STOR-AGE PROPERTY REIT LIMITED - Acquisition of Managed Portfolio Update

Acquisition of Managed Portfolio – Update

Stor-Age Property REIT Limited
Incorporated in the Republic of South Africa
Registration number 2015/168454/06
Share code: SSS ISIN ZAE000208963
(Approved as a REIT by the JSE)
(“Stor-Age” or the “Company”)


ACQUISITION OF MANAGED PORTFOLIO – UPDATE


Shareholders are referred to the announcement published on SENS on 10 September 2018, in terms
of which shareholders were advised that Stor-Age had entered into sales of shares agreements for the
acquisition of 100% of the issued share capital of both Roeland Street Investments 2 (RF) Proprietary
Limited and Roeland Street Investments 3 (RF) Proprietary Limited (collectively, the “Acquisition”) for
an aggregate purchase consideration of R58.0 million.

Stor-Age is pleased to advise shareholders that all the conditions precedent to implement the
Acquisition have been satisfied. Accordingly, the Acquisition is now unconditional and effective as of
today.

Johannesburg
9 October 2018


Financial Advisor and Transaction Sponsor
Investec Bank Limited

JSE Sponsor
Questco Corporate Advisory Proprietary Limited

Date: 09/10/2018 02:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.