INDLUPLACE PROPERTIES LIMITED - Update Regarding The Acquisition By Indluplace Of A Portfolio Of Residential Properties From SAWHF

Update Regarding The Acquisition By Indluplace Of A Portfolio Of Residential Properties From SAWHF

INDLUPLACE PROPERTIES LIMITED
(previously Arrowhead Residential Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2013/226082/06)
JSE share code: ILU ISIN: ZAE000201125
(Approved as a REIT by the JSE)
(“Indluplace”)

UPDATE REGARDING THE ACQUISITION BY INDLUPLACE OF A PORTFOLIO OF
RESIDENTIAL PROPERTIES FROM THE SOUTH AFRICAN WORKFORCE HOUSING FUND
AND RELATED COMPANIES WITHIN THE GROUP (“SAWHF”)


Shareholders are referred to the Indluplace announcement released on SENS on 2 December 2015 regarding
the acquisition by Indluplace of a portfolio of properties from SAWHF (“the acquisition”) and are advised
that Indluplace and SAWHF have, by mutual agreement, elected not to proceed with the acquisition due to
the change in market conditions, which has resulted in the acquisition being dilutionary to Indluplace.


4 April 2016


Corporate advisor and sponsor
Java Capital

Date: 04/04/2016 05:14:00 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.