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Disclosure of Disposal of Securities
SPEAR REIT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2015/407237/06)
Share Code: SEA
ISIN: ZAE000228995
LEI: 378900F76170CCB33C50
Approved as a REIT by the JSE
("Spear" or "the Company")
DISCLOSURE OF DISPOSAL OF SECURITIES
In accordance with the JSE Listings Requirements and section 122(3)(b) of the Companies
Act, No. 71 of 2008, as amended ("Companies Act"), shareholders are advised that the
Company has received formal notification in the prescribed form from Truffle Asset
Management (Pty) LTD ("Truffle"), advising that it has disposed of a beneficial interest in
securities of the Company, such that the total of all beneficial interests held by it amounts to
4.25% of the Company's total issued ordinary share capital.
The requisite notice in terms of section 122(3)(a) of the Companies Act has been filed with the
Takeover Regulation Panel.
The board of the Company accepts responsibility for the information contained in this
announcement and confirms that, to the best of its knowledge and belief, such information
accurately reflects the information contained in the TRP 121.1 form received by the Company
from Truffle and that this announcement does not omit anything likely to affect the importance
of the information contained in this announcement.
Cape Town
7 August 2026
Sponsor
PSG Capital
Date: 07-08-2026 12:20:00
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