MARA DELTA PROPERTY HOLDINGS LIMITED - Placing Of Shares And Change In SEM Authorised Representative and Sponsor

Placing Of Shares And Change In SEM Authorised Representative and Sponsor

Mara Delta Property Holdings Limited
(previously Delta Africa Property Holdings Limited)
(Registered by continuation in the Republic of Mauritius)
(Registration number 128881 C1/GBL)
JSE share code: MDP
SEM share code: DEL.N0000
ISIN: MU0473N00028
(“Mara Delta” or “the Company”)

PLACING OF SHARES AT A PREMIUM OF USD 3.96 CENTS TO NET ASSET VALUE PER SHARE FOR THE ACQUISITION OF ASSETS
AND CHANGE IN SEM AUTHORISED REPRESENTATIVE AND SPONSOR

1.        Further to the information provided in the Listing Particulars dated 4 April 2016, shareholders are hereby advised that Mara
          Delta has successfully placed 645,441 additional ordinary shares of no par value (“Placing Shares”) at an issue price of
          USD 1.65 per share. The issue price is at a premium of USD 3.96 cents to the last published net asset value per share of USD
          161.04 cents.

2.        The proceeds from the Placing Shares will be used to reduce debt facilities relating to the acquisition of assets announced
          to the market.

3.        Subject to the approval of the JSE, the Placing Shares will be listed on the Official Market of the Stock Exchange of Mauritius
          Ltd (“SEM”) and the Main Board of JSE Limited on Monday, 22 August 2016.

4.        The Placing Shares will be issued on the Mauritian share register on Monday, 22 August 2016.

5.        Mara Delta has its primary listings on both the Official Market of the SEM and the Main Board of JSE Limited.

CHANGE IN SEM AUTHORISED REPRESENTATIVE AND SPONSOR

     1.    The Capital Markets Advisory business of Intercontinental Fund Services Ltd has been transferred to Perigeum Capital
           Ltd. Shareholders are therefore advised that Mara Delta has appointed Perigeum Capital Ltd as its SEM Authorised
           Representative and Sponsor with effect from Friday, 29 July 2016.

11 August 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 Ltd
Registered address: Level 5, Alexander House, 35 Cybercity, Ebene, 72201, Mauritius
Transfer secretary in South Africa: Computershare Investor Services (Pty) Ltd
Registrar and Transfer Agent (Mauritius): Intercontinental Secretarial Services Ltd
Sponsoring Broker: Capital Markets Brokers Ltd

This Notice is issued pursuant to SEM Listing Rule 11.3 and the Securities Act 2005 of Mauritius.
The board of directors of Mara Delta accepts full responsibility for the accuracy of the information contained in this communiqué.

Date: 11/08/2016 02:16:00 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.