TEXTON PROPERTY FUND LIMITED - Specific Repurchase: Finalisation Announcement

Specific Repurchase: Finalisation Announcement

TEXTON PROPERTY FUND LIMITED
Granted REIT status by the JSE
(Incorporated in the Republic of South Africa)
(Registration number 2005/019302/06)
JSE share code: TEX
ISIN: ZAE000190542
(“Texton” or the “Company”)


SPECIFIC REPURCHASE: FINALISATION ANNOUNCEMENT


1.   INTRODUCTION

     Reference is made to the Firm Intention Announcement released on SENS on 26 May 2023, Results of General
     Meeting dated 3 July 2023 and the Circular posted to Texton Shareholders (“Shareholders”) on Wednesday,
     31 May 2023.

     Unless expressly defined in this announcement, capitalised terms herein have the meaning given to them in the
     Circular.

2.   FULFILMENT OF REPURCHASE CONDITIONS

     Texton is pleased to announce that all the Repurchase Conditions, as detailed in the Circular, have been fulfilled.
     The Repurchase has accordingly become unconditional.

3.   SALIENT DATES AND TIMES

     The remaining salient dates and times relating to the Repurchase are as follows:
                                                                                                                   2023
     Finalisation announcement published in the press on                                               Tuesday, 18 July
     Expected implementation date of the Repurchase on or about                                        Tuesday, 18 July
     Delisting application letter lodged with the JSE for the delisting of the Repurchase Shares       Tuesday, 18 July
     Expected termination of listing of Repurchase Shares at the commencement of trading
     on or about                                                                                      Thursday, 20 July

4.   RESPONSIBILITY STATEMENT

     The Independent Board, collectively and individually, accept responsibility for the accuracy of the information given
     in this announcement and certify that, to the best of their knowledge and belief, the information contained in this
     announcement is true, that no facts have been omitted which would make any statement in this announcement
     false or misleading, that all reasonable enquiries to ascertain such facts have been made and that the
     announcement contains all information required by law, the Takeover Regulations, and the JSE Listings
     Requirements.


SANDTON
17 July 2023

Transaction Sponsor: Investec Bank Limited
Legal advisor: Solaris Law Proprietary Limited

Date: 17-07-2023 12:07:00
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