-+ 0.00%
-+ 0.00%
-+ 0.00%
Growthpoint exec Sasse sells shares worth R13.5 million after option vesting
Share
Listen to the news
Growthpoint exec Sasse sells shares worth R13.5 million after option vesting
  • Growthpoint disclosed option vesting and share sales by executive director Louis Neil Sasse.
  • Sasse exercised 1,842,091 options at a deemed price of R 15.51, valuing the transaction at R 28.57 million.
  • He sold 835,175 shares at a VWAP of R 16.1693 for R 13.5 million, retaining 1,006,916 shares.
  • Major subsidiary director Edward Binedell exercised 682,641 options at R 15.51, valuing the transaction at R 10.59 million.
  • Binedell sold 309,433 shares at a VWAP of R 16.1693 for R 5 million, retaining 373,208 shares.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Growthpoint Properties Limited published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S604522), on October 07, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending