Spear Reit : Dealings 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 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:

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)
	Purchase of shares by an
	associate of the director
	(on-market transactions)	(2)
	Purchase of shares by an
	associate of the director
	(on-market transaction)	(3)
DATES OF TRANSACTIONS	25 July 2022	(1)
	29 July 2022	(1)
	26 July 2022	(2)
	29 July 2022	(2)
	26 July 2022	(3)
	29 July 2022	(3)
PRICE PER SECURITY (CENTS)	800	(1)
	800	(1)
	High:810	(2)
	Low:800
	Average:807.69
	800	(2)
	High:810	(3)
	Low:800
	Average:807.69
	800	(3)
NUMBER OF SECURITIES TRANSACTED	4 375	(1)
	3 000	(1)
	1 300	(2)
	1250	(2)
	1 150	(3)
	1 250	(3)
TOTAL RAND VALUE OF SECURITIES	R35 000.00	(1)
TRANSACTED	R24 000.00	(1)

	R10 500.00	(2)
	R10 000.00	(2)
	R9 300.00	(3)
	R10 000.00	(3)
NAME OF ASSOCIATES	Evlah Investments Proprietary Limited	(1)
	Miss EE Rossi	(2)
	Miss EFR Rossi	(3)
RELATIONSHIP WITH DIRECTOR	Director is a director of the
	associate and a beneficiary and trustee of the
	associate's sole shareholder	(1)
	Minor child	(2)
	Minor child	(3)
NATURE AND EXTENT OF INTEREST IN THE	Indirect, beneficial	(1)
TRANSACTIONS
	Indirect, non-beneficial	(2)
	Indirect, non-beneficial	(3)

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

Cape Town

1 August 2022

Sponsor

PSG Capital