INVESTEC PROPERTY FUND LIMITED - Completion Of Proposed Internalisation Transaction

Completion Of Proposed Internalisation Transaction

INVESTEC PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Reg. No: 2008/011366/06)
Approved as a REIT by the JSE
Share Code: IPF
Bond Code: INV
ISIN: ZAE000180915
(“IPF”)

               COMPLETION OF PROPOSED INTERNALISATION TRANSACTION


Unless otherwise defined, capitalised terms bear the same meanings ascribed to them in the Circular
(the “Circular”) distributed to Shareholders on Monday, 17 April 2023.

Shareholders are referred to previous SENS announcements, the last of which was published on
Tuesday, 27 June 2023, relating to the Proposed Internalisation Transaction. IPF is pleased to
announce that all the Conditions Precedent to the Proposed Internalisation Transaction have now been
fulfilled and the South African and European asset management functions of IPF are now internalised.



Johannesburg
6 July 2023




Financial Advisor and Sponsor in respect of the Manco Internalisation and Property Disposals
Merrill Lynch South Africa Proprietary Limited t/a BofA Securities

Financial Advisor to Investec Limited in respect of the Manco Internalisation and Property
Disposals
Investec Bank Limited

Legal Advisor to IPF
Cliffe Dekker Hofmeyr Inc.

Legal Advisor to Investec Limited
Werksmans Attorneys

Independent Expert to IPF
BDO Corporate Finance Proprietary Limited

Competition Law Advisor
Vani Chetty Competition Law Proprietary Limited

Date: 06-07-2023 05:40:00
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.