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STOR-AGE PROPERTY REIT LIMITED - Dealing in Securities by Directors

Release Date: 18/01/2021 11:06
Code(s): SSS     PDF:  
Wrap Text
Dealing in Securities by Directors

Stor-Age Property REIT Limited
Incorporated in the Republic of South Africa
Registration number 2015/168454/06
Share Code: SSS ISIN: ZAE000208963
Approved as a REIT by the JSE
(“Stor-Age” or the "Company")

DEALING IN SECURITIES BY DIRECTORS

In compliance with the JSE Limited Listings Requirements, the following information in
respect of directors’ dealings is disclosed:

Executive director                      :   G M Lucas
Company                                 :   Stor-Age Property REIT Limited
Nature of transactions                  :   On-market sale of shares
Class of securities                     :   Ordinary shares
Date of transaction                     :   14 January 2021
Price per security (cents)              :   1 365
Number of securities                    :   150 000
Total value                             :   R2 047 500.00
Nature of interest                      :   Direct beneficial
Clearance obtained                      :   Yes

Executive director                      :   S J Horton
Company                                 :   Stor-Age Property REIT Limited
Nature of transactions                  :   On-market sale of shares
Class of securities                     :   Ordinary shares
Date of transaction                     :   14 January 2021
Price per security (cents)              :   1 365
Number of securities                    :   150 000
Total value                             :   R2 047 500.00
Nature of interest                      :   Direct beneficial
Clearance obtained                      :   Yes

Executive director                      :   S C Lucas
Company                                 :   Stor-Age Property REIT Limited
Nature of transactions                  :   On-market sale of shares
Class of securities                     :   Ordinary shares
Date of transaction                     :   15 January 2021
Price per security (cents)              :   1 370
Number of securities                    :   100 000
Total value                             :   R1 370 000

All of the above transactions, by the three executive directors of Stor-Age, relate to the
sale of shares acquired in terms of the Stor-Age Property REIT Limited Share Purchase
And Option Scheme (the “Scheme”). The proceeds from the sales are to be used to settle
their respective loan obligations in terms of the the Scheme. The Scheme has been
superseded by a Conditional Share Plan adopted by shareholders in February 2019.

Non-executive director                  :   Mr J A L Chapman
Company                                 :   Stor-Age Property REIT Limited
Date of transaction                     :   7 December 2020
Nature of transaction                   :   Acquisition of ordinary shares through participation in
                                            the Company’s dividend re-investment programme
Class of securities                     :   Ordinary shares
Number of securities                    :   5 323 ordinary shares at R12.40
Total value                             :   R66 005.20
Nature of interest                      :   Direct beneficial
Clearance obtained                      :   No


Cape Town
18 January 2021

Sponsor
Investec Bank Limited

Date: 18-01-2021 11:06:00
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