SPEAR REIT LIMITED - Dealings In Shares By Associates Of A Director

Dealings In Shares By Associates Of A Director

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")

DEALINGS IN SHARES BY ASSOCIATES OF A DIRECTOR

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:

1.
 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        (1-3)
                                                 associate of the director
                                                 (on-market transactions)

 DATES OF TRANSACTIONS                           28 December 2023                (1)
                                                 29 December 2023                (2)
                                                 2 January 2024                  (3)

 PRICE PER SECURITY (CENTS)                      High: 819                       (1)
                                                 Low: 815
                                                 Average: 815.61
                                                 813                             (2)
                                                 815                             (3)

 NUMBER OF SECURITIES TRANSACTED                 1 650                           (1)
                                                 2 000                           (2)
                                                 1 200                           (3)

 TOTAL RAND VALUE OF SECURITIES                  R13 457.50                      (1)
 TRANSACTED                                      R16 260.00                      (2)
                                                 R9 780.00                       (3)

 NAME OF ASSOCIATE                               Rosvest Proprietary Limited     (1-3)

 RELATIONSHIP WITH DIRECTOR                      Director is a director of the   (1-3)
                                                 associate, a director of a
                                                 shareholder of the associate
                                                 and a beneficiary and trustee
                                                 of ultimate shareholder of
                                                 the associate

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

2.
 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 TRANSACTION                          Disposal of shares by an associate of
                                                the director (on-market transaction)

 DATE OF TRANSACTION                            29 December 2023

 PRICE PER SECURITY (CENTS)                     High: 819
                                                Low: 813
                                                Average: 815.61

 NUMBER OF SECURITIES TRANSACTED                23 000

 TOTAL RAND VALUE OF SECURITIES                 R187 590.00
 TRANSACTED

 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

 NATURE AND EXTENT OF INTEREST IN               Indirect, beneficial
 THE TRANSACTION


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

Cape Town
3 January 2024

Sponsor
PSG Capital

Date: 03-01-2024 05:15:00
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