Cancellation of Wings Acquisition
MARA DELTA PROPERTY HOLDINGS LIMITED
(previously Delta Africa Property Holdings Limited)
(Registered by continuation in the Republic of Mauritius)
(Registration number 128881 C1/GBL)
SEM share code: DEL.N0000
JSE share code: MDP
ISIN: MU0473N00028
(“Mara Delta” or “the Company”)
CANCELLATION OF THE WINGS ACQUISITION
Shareholders are referred to the joint announcements released by Mara Delta and The Pivotal Fund Limited
(“Pivotal”) on SENS and on the website of the Stock Exchange of Mauritius Limited on 17 November 2015 and 7
December 2015 as well as the circular to Mara Delta shareholders dated 4 April 2016 regarding, inter alia, the
acquisition by Mara Delta of 100% shareholding in SB Wings Development Limited, a wholly owned subsidiary of
Pivotal, which has as its sole asset a 37.1% shareholding in Oando Wings Development Limited, a Nigerian
company undertaking a large office development on its immovable property in Lagos, Nigeria (“Wings
Acquisition”).
Shareholders are advised that Mara Delta and Pivotal have, by mutual agreement between the parties, decided
not to pursue the Wings Acquisition. The recent announcement of Pivotal’s sale to Redefine Properties Limited
(“Redefine”) and Redefine’s strategy which excludes Africa has resulted in the parties agreeing not to conclude
the sale transaction.
The Company has its primary listings on both the Official Market of the SEM and the main board of the JSE.
2 September 2016
PSG Capital Proprietary Limited: JSE sponsor and corporate advisor to Mara Delta
Perigeum Capital: SEM Authorised Representative and Sponsor to Mara Delta
Directors: Sandile Nomvete (chairman), Bronwyn Anne Corbett*, Peter Todd (lead independent), Maheshwar Doorgakant,
Chandra Kumar Gujadhur, Ian Macleod, Leon van de Moortele*, Ashish Thakkar, Jaqueline Roxanne van Niekerk and David
Stanley Savage
(*executive director)
Company secretary: Intercontinental Fund Services Limited
Registered address: Level 5, Alexander House, 35 Cybercity, Ebène, 72201, Mauritius
Transfer secretary (South Africa): Computershare Investor Services Proprietary Limited
Registrar and transfer agent (Mauritius): Intercontinental Secretarial Services Limited
Corporate advisor and JSE sponsor: PSG Capital Proprietary Limited
Sponsoring Broker: Capital Markets Brokers Limited
SEM authorised representative and sponsor: Perigeum Capital Ltd
This Notice is issued pursuant to the JSE Listings requirements, SEM Listing Rule 11.3 and the Securities Act of Mauritius 2005.
The board of directors of the Company accepts full responsibility for the accuracy of the information contained in this
communiqué.
Date: 02/09/2016 12:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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