EMIRA PROPERTY FUND LIMITED - Expression of interest received from Arrowhead and withdrawal of cautionary announcement

Expression of interest received from Arrowhead and withdrawal of cautionary announcement

EMIRA PROPERTY FUND LIMITED  
(Incorporated in the Republic of South Africa) 
Registration number 2014/130842/06 
Share code: EMI ISIN: ZAE000203063 
(Approved as a REIT by the JSE) (“Emira”) 
 
 
EXPRESSION OF INTEREST RECEIVED FROM ARROWHEAD AND WITHDRAWAL OF CAUTIONARY 
ANNOUNCEMENT 
 
 
Shareholders are referred to the announcement released by Emira on the Stock Exchange News 
Service on 25 July 2016 regarding the non-binding, conditional expression of interest from 
Arrowhead Properties Limited (“Arrowhead”) to acquire all or the majority of the issued share 
capital of Emira (“Expression of Interest”). 
 
The board of directors of Emira has now carefully considered the Expression of Interest and has 
unanimously concluded that the proposals contained therein are not in the best interests of Emira 
shareholders.  
 
Shareholders therefore need no longer exercise caution when dealing in their Emira shares. 
 
 
Bryanston 
28 July 2016 
 
Financial Advisor 
MACQUARIE CAPITAL SOUTH AFRICA (PTY) LIMITED 
 
Legal Adviser 
ALLEN & OVERY 
 
Sponsor 
RAND MERCHANT BANK (A division of FirstRand Bank Limited) 
 

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