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Sharenet Sites
Further update on offer to Safari shareholders
HERIOT REIT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2017/167697/06)
(Approved as a REIT by the JSE)
JSE share code: HET ISIN: ZAE000246740
(“Heriot” or “the Company”)
FURTHER UPDATE ON OFFER TO SAFARI SHAREHOLDERS
Heriot refers to its previous announcements regarding Heriot Properties’ firm intention to make a General Offer
for Safari shares. Capitalised terms in this announcement bear the same meaning as in previous announcements.
Heriot continues to engage constructively with Safari and the TRP regarding the General Offer with the aim of
achieving consistency with market expectations and the commercial terms of the General Offer.
The TRP has extended the date by which Heriot must post its offer circular to 14 October 2022. Safari shareholders
will be advised of the publication of the offer circular via a SENS announcement.
Safari shareholders are advised that the General Offer will open on the business day immediately following the
publication of the offer circular. Since the General Offer is unconditional, Safari shareholders may accept the
General Offer immediately once the General Offer opens and can expect to receive payment within 6 business
days after the date on which the transfer secretaries are notified of their acceptance of the General Offer.
Responsibility statement
The Offeror accepts responsibility for the information contained in this announcement and certifies that, to the
best of its knowledge and belief, the information contained in this announcement is true and this announcement
does not omit anything that is likely to affect the import of such information.
30 September 2022
Corporate advisor and designated advisor
Java Capital
Date: 30-09-2022 11:00:00
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