GROWTHPOINT PROPERTIES LIMITED - Dealings in securities by Growthpoint directors and executives of a major subsidiary

Release Date: 12/10/2018 16:05
Code(s): GRT
 
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Dealings in securities by Growthpoint directors and executives of a major subsidiary

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    GROWTHPOINT        DIRECTORS   AND   EXECUTIVES   OF    A   MAJOR
SUBSIDIARY

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


Executive                                       :   Mr D Stoll
Company                                         :   Growthpoint Properties Limited
Subsidiary Company                                  Growthpoint Management Services (Pty)
                                                    Ltd
Date of transaction                             :   10 October 2018
Nature of transaction                           :   On-market sale of ordinary shares
                                                    pursuant    to    the    exercise   on
                                                    10 October 2018 of 38,630 nil cost
                                                    options awarded under the Growthpoint
                                                    Staff Incentive Scheme.
Number of securities                            :   17,384
Class of securities                             :   Ordinary Shares
Volume-weighted average selling price           :   R23.01
Highest trading price                           :   R23.01
Lowest trading price                            :   R23.00
Total value of transaction                      :   R399,945.00
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                             :   10 October 2018
Nature of transaction                           :   Off-market acquisition of ordinary
                                                    shares pursuant to the exercise on
                                                    10 October 2018 of 38,630 nil cost
                                                    options awarded under the Growthpoint
                                                    Staff Incentive Scheme.
Number of securities                            :   21,246
Class of securities                             :   Ordinary Shares
Purchase price                                  :   R23.01
Total value of transaction                      :   R488,870.46
Nature of interest                              :   Direct, beneficial
Clearance obtained                              :   Yes


Director                                :   Mr G Völkel
Company                                 :   Growthpoint Properties Limited
Date of transaction                     :   10 October 2018
Nature of transaction                   :   On-market sale of ordinary shares
                                            pursuant    to    the    exercise  on
                                            10 October 2018 of 60,632 nil cost
                                            options awarded under the Growthpoint
                                            Staff Incentive Scheme.
Number of securities                    :   27,284
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R22.96
Highest trading price                   :   R22.98
Lowest trading price                    :   R22.95
Total value of transaction              :   R626,492.48
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Director                                :   Mr G Völkel
Company                                 :   Growthpoint Properties Limited
Date of transaction                     :   10 October 2018
Nature of transaction                   :   Off-market acquisition of ordinary
                                            shares pursuant to the exercise on
                                            10 October 2018 of 60,632 nil cost
                                            options awarded under the Growthpoint
                                            Staff Incentive Scheme.
Number of securities                    :   33,348
Class of securities                     :   Ordinary Shares
Purchase price                          :   R22.96
Total value of transaction              :   R765,670.08
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                     :   11 October 2018
Nature of transaction                   :   On-market sale of ordinary shares
                                            pursuant    to    the    exercise   on
                                            11 October 2018 of 24,999 nil cost
                                            options awarded under the Growthpoint
                                            Staff Incentive Scheme.
Number of securities                    :   24,999
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R22.97
Highest trading price                   :   R22.97
Lowest trading price                    :   R22.96
Total value of transaction              :   R574,104.53
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes


Director                                :   Ms O Chauke
Company                                 :   Growthpoint Properties Limited
Date of transaction                     :   11 October 2018
Nature of transaction                   :   On-market sale of ordinary shares
                                            pursuant    to    the    exercise  on
                                            11 October 2018 of 3,890 nil cost
                                            options awarded under the Growthpoint
                                            Staff Incentive Scheme.
Number of securities                    :   3,890
Class of securities                     :   Ordinary Shares
Selling price                           :   R22.90
Total value of transaction              :   R89,081.00
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                     :   11 October 2018
Nature of transaction                   :   On-market sale of ordinary shares
                                            pursuant    to    the    exercise   on
                                            11 October 2018 of 20,541 nil cost
                                            options awarded under the Growthpoint
                                            Staff Incentive Scheme.
Number of securities                    :   9,244
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R22.81
Highest trading price                   :   R22.82
Lowest trading price                    :   R22.80
Total value of transaction              :   R210,847.32
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                     :   11 October 2018
Nature of transaction                   :   Off-market acquisition of ordinary
                                            shares pursuant to the exercise on
                                            11 October 2018 of 20,541 nil cost
                                            options awarded under the Growthpoint
                                            Staff Incentive Scheme.
Number of securities                    :   11,297
Class of securities                     :   Ordinary Shares
Purchase price                          :   R22.81
Total value of transaction              :   R257,684.57
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                     :   12 October 2018
Nature of transaction                   :   On-market sale of ordinary shares
                                            pursuant    to    the    exercise   on
                                            11 October 2018 of 38,433 nil cost
                                            options awarded under the Growthpoint
                                            Staff Incentive Scheme.
Number of securities                    :   17,295
Class of securities                     :   Ordinary Shares
Volume-weighted average selling price   :   R23.22
Highest trading price                   :   R23.23
Lowest trading price                    :   R23.21
Total value of transaction              :   R401,653.89
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                     :   12 October 2018
Nature of transaction                   :   Off-market acquisition of ordinary
                                            shares pursuant to the exercise on
                                            11 October 2018 of 38,433 nil cost
                                            options awarded under the Growthpoint
                                            Staff Incentive Scheme.
Number of securities                    :   21,138
Class of securities                     :   Ordinary Shares
Purchase price                          :   R23.22
Total value of transaction              :   R490,824.36
Nature of interest                      :   Direct, beneficial
Clearance obtained                      :   Yes




Sandton

12 October 2018
Sponsor: Investec Bank Limited

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