LIBERTY TWO DEGREES LIMITED - Disposal of Share in Property

Disposal of Share in Property

LIBERTY TWO DEGREES LIMITED
Incorporated in the Republic of South Africa
(Registration number 2018/388906/06)
(Approved as a REIT by the JSE)
Share code: L2D   ISIN: ZAE000260576
(“L2D” or “the Company”)


DISPOSAL OF SHARE IN PROPERTY


Shareholders are advised that L2D and Liberty Group Limited have disposed of their combined 50%
undivided share in the Standard Bank Head Office, 5 Simmons Street Johannesburg which, as set out
in L2D’s interim results for the six months ended 30 June 2022 had been classified as a non-current
asset held for sale, to Mpande Property Fund General Partner Proprietary Limited. The transfer was
registered in the Johannesburg Deeds Office on 15 September 2022. L2D's share of the sale proceeds
is R153,067,500.07 net of commission.

Due to its relative size, the disposal falls below the threshold of a categorised transaction in terms of the
Listings Requirements of the JSE Limited and its announcement is therefore voluntary.


Johannesburg
16 September 2022

Sponsor
Merchantec Capital

Investor Relations
Sumenthree Moodley
Contact number: 011 358 9171

Date: 16-09-2022 03:46:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.