EMIRA PROPERTY FUND LIMITED - EMII - Notification of Partial Cap Reductions and Accrued Interest Payments of Notes and Correction announcement

EMII - Notification of Partial Cap Reductions and Accrued Interest Payments of Notes and Correction announcement

Emira Property Fund Limited
(Incorporated in the Republic of South Africa)
(Registration number 2014/130842/06)
Company code: EMII
(Approved as a REIT by the JSE)
Bond code: EPFC47        ISIN: ZAG000172404
Bond code: EPF019        ISIN: ZAG000162520
(“Emira” or the “Issuer”)

NOTIFICATION OF PARTIAL CAPITAL REDUCTIONS AND ACCRUED INTEREST PAYMENTS OF LISTED DEBT SECURITIES
AND CORRECTION ANNOUNCEMENT: INTEREST PAYMENT NOTIFICATION

NOTIFICATION OF PARTIAL CAPITAL REDUCTIONS AND ACCRUED INTEREST PAYMENTS OF LISTED DEBT SECURITIES

In accordance with the Terms and Conditions of Emira’s ZAR 5,000,000,000.00 Domestic Medium Term Note
Programme dated 13 March 2019, as amended, noteholders are herewith advised of the partial capital reductions of
the EPFC47 and EPF019 notes (collectively the “Notes”) and the accrued interest paid thereon.

Bond code:                                       EPFC47
ISIN:                                            ZAG000172404
Nominal amount before reduction:                 ZAR 171 000 000.00
Reduction of nominal amount:                     ZAR 2 000 000.00
Nominal amount after reduction:                  ZAR 169 000 000.00
Settlement / redemption amount:                  ZAR 2 005 301.37
Accrued interest amount:                         ZAR 5 301.37, included in the settlement amount
Coupon rate:                                     5.375%
Interest period:                                 10 May 2021 to 27 May 2021

Bond code:                                       EPF019
ISIN:                                            ZAG000162520
Nominal amount before reduction:                 ZAR 100 000 000.00
Reduction of nominal amount:                     ZAR 10 000 000.00
Nominal amount after reduction:                  ZAR 90 000 000.00
Settlement / redemption amount:                  ZAR 10 111 583.00
Accrued interest amount:                         ZAR 111 977.00, included in the settlement amount
Coupon rate:                                     5.308%
Interest period:                                 12 March 2021 to 27 May 2021

Pay dates of the repurchases:                     28 May 2021
Effective date of the partial capital reductions: 4 June 2021

These partial capital reductions are due to the repurchases of the Notes by the Issuer.

CORRECTION ANNOUNCEMENT: INTEREST PAYMENT NOTIFICATION

Noteholders are referred to the announcement released on SENS on 28 May 2021, in relation to the interest payment
notification on the EPF019 notes (“Interest Announcement”). The Issuer wishes to notify EPF019 noteholders that the
value for the Interest Amount Due contained in the Interest Announcement was incorrect. The correct Interest Amount
Due is ZAR 1 230 292.60

3 June 2021

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 03-06-2021 10:43:00
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