EMIRA PROPERTY FUND LIMITED - Results of general offer

Results of general offer

EMIRA PROPERTY FUND LIMITED
Incorporated in the Republic of South Africa
(Registration number 2014/130842/06)
JSE share code: EMI     ISIN: ZAE000203063
JSE Bond Company Code: EMII
(Approved as a REIT by the JSE)
(“Emira” or the “Company”)


RESULTS OF GENERAL OFFER


Shareholders of Transcend Residential Property Fund Limited (“Transcend”) are referred to the circular
issued by Emira on 6 September 2022 regarding the general offer by Emira to acquire up to 100% of the
issued shares of Transcend (other than those shares already owned by Emira) (the “Offer”) as well as the
announcements published on SENS regarding the Offer, the last of which was released on SENS by Emira
on 7 October 2022.

Transcend shareholders are advised that the Offer closed at 12:00 on Friday, 21 October 2022 and was
accepted in respect of 37 672 038 Transcend shares, representing 22.98% of the Transcend shares in issue.
Following the implementation of the Offer, Emira holds 111 657 996 Transcend shares, representing
68.11% of the Transcend shares in issue.

Responsibility Statement

The board of directors of Emira, to the extent that the information relates directly to Emira, accepts
responsibility for the information contained in this announcement and certifies that, to the best of its
knowledge and belief, the information contained in this announcement relating to Emira is true and this
announcement does not omit anything that is likely to affect the importance of such information.

Bryanston
24 October 2022

Corporate Advisor to Emira
DG Capital Advisory

Transaction Sponsor
Questco Corporate Advisory Proprietary Limited

Legal Advisor to Emira
White & Case

Debt Sponsor
Rand Merchant Bank, a division of FirstRand Bank Limited

Date: 24-10-2022 09:00:00
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