CASTLEVIEW PROPERTY FUND LIMITED - Specific issue of shares for cash: Posting of circular and notice of general meeting

Specific issue of shares for cash: Posting of circular and notice of general meeting

CASTLEVIEW PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2017/290413/06)
JSE share code: CVW
ISIN: ZAE000251633
(Approved as a REIT by the JSE)
("Castleview" or "the Company")

SPECIFIC ISSUE OF SHARES FOR CASH: POSTING OF CIRCULAR AND NOTICE OF GENERAL MEETING

Shareholders are referred to the announcement released on SENS on 23 February 2023 wherein they were advised that
subscription agreements had been entered into with K2018365895 (South Africa) (Pty) Ltd and K2018365955 (South
Africa) (Pty) Ltd (together the "related party subscribers") and with the Womens Soccer League (Pty) Ltd ("WSL")
in terms of which the related party subscribers and the WSL will subscribe for and the Company will issue, in aggregate,
47 839 506 shares ("subscription shares") at an issue price of R6.48 per share ("subscription price") for an aggregate
amount of R309 999 998.88 ("subscription consideration") (the "specific issue").

Shareholders are advised that a circular regarding the specific issue ("circular") and incorporating a notice of general
meeting of Castleview shareholders ("general meeting"), was distributed to shareholders today, 20 March 2023.
The general meeting will be held at 09:00 on Wednesday, 29 March 2023 at the offices of Castleview, 13 Hudson Street,
De Waterkant, Cape Town, 8001, as well as virtually via a remote interactive electronic platform, Microsoft Teams, for
the purposes of considering and, if deemed fit, adopting with or without modification, the resolutions contained in the
notice of general meeting. A copy of the circular is available on the Company's website, www.castleview.co.za.

SALIENT DATES AND TIMES

The salient dates and times for the general meeting and the specific issue are set out below:
                                                                                                               2023

Record date to receive circular (together with the notice convening the general meeting)           Friday, 10 March

Circular (together with the notice convening the general meeting) posted                           Monday, 20 March

Announcement relating to the issue of the circular (together with the notice convening the
general meeting) released on SENS                                                                  Monday, 20 March

Last day to trade in order to be eligible to vote at the general meeting                        Wednesday, 22 March

Voting record date                                                                                 Monday, 27 March

Last day to lodge forms of proxy for the general meeting (by 09:00). Forms of proxy not
lodged with the transfer secretaries in time may be handed to the chairman of the general
meeting immediately before the commencement of the general meeting.                               Tuesday, 28 March

General meeting held at 09:00                                                                   Wednesday, 29 March

Results of the general meeting released on SENS                                                 Wednesday, 29 March

Expected date on which the subscription shares will be listed, allotted and issued to the
subscribers                                                                                        Friday, 31 March

Notes:
1.    All dates and times in this circular are local dates and times in South Africa and are subject to change. Any
      changes will be released on SENS.
2.    Investors should note that as transactions in shares are settled in the electronic settlement system used by Strate,
      settlement of trades takes place three business days after such trades. Therefore, investors who acquire Castleview
      shares after close of trade on Wednesday, 22 March 2023 will not be eligible to vote at the general meeting.
3.    Shares may not be dematerialised or rematerialised between Thursday, 23 March 2023 and Monday, 27 March
      2023, both days inclusive.
4.    Castleview will propose a unanimous resolution in terms of section 62(2A) of the Companies Act, in terms of
      which the Castleview shareholders are requested to unanimously approve the waiver of the requisite 15 business
      days' notice period required in terms of the Companies Act, No. 71 of 2008, the JSE Listings Requirements and
      the company's memorandum of incorporation.
5.    All shareholders will receive the notice of general meeting by electronic means.

20 March 2023

Designated advisor
Java Capital

Date: 20-03-2023 05:45:00
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.