DIPULA INCOME FUND LIMITED - Dealings in securities by an associate of a director of the company

Dealings in securities by an associate of a director of the company

DIPULA INCOME FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2005/013963/06)
JSE share code: DIB     ISIN: ZAE000203394
(Approved as a REIT by the JSE)
("Dipula" or "the Company")


DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF THE COMPANY


Shareholders are advised of the following information relating to the vesting of conditional awards of Dipula ordinary
shares awarded to directors on 1 June 2021 in terms of the rules of the Company's approved Conditional Share Plan
("CSP").

On 29 February 2024, Dipula settled the conditional awards which vested with 2 801 056 shares, which were purchased
on-market at a price of R4.40 per share for a total value of R12 324 646.40, as detailed below:

 Name of associate:                                          QVEST Consulting Proprietary Limited ("QVEST")
 Name of director and relationship to director:              Izak Petersen, who is the sole shareholder of QVEST
 Transaction date:                                           29 February 2024
 Class of securities:                                        Dipula ordinary shares
 Number of securities:                                       2 801 056
 Value of transaction:                                       R12 324 646.40
 Nature of transaction:                                      Off-market vesting of shares in terms of the CSP
 Nature and extent of director's interest:                   Indirect beneficial
 Clearance to trade:                                         Yes

29 February 2024


Sponsor
Java Capital

Date: 29-02-2024 04:00:00
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