BALWIN PROPERTIES LIMITED - Dealings in securities by Executive Directors and Prescribed Officers: Acceptance of Long-Term Incentive Share Award

Dealings in securities by Executive Directors and Prescribed Officers: Acceptance of Long-Term Incentive Share Award

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



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 2022. The bonus shares were awarded on 1 July 2022 in terms of
the Company’s conditional share plan (“CSP”). Details of the CSP are included 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:                     4 August 2022
 Number of shares:                       1 716 640
 Deemed price:                           R2.8819
 Total value:                            R4 947 268
 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:                     4 August 2022
 Number of shares:                       1 408 976
 Deemed price:                           R2.8819
 Total value:                            R4 060 595
 Nature of transaction:                  Off-market acceptance of CSP awards
 Nature of interest:                     Direct beneficial
 Clearance obtained:                     Yes

 Name of director:                       Jonathan Bigham
 Designation:                            Chief Finance Officer
 Name of company:                        Balwin Properties Limited
 Date of acceptance:                     4 August 2022
 Number of shares:                       315 273
 Deemed price:                           R2.8819
 Total value:                            R908 600
 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:                     4 August 2022
 Number of shares:                       1 087 824
 Deemed price:                           R2.8819
 Total value:                            R3 135 052
 Nature of transaction:                  Off-market acceptance of CSP awards
 Nature of interest:                     Direct beneficial
 Clearance obtained:                     Yes


Corlett Drive
5 August 2022

Sponsor
Investec Bank Limited

Date: 05-08-2022 05:02:00
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