SPEAR REIT LIMITED - Funding Transaction By A Director Of The Company
Funding Transaction By A Director Of The Company
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”)
FUNDING TRANSACTION BY A DIRECTOR OF THE COMPANY
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
following information regarding the dealing in securities is disclosed:
NAME OF DIRECTOR Christiaan Barnard
COMPANY OF WHICH A DIRECTOR Spear REIT Limited
STATUS: EXECUTIVE Executive
DATE OF TRANSACTION 6 August 2021
NATURE OF TRANSACTION Loan funding
TERM OF LOAN FUNDING No fixed term
AMOUNT OF LOAN FUNDING R1 450 000
NUMBER OF SECURITIES OFFERED AS 308 506*
SECURITY, GUARANTEE, COLLATERAL
OR OTHERWISE
VALUE OF SECURITIES OFFERED AS R2 017 629.24**
SECURITY, GUARANTEE, COLLATERAL
OR OTHERWISE
DEEMED VALUE PER SECURITY R6.54
TYPE AND CLASS OF SECURITIES Ordinary shares
ON MARKET /OFF MARKET Off-market
NATURE AND EXTENT OF INTEREST IN Indirect, beneficial
THE TRANSACTION
* The director has provided additional collateral to supplement the 308 506 Spear shares.
** Value of the Spear shares subject to the loan funding.
Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.
Cape Town
11 August 2021
Sponsor
PSG Capital
Date: 11-08-2021 05:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
