Spear REIT: director's associate buys shares

Spear REIT Limited announced dealings in its securities by an associate of non-executive director Joan Solms. On December 22, 2025, Salisbury Motors CC, an entity where Ms. Solms' spouse is the sole member, purchased 5,000 ordinary shares in Spear REIT. The transaction was conducted on-market, with the nature of the interest being indirect and beneficial.

The shares were acquired at an average price of R11.555 per share, with the high price recorded at R11.55 and the low at R11.56. The total rand value of the securities transacted amounted to R57,775.00.

Clearance for this transaction was obtained in accordance with paragraph 3.66 of the JSE Limited Listings Requirements, ensuring regulatory compliance. The announcement was released from Cape Town on December 23, 2025, with PSG Capital serving as the sponsor.