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SPEAR:  1,185   +13 (+1.11%)  20/01/2026 17:19

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

Release Date: 20/01/2026 10:20
Code(s): SEA     PDF:  
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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 associate of
                                                 the director (on-market transactions)    (1-2)

 DATES OF TRANSACTIONS                           14 January 2026                            (1)
                                                 15 January 2026                            (2)

 PRICE PER SECURITY (CENTS)                      High: 1 241                                (1)
                                                 Low: 1 199
                                                 Average: 1 224.79

                                                 1 216                                      (2)

 NUMBER OF SECURITIES TRANSACTED                 1 303                                      (1)
                                                 800                                        (2)

 TOTAL RAND VALUE OF SECURITIES                  R15 958.97                                 (1)
 TRANSACTED                                      R9 728.00                                  (2)

 NAME OF ASSOCIATE                               Evlah Investments Proprietary Limited
                                                                                          (1-2)

 RELATIONSHIP WITH DIRECTOR                      Director is a director of the associate and
                                                 a beneficiary and trustee of the
                                                 associate's sole shareholder             (1-2)

 NATURE AND EXTENT OF INTEREST IN                Indirect, beneficial                     (1-2)
 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                           Purchase of shares by an associate of
                                                 the director (on-market transaction)

 DATE OF TRANSACTION                             15 January 2026

 PRICE PER SECURITY (CENTS)                      1 218

 NUMBER OF SECURITIES TRANSACTED                 1 970

 TOTAL RAND VALUE OF SECURITIES                  R23 994.60
 TRANSACTED

 NAME OF ASSOCIATE                               LTR Capital Limited a Company
                                                 Incorporated under the laws of the
                                                 Republic of Mauritius

 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


3.
 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 associate of the
                                                 director (on-market transactions)     (1-2)

 DATE OF TRANSACTIONS                            16 January 2025                         (1)
                                                 19 January 2025                         (2)

 PRICE OF SECURITY(CENTS)                        High: 1 209                             (1)
                                                 Low: 1 205
                                                 Average: 1207.13

                                                 1 180                                   (2)

 NUMBER OF SECURITIES TRANSACTED                 470                                     (1)
                                                 1 000                                   (2)

 TOTAL RAND VALUE OF SECURITIES                  R5 673.50                               (1)
 TRANSACTED                                      R11 800.00                              (2)

 NAME OF ASSOCIATE                               Miss EE Rossi                          (1-2)

 RELATIONSHIP WITH DIRECTOR                      Minor child                            (1-2)
 
 NATURE AND EXTENT OF INTEREST IN                Indirect, non-beneficial               (1-2)
 THE TRANSACTIONS

4.
 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 associate of the
                                                  director (on-market transactions)    (1-2)

 DATE OF TRANSACTIONS                             16 January 2025                       (1)
                                                  19 January 2025                       (2)

 PRICE OF SECURITY (CENTS)                        High: 1 208                           (1)
                                                  Low: 1 205
                                                  Average: 1 206.56

                                                  1 180                                 (2)

 NUMBER OF SECURITIES TRANSACTED                  480                                   (1)
                                                  1 000                                 (2)

 TOTAL RAND VALUE OF SECURITIES                   R5 791.50                             (1)
 TRANSACTED                                       R11 800.00                            (2)

 NAME OF ASSOCIATE                                Miss EFR Rossi                        (1-2)

 RELATIONSHIP WITH DIRECTOR                       Minor child                           (1-2)

 NATURE AND EXTENT OF INTEREST IN                 Indirect, non-beneficial              (1-2)
 THE TRANSACTIONS


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

Cape Town
20 January 2026

Sponsor
PSG Capital

Date: 20-01-2026 10:20:00
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