BALWIN PROPERTIES LIMITED - Dealings in Securities by Executive Directors and Prescribed Officers:Acceptance of long-term incentive share awards

Dealings in Securities by Executive Directors and Prescribed Officers:Acceptance of long-term incentive share awards

Balwin Properties Limited
(Incorporated in the Republic of South Africa)
Registration number 2003/028851/06
Share code: BWN
ISIN: ZAE000209532
(“Balwin” or “the Group”)



DEALINGS IN SECURITIES BY EXECUTIVE DIRECTORS AND PRESCRIBED OFFICERS: ACCEPTANCE OF
LONG-TERM INCENTIVE SHARE AWARDS



In compliance with the JSE Listings Requirements, shareholders are advised that bonus shares have
been awarded to executive directors and prescribed officers of the company as pertaining to the
financial year ended 28 February 2021. The bonus shares were awarded on 13 August 2021 in terms
of the company’s conditional share plan (“CSP”). Details of the CSP are contained in the
Remuneration Report contained in the group’s Integrated Annual Report.

In compliance with rules 3.63 to 3.66 of the JSE Listings Requirements, the following information is
disclosed:

Directors of Balwin Properties Limited

 Name of director:                       Stephen Volker Brookes
 Designation:                            Chief Executive Officer
 Name of company:                        Balwin Properties Limited
 Date of acceptance:                     26 October 2021
 Number of shares:                       773 248
 Deemed price:                           R4.2288
 Total value:                            R3 269 911
 Nature of transaction:                  Off-market acceptance of CSP awards
 Nature of interest:                     Direct beneficial
 Clearance obtained:                     Yes

 Name of prescribed officer:             Rodney Norman Gray
 Designation:                            Managing Director
 Name of company:                        Balwin Properties Limited
 Date of acceptance:                     26 October 2021
 Number of shares:                       590 338
 Deemed price:                           R4.2288
 Total value:                            R2 496 423
 Nature of transaction:                  Off-market acceptance of CSP awards
 Nature of interest:                     Direct beneficial
 Clearance obtained:                     Yes

 Name of director:                       Jonathan Weltman
 Designation:                            Chief Financial Officer
 Name of company:                        Balwin Properties Limited
 Date of acceptance:                     26 October 2021
 Number of shares:                       343 067
 Deemed price:                           R4.2288
 Total value:                            R1 450 760
 Nature of transaction:                  Off-market acceptance of CSP awards
 Nature of interest:                     Direct beneficial
 Clearance obtained:                     Yes

 Name of prescribed officer:             Ulrich Gschnaidtner
 Designation:                            Chief Projects Officer
 Name of company:                        Balwin Properties Limited
 Date of acceptance:                     26 October 2021
 Number of shares:                       462 236
 Deemed price:                           R4.2288
 Total value:                            R1 954 702
 Nature of transaction:                  Off-market acceptance of CSP awards
 Nature of interest:                     Direct beneficial
 Clearance obtained:                     Yes


 Bedfordview
 28 October 2021
 Sponsor
 Investec Bank Limited

Date: 28-10-2021 10:17:00
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