21 May - 2 min read

Dealings In Shares By Associates Of A Director

Dealings In Shares By Associates Of A Director

(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”)


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

 NAME OF DIRECTOR                                Abubaker Varachhia

 COMPANY OF WHICH A DIRECTOR                     Spear REIT Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                 Non-executive

 TYPE AND CLASS OF SECURITIES                    Ordinary shares

 NATURE OF TRANSACTIONS                          Sale of shares by associates          (1-3)
                                                 of the director for purposes of
                                                 rebalancing of portfolios
                                                 (on-market transactions)

 DATES OF TRANSACTIONS                           17 May 2021                           (1)
                                                 18 May 2021                           (2)
                                                 19 May 2021                           (3)

 PRICE PER SECURITY (CENTS)                      630                                   (1)
                                                 650                                   (2)
                                                 650                                   (3)

 NUMBER OF SECURITIES TRANSACTED                 1 100 000                             (1)
                                                 500 000                               (2)
                                                 146                                   (3)

 TOTAL RAND VALUE OF SECURITIES                  R6 930 000.00                         (1)
 TRANSACTED                                      R3 250 000.00                         (2)
                                                 R949.00                               (3)

 NAME OF ASSOCIATE                               Mtshobela Capital Holdings            (1-2)
                                                 Proprietary Limited
                                                 Navari Investments                    (3)
                                                 Proprietary Limited
 RELATIONSHIP WITH DIRECTOR                      Director is a director                (1-2)
                                                 and a shareholder of the associate
                                                 Director is an indirect beneficiary   (3)
                                                 of the Nabilah Family Trust

 NATURE AND EXTENT OF INTEREST IN                Indirect, beneficial                  (1-3)

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

Cape Town
21 May 2021

PSG Capital

Date: 21-05-2021 05:10:00
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