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EMIRA PROPERTY FUND LIMITED - Availability of the Issuer Interim Results

Release Date: 14/02/2018 11:01
Wrap Text
Availability of the Issuer Interim Results

Emira Property Fund Limited
(Incorporated in the Republic of South Africa)
(Registration number 2014/130842/06)
Company code: EMII
(Approved as a REIT by the JSE)
(“Emira” or “the Issuer”)


AVAILABILITY OF THE ISSUER INTERIM RESULTS

Bondholders are advised that the interim results (“the interims”) of the Issuer for the period ended 31
December 2017 are available for inspection at the Issuer’s registered office.

The interims of the Issuer have also been made available on their website at http://emira.co.za/results-
presentations/.

Further to the above, bondholders are hereby advised of the following restatement(s) to previously
published interim reporting period, being 31 December 2016, and year end reporting period, 30 June 2017
(“the Reporting Periods”).

The Issuer has changed its presentation of foreign gains and losses arising on investments on the face of the
statement of comprehensive income. The foreign exchange gains and losses arising on investments relate to
Emira’s investment in Growthpoint Australia Limited (“GOZ”) in totality. In the Reporting Periods, the foreign
exchange gains and losses on the revaluation of GOZ were disclosed as part of the line: “Unrealised gain/(loss)
on fair valuation of the listed property investment”. The statement of comprehensive income has now been
adjusted to separately show these foreign exchange gains and losses on the line: “Foreign exchange loss”. The
restatement has no impact on the previously reported dividend per share, earnings per share, headline
earnings per share or diluted headline earnings per share.

The reason for the restatement is to enhance the disclosure of Emira’s exposure to foreign currency
movements.

14 February 2018

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 14/02/2018 11:01:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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