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DELTA PROPERTY FUND LIMITED - Renewal of cautionary announcement

Release Date: 22/04/2015 12:00
Code(s): DLT     PDF:  
Wrap Text
Renewal of cautionary announcement

Delta Property Fund Limited
(Incorporated in the Republic of South Africa)
(Registration number 2002/005129/06)
Share code: DLT ISIN: ZAE000194049
(“Delta” or “the Company”)
REIT status approved

Renewal of cautionary announcement

Delta shareholders are referred to the announcements dated 12
February and 9 March 2015 in which Delta shareholders were
advised that Delta’s board of directors intended to approach
shareholders for approval to exercise the termination clause
in its existing asset management agreement with MPI Property
Asset Management Proprietary Limited and simultaneously enter
into an asset management agreement with a new asset management
company. Delta is in the process of finalising a circular,
which will incorporate a notice of general meeting, to provide
Delta shareholders with full details and to convene a general
meeting of Delta shareholders.

Accordingly, Delta shareholders are advised to continue to
exercise caution when dealing in the Company’s securities
until a further announcement is made.


22 April 2015
Johannesburg


Investment bank and sponsor
Nedbank Capital


Legal advisor
Bowman Gilfillan Inc.


Communications advisor
Instinctif Partners

Date: 22/04/2015 12:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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