Transfer of Prescribed Officer's interest in Balwin Properties Limited

Transfer of Prescribed Officer's interest in Balwin Properties Limited

Balwin Properties Limited
(Incorporated in the Republic of South Africa)
Registration number 2003/028851/06
Share code: BWN
ISIN: ZAE000209532
("Balwin" or "the company" or "the group")


Shareholders are advised that Ulrich Gschnaidtner ("Mr Gschnaidtner"), the Chief Projects Officer of Balwin,
disposed of his personal shareholding in the company to Gschnaidtner Holdings (Pty) Ltd, of which Mr
Gschnaidtner is the sole shareholder and director.

The rationale for the transaction is that Mr Gschnaidtner is establishing a family office with a holding company to
administer his financial affairs.

In compliance with the JSE Limited Listings Requirements, the following information regarding the dealing in
securities is disclosed:

Name of director                                                 Ulrich Gschnaidtner
Company of which a director                                      Balwin Properties Ltd
Status                                                           Prescribed officer
Type and class of securities                                     Ordinary shares
Nature of transaction                                            Disposal of shares by Mr Gschnaidtner to his
                                                                 associate (off market transaction)
Date of transaction                                              10 June 2021
Price per security                                               415 cents
Number of securities transacted                                  10,150,788
Total rand value of transaction                                  R42,125,770,20
Nature and extent of interest in the transaction                 Change from direct beneficial to indirect beneficial
Clearance obtained                                               Yes

11 June 2021

Sponsor: Investec Bank Limited

Date: 11-06-2021 10:17:00
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