MARA DELTA PROPERTY HOLDINGS LIMITED - Credit Rating For The Proposed Short Term Unlisted Bond Issue

Credit Rating For The Proposed Short Term Unlisted Bond Issue

Mara Delta Property Holdings Limited
(previously Delta Africa Property Holdings Limited)
(Registered by continuation in the Republic of Mauritius)
(Registration number 128881 C1/GBL)
SEM share code: DEL.N0000
JSE share code: MDP
ISIN: MU0473N00028
(“Mara Delta” or “the Company”)




                   CREDIT RATING FOR THE PROPOSED SHORT TERM UNLISTED BOND ISSUE

The Board wishes to inform the shareholders of Mara Delta and the general public that the Company intends to issue
short term unlisted bond in the amount of EUR 10 million (c. MUR 380 million) in order to fund its various investments
in line with its investment strategy as defined in its Listing Particulars dated 4 April 2016. CARE Ratings (Africa) Private
Limited (“CARE Ratings”) was engaged by Mara Delta to carry out a credit rating for the proposed short term unlisted
bond issue. After due consideration, CARE Ratings issued a credit rating of CARE MAU A2 [A TWO] for the proposed
short term bond issue through its report dated 10 February 2017.

A copy of the report from CARE Ratings is available on the Company’s website (www.maradelta.com) and on the
website of CARE Ratings (www.careratings.com).

Mara Delta has its primary listings on both the Official Market of the Stock Exchange Mauritius Ltd and the Main Board
of JSE Limited.

By order of the board

20 February 2017

JSE sponsor and corporate advisor to Mara Delta: PSG Capital Proprietary Limited
SEM authorised representative and sponsor to Mara Delta: Perigeum Capital
                                                                              
Directors: Sandile Nomvete (chairman), Bronwyn Corbett*, Peter Todd (lead independent), Maheshwar Doorgakant#, Chandra
Gujadhur, Ian Macleod, Leon van de Moortele*, Jacqueline van Niekerk and Matshepo More (*executive director) (#alternate to
Mr Gujadhur)
Company secretary: Intercontinental Fund Services Limited
Registered address: c/o Intercontinental Fund Services Limited, Level 5, Alexander House, 35 Cybercity, Ebène 72201, Mauritius
Transfer secretary (South Africa): Computershare Investor Services Proprietary Limited
Registrar and transfer agent (Mauritius): Intercontinental Secretarial Services Limited
Corporate advisor and JSE sponsor: PSG Capital Proprietary Limited
Sponsoring Broker: SBM Securities Ltd
SEM authorised representative and sponsor: Perigeum Capital Ltd

This notice is issued pursuant to SEM Listing Rules 11.3 and Rule 5(1) of the Securities (Disclosure Obligations of Reporting Issuers)
Rules 2007.

The board of directors of the Company accepts full responsibility for the accuracy of the information contained in this
communiqué.

Date: 20/02/2017 09:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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