Growthpoint Properties: Standard Bank's shareholding decreases to 3.13%

Growthpoint Properties Limited (JSE:GRT) announced that it has received notification from The Standard Bank Group Limited ("Standard Bank") regarding a change in shareholding. According to the announcement, Standard Bank's holding in Growthpoint has decreased, now representing a total beneficial interest of 3.13%. This is a decrease from its previously held 5.13% of Growthpoint's total issued ordinary shares. Growthpoint Properties has complied with section 122(3)(a) of the Companies Act by filing the required notice with the Takeover Regulation Panel. The board assures shareholders of the accuracy of the information disclosed in the announcement. Investec Bank Limited acted as corporate advisor and sponsor to Growthpoint for this transaction. The announcement was made on May 8, 2025, in Sandton.