07 Jun - 4 min read

Dealings in securities by directors of Equites

Dealings in securities by directors of Equites

EQUITES PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2013/080877/06)
JSE share code: EQU ISIN: ZAE000188843
JSE alpha code: EQUI
(Approved as a REIT by the JSE)
(“Equites” or “the Company”)


DEALINGS IN SECURITIES BY DIRECTORS OF EQUITES


Following the decision by all three executive directors to defer the vesting of their February 2018 conditional share
awards in terms of the rules of the Equites Conditional Share Plan (“CSP”), shareholders are advised of the
following information relating to the issue of shares under the CSP.

The rules of the CSP allow participants to defer the vesting of the applicable tranche of shares by a further 24
months which will result in the conditional awards increasing on a 3-for-1 basis by the issue of matching shares
(“the Matching Facility”) provided that the participant remains in the Company’s employment and does not sell
any of the shares in that tranche for these further 24 months. The following directors have elected to defer vesting
in respect of their February 2018 conditional share awards and accordingly the shares issued will be pledged to the
Company for a further 24 months:

Name of director:                                                Andrea Taverna-Turisan
Date of transaction:                                             7 June 2021
Class of securities:                                             Ordinary shares
Number of securities:                                            319 516
Price per security:                                              R20.35
Total value of transaction:                                      R6 502 150.60
Nature of transaction:                                           Off-market issue and pledge of shares in terms of
                                                                 the CSP
Nature and extent of director’s interest:                        Direct beneficial
Clearance to deal received:                                      Yes

Name of director:                                                Riaan Gous
Date of transaction:                                             7 June 2021
Class of securities:                                             Ordinary shares
Number of securities:                                            223 116
Price per security:                                              R20.35
Total value of transaction:                                      R4 540 410.60
Nature of transaction:                                           Off-market issue and pledge of shares in terms of
                                                                 the CSP
Nature and extent of director’s interest:                        Direct beneficial
Clearance to deal received:                                      Yes

Name of director:                                                Laila Razack
Date of transaction:                                             7 June 2020
Class of securities:                                             Ordinary shares
Number of securities:                                            20 673
Price per security:                                              R20.35
Total value of transaction:                                      R420 695.55
Nature of transaction:                                           Off-market issue and pledge of shares in terms of
                                                                 the CSP
Nature and extent of director’s interest:                        Direct beneficial
Clearance to deal received:                                      Yes

Shareholders are advised of the following information relating to dealings in securities by directors of the
Company, pursuant to the vesting of conditional awards accepted in terms of the CSP during June 2016 in order
to, inter alia, settle the tax liability due in respect of the shares vested under the CSP:

Name of director:                                                Andrea Taverna-Turisan
Date of transaction:                                             2 June 2021
Class of securities:                                             Ordinary shares
Number of securities:                                            86 191
Highest traded price per security on the market on the day:      R18.58
Weighted average price per security:                             R18.5224
Lowest traded price per security on the market on the day:       R18.25
Total value of transaction:                                      R1 596 464.18
Nature of transaction:                                           On-market sale
Clearance to deal received:                                      Yes

Name of director:                                                Andrea Taverna-Turisan
Date of transaction:                                             3 June 2021
Class of securities:                                             Ordinary shares
Number of securities:                                            261 354
Highest traded price per security on the market on the day:      R18.52
Weighted average price per security:                             R18.3195
Lowest traded price per security on the market on the day:       R18.15
Total value of transaction:                                      R4 787 874.60
Nature of transaction:                                           On-market sale
Clearance to deal received:                                      Yes

Name of director:                                                Andrea Taverna-Turisan
Date of transaction:                                             4 June 2021
Class of securities:                                             Ordinary shares
Number of securities:                                            38 000
Highest traded price per security on the market on the day:      R18.45
Weighted average price per security:                             R18.2844
Lowest traded price per security on the market on the day:       R18.08
Total value of transaction:                                      R694 807.20
Nature of transaction:                                           On-market sale
Clearance to deal received:                                      Yes

Name of director:                                                Riaan Gous
Date of transaction:                                             2 June 2021
Class of securities:                                             Ordinary shares
Number of securities:                                            70 225
Highest traded price per security on the market on the day:      R18.58
Weighted average price per security:                             R18.32136
Lowest traded price per security on the market on the day:       R18.25
Total value of transaction:                                      R1 286 617.50
Nature of transaction:                                           On-market sale
Nature and extent of director’s interest:                        Direct beneficial
Clearance to deal received:                                      Yes

Name of director:                                                Riaan Gous
Date of transaction:                                             3 June 2021
Class of securities:                                             Ordinary shares
Number of securities:                                            40 000
Highest traded price per security on the market on the day:      R18.52
Weighted average price per security:                             R18.38000
Lowest traded price per security on the market on the day:       R18.15
Total value of transaction:                                      R735 200.00
Nature of transaction:                                           On-market sale
Nature and extent of director’s interest:                        Direct beneficial
Clearance to deal received:                                      Yes

7 June 2021


Sponsor
Java Capital

Debt Sponsor
Nedbank Corporate and Investment Banking,
a division of Nedbank Limited

Date: 07-06-2021 04:15:00
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