22 Sep - 2 min read

Acquistion of Texton shares and dealings in securities by associates of directors

Acquistion of Texton shares and dealings in securities by associates of directors

TEXTON PROPERTY FUND LIMITED
Granted REIT status by the JSE
(Incorporated in the Republic of South Africa)
(Registration number 2005/019302/06)
JSE share code: TEX ISIN: ZAE000190542
(“Texton” or the “Company”)


ACQUISTION OF TEXTON SHARES AND DEALINGS IN SECURITIES BY ASSOCIATES OF
DIRECTORS


In compliance with sections 3.63 to 3.74 of the Listings Requirements of the JSE Limited, Texton shareholders
are advised of the following transactions in the Company’s ordinary shares by associates of directors of the
Company:


Name of director:                           Mr. Marcel Golding
Name of associate:                          Rex Trueform Group Limited (“Rex Trueform”)
Relationship of director to associate:      Mr. Golding is a director of Rex Trueform and is an ultimate
                                            shareholder of Geomer Investments Proprietary Limited which
                                            is in turn a shareholder of Rex Trueform
Class of securities:                        Ordinary shares
Nature of the transaction:                  Purchase of shares on market
Extent of director’s interest:              Indirect beneficial
Clearance to deal obtained:                 Yes
Date of transaction:                        20 September 2021
Number of securities:                       1,000,000
Price per security:                         R3.3059
Value of transaction:                       R3,305,900.00

Name of director:                           Mr. Robert Franco
Name of associate:                          Kloof Capital South Africa (Pty) Ltd (“Kloof Capital”)
Relationship of director to associate:      Mr. Franco is a director and an ultimate shareholder of Kloof
                                            Capital
Class of securities:                        Ordinary shares
Nature of the transaction:                  Purchase of shares on market
Extent of director’s interest:              Indirect beneficial
Clearance to deal obtained:                 Yes
Date of transaction:                        20 September 2021
Number of securities:                       2,038,268
Price per security:                         R3.3059
Value of transaction:                       R6,738,310.18

Acquisition of securities in terms of section 122 of the Companies Act no. 71 of 2008, as amended

In accordance with section 122(3)(b) of the Companies Act, no. 71 of 2008, as amended and section 3.83(b)
of the JSE Limited Listings Requirements, shareholders are hereby advised that the Company has received
formal notification in the prescribed form that the Oak Tech Trading Proprietary Limited and the parties with
whom it is acting in concert (“Oak Tech Concert Parties”) has acquired an interest in the securities of the
Company ("Acquisition").
                                                                                                            
Following the Acquisition, the total direct interest in the securities of the Company held by Oak Tech Concert
Parties has increased to 41.30% of the total issued share capital of the Company.


Sandton
22 September 2021

SPONSOR TO TEXTON
Investec Bank Limited

Date: 22-09-2021 04:23:00
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