOINT DIRECTOR

In compliance with the       JSE   Limited       Listings   Requirements,   the   following
information is disclosed


Director                                     :   Mr LN Sasse
Company                                      :   Growthpoint Properties Limited
Date of transaction                          :   14 November 2018
Nature of transaction                        :   On-market sale of ordinary shares
                                                 pursuant    to    the    exercise on
                                                 14 November 2018 of 218,973 nil cost
                                                 options awarded under Growthpoint’s
                                                 Staff Incentive Scheme.
Number of securities                         :   98,539
Class of securities                          :   Ordinary Shares
Volume-weighted average selling price        :   R23.895
Highest trading price                            R23.90
Lowest trading price                             R23.89
Total value of transaction                   :   R2,354,618.97
Nature of interest                           :   Direct, beneficial
Clearance obtained                           :   Yes


Director                                     :   Mr L N Sasse
Company                                      :   Growthpoint Properties Limited
Date of transaction                          :   14 November 2018
Nature of transaction                        :   Off-market acquisition of ordinary
                                                 shares pursuant to the exercise on
                                                 14 November 2018 of 218,973 nil cost
                                                 options awarded under Growthpoint’s
                                                 Staff Incentive Scheme.
Number of securities                         :   120,434
Class of securities                          :   Ordinary Shares
Purchase price                               :   R23.89
Total value of transaction                   :   R2,877,168.26
Nature of interest                           :   Direct, beneficial
Clearance obtained                           :   Yes




Sandton

15 November 2018
Sponsor: Investec Bank Limited

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