To view the PDF file, sign up for a MySharenet subscription.

STOR-AGE PROPERTY REIT LIMITED - Vesting of Stor-Age CSP Shares & Directors Dealings

Release Date: 09/09/2024 12:12
Code(s): SSS STOR01 STOR02     PDF:  
Wrap Text
Vesting of Stor-Age CSP Shares & Director’s Dealings

Stor-Age Property REIT Limited
Incorporated in the Republic of South Africa
Registration number 2015/168454/06
Share code: SSS ISIN: ZAE000208963
Alpha code: SSSI
Approved as a REIT by the JSE
("Stor-Age")

VESTING OF STOR-AGE CSP SHARES & DIRECTOR'S DEALINGS

1.  Vesting of Stor-Age shares

In compliance with paragraphs 3.63 to 3.66 of the JSE Listings Requirements and paragraphs 6.42 to
6.44 of the Debt Listings Requirements, the following information is disclosed in respect of the vesting
of performance shares in terms of the Stor-Age Conditional Share Plan ("CSP"):

Name and position:                                   G M Lucas – CEO
Nature of transaction:                               Off market vesting of CSP shares
Clearance to deal obtained:                          Yes
Nature of interest:                                  Direct beneficial
Class of securities                                  Ordinary shares of no par value
Date of transaction:                                 5 September 2024
Number of shares:                                    562 547
Price per share:                                     R14.18
Total value:                                         R7 976 916.46

Name and position:                                   S C Lucas – Financial director
Nature of transaction:                               Off market vesting of CSP shares
Clearance to deal obtained:                          Yes
Nature of interest:                                  Direct beneficial
Class of securities                                  Ordinary shares of no par value
Date of transaction:                                 5 September 2024
Number of shares:                                    562 547
Price per share:                                     R14.18
Total value:                                         R7 976 916.46

Name and position:                                   S J Horton – Executive director
Nature of transaction:                               Off market vesting of CSP shares
Clearance to deal obtained:                          Yes
Nature of interest:                                  Direct beneficial
Class of securities                                  Ordinary shares of no par value
Date of transaction:                                 5 September 2024
Number of shares:                                    562 547
Price per share:                                     R14.18
Total value:                                         R7 976 916.46

2.  Director's dealings

In compliance with paragraphs 3.63 to 3.66 of the JSE Listings Requirements and paragraphs 6.42 to
6.44 of the Debt Listings Requirements, the following information is disclosed in respect of a disposal
of ordinary shares by an executive director:

Executive director:                                  S C Lucas
Nature of transaction:                               On market sale of shares
Clearance to deal obtained:                          Yes
Date of transaction:                                 6 September 2024
Nature of interest:                                  Direct beneficial
Class of securities:                                 Ordinary shares of no par value
Number of shares sold:                               44 281
Price per share:                                     R14.50
Total value:                                         R642 074.50

Cape Town
9 September 2024
Equity Sponsor
Investec Bank Limited

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

Date: 09-09-2024 12:12:00
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.