Growthpoint exec deferred scheme options vest in R5.31 million transaction

• Growthpoint disclosed dealings by major subsidiary director F Schindehütte involving 339,583 ordinary shares from vested deferred and retention scheme options.
• He sold 153,692 shares at a volume-weighted average price of R15.4714, raising R2.38 million to fund tax.
• He retained 185,891 shares; the vesting and exercise used a deemed price of R15.63, valuing the transaction at R5.31 million.

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