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DELTA PROPERTY FUND LIMITED - Further cautionary announcement

Release Date: 27/09/2017 12:40
Code(s): DLT     PDF:  
Wrap Text
Further cautionary announcement

DELTA PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2002/005129/06)
Share code: DLT
ISIN: ZAE000194049
(Approved as a REIT by the JSE)
(“Delta” or “the Company”)

FURTHER CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the Company’s cautionary announcements
dated 21 April 2017, 6 June 2017, 3 July 2017 and 15 August 2017
regarding the proposed subscription by a broad-based black economic
empowerment consortium (“Consortium”) for shares representing,
following the issue, approximately 42.2% of the Company’s issued
share capital (“Proposed Transaction”).

The terms of the Proposed Transaction are still being negotiated and
may have a material effect on the price of the Company’s securities.
Accordingly, Delta’s shareholders are advised to continue to exercise
caution when dealing in the Company’s securities until a full
announcement in respect of the Proposed Transaction is made.

27 September 2017
Johannesburg


Sponsor
Nedbank Corporate and Investment Banking

Transaction Advisors to the Consortium
PSG Capital
Kleoss Capital
Kelesto M Squared

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