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Fri 21 Dec 2018, 12:20 SPEAR REIT LIMITED - Dealings in Shares by an Associate of a Director
SEA 201812210035A
Dealings in Shares by an Associate of a Director

SPEAR REIT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2015/407237/06)
Share Code: SEA
ISIN: ZAE000228995
Approved as a REIT by the JSE
("Spear" or "the Company")


DEALINGS IN SHARES BY AN ASSOCIATE OF A DIRECTOR


In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
following information regarding dealings in securities is disclosed:

 NAME OF DIRECTOR                                Quintin Michael Rossi

 COMPANY OF WHICH A DIRECTOR                     Spear REIT Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive

 TYPE AND CLASS OF SECURITIES                    Ordinary shares

 NATURE OF TRANSACTIONS                          Purchase of shares by an associate of
                                                 the director (on-market transactions)

 DATE OF TRANSACTIONS                            19 December 2018           (1)

                                                 20 December 2018           (2)

 PRICE PER SECURITY (CENTS)                      High: 997                  (1)
                                                 Low: 979
                                                 Average: 983.36

                                                 High: 960                  (2)
                                                 Low: 959
                                                 Average: 959.99

 NUMBER OF SECURITIES TRANSACTED                 2 552                      (1)

                                                 12 489                     (2)

 TOTAL RAND VALUE OF SECURITIES                  R24 800.38                 (1)
 TRANSACTED
                                                 R119 892.8                 (2)

 NAME OF ASSOCIATE                               Evlah Investments Proprietary Limited

 RELATIONSHIP WITH DIRECTOR                      Director is a director of the associate and a
                                                 beneficiary and trustee of the associate's
                                                 sole shareholder          (1) – (2)

 NATURE AND EXTENT OF INTEREST IN                Indirect, beneficial    (1) – (2)
 THE TRANSACTIONS

Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.

Cape Town
21 December 2018

Sponsor
PSG Capital

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