Sharenet Sites 
Sharenet Sites
Results of Vendor Placement
Delta Property Fund Limited
(formerly Tuffsan 89 Investment Holdings Proprietary Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2002/005129/06)
Share code: DLT ISIN: ZAE000172052
("Delta" or “the Company”)
RESULTS OF VENDOR PLACEMENT
Delta linked unitholders (“Linked Unitholders”) are referred to the announcement released on SENS
on Friday, 25 January 2013 wherein Linked Unitholders were advised that the Company had
concluded agreements for the acquisitions of property letting enterprises together with their related
immovable properties from various vendors.
Linked Unitholders are further advised that the Company has, pursuant to a vendor consideration
placing (“the Vendor Placement”), successfully raised a total of R382 million through the issue of
45,476,878 new linked units ("Vendor Consideration Units") at an issue price of R8.40 per linked unit
to partially settle the purchase considerations for the acquisitions of the entire issued share capital
of Hendisa Investments Proprietary Limited ("the Hendisa Acquisition") and the property letting
enterprises in respect of the properties commonly known as the 539 Church Street building (“539
Church Street Building”) and the Bestmed building (“the Bestmed Building”) (collectively, “The
Vendor Placement Acquisitions”). The balance of the purchase considerations of the Vendor
Placement Acquisitions have been funded through third party debt. These Vendor Placement
Acquisitions have now been completed.
The Vendor Consideration Units issued in respect of the 539 Church Street Building and the Hendisa
Acquisition commenced trading on the JSE with effect from Friday, 15 March 2013.
The Vendor Consideration Units issued in respect of the Bestmed Building commenced trading on
the JSE with effect from Friday, 22 March 2013.
The Vendor Consideration Units rank pari passu with existing Delta linked units in issue. Following
the Vendor Placement, Delta will have 235,152,547 linked units in issue.
25 March 2013
Investment bank and sponsor
Nedbank Capital
Date: 25/03/2013 04:40:00 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.
