EPP N.V. - Update regarding acquisition of tranche 2 of the M1 portfolio

Update regarding acquisition of tranche 2 of the M1 portfolio

EPP N.V.
(Incorporated in The Netherlands)
(Company number 64965945)
JSE share code: EPP
ISIN: NL0011983374
LEI Code: 7245003P7O9N5BN8C098
("EPP")


UPDATE REGARDING ACQUISITION OF TRANCHE 2 OF THE M1 PORTFOLIO


Shareholders are referred to the announcements issued by EPP on 11 October 2017, 4 December 2017 and
4 January 2018 wherein shareholders were advised that EPP had reached agreement to acquire a portfolio of 
retail properties (being the M1 portfolio) for a combined consideration that valued the aggregate portfolio 
at EUR692.1 million, which transaction was to be implemented in three separate tranches. The first tranche 
was completed on 4 January 2018.

With reference to the announcement issued on 4 December 2017, EPP advises that the composition of the
properties comprising the second tranche (the "Second Tranche Acquisition") has been consensually amended
from six properties with a GLA of 184 000 m2 for an aggregate value of EUR222.5 million and purchase
consideration of EUR75.2 million to four properties with a GLA of 141 000 m2 for an aggregate value of
EUR224 million and aggregate purchase consideration (to be discharged in cash) of EUR110 million. The Second
Tranche Acquisition now comprises the properties known as M1 Radom, M1 Bytom, M1 Czestochowa and M1
Poznan.

Shareholders are advised that the conditions precedent for the Second Tranche Acquisition have now been
fulfilled and, accordingly, the Second Tranche Acquisition completed on 27 June 2019.

27 June 2019


JSE sponsor
Java Capital

Luxembourg Stock Exchange Listing Agent
Harneys Luxembourg


For more information:

Curwin Rittles, Investor Relations, EPP
Mobile: +48 885 982 310
Curwin.rittles@epp-poland.com

Java Capital, JSE Sponsor
Phone: +27 11 722 3050

Harneys Luxembourg, Luxembourg Stock Exchange Listing Agent
Phone: +352 27 86 71 02

Singular Systems IR, Investor Relations South Africa
Michele Mackey / Jacques de Bie
+27 (0)10 003 0700 / +27 (0)82 497 9827
michele@singular.co.za / Jdebie@singular.co.za

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