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GEMGROW PROPERTIES LIMITED - TRP121: notification of an increase in beneficial interest in shares

Release Date: 02/10/2019 15:35
Code(s): GPA GPB     PDF:  
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TRP121: notification of an increase in beneficial interest in shares

GEMGROW PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2007/032604/06)
JSE share code: GPA ISIN: ZAE0000223269
JSE share code: GPB ISIN: ZAE0000223277
(Granted REIT status with the JSE)
(“Gemgrow”)


TRP121: NOTIFICATION OF AN INCREASE IN BENEFICIAL INTEREST IN SHARES


In compliance with section 122(3)(b) of the Companies Act, 71 of 2008 (“the Companies Act”), regulation
121(2)(b) of the Companies Act Regulations, 2011 and paragraph 3.83(b) of the JSE Listings Requirements,
shareholders are advised that Gemgrow has received notification from Public Investment Corporation SOC
Limited (“PIC”) that, as a result of the increase in the number of Gemgrow B shares in issue following the
acquisition by Gemgrow of all Arrowhead Properties Limited shares in issue, PIC’s total beneficial interest
has increased to 5.805% of Gemgrow’s total issued B shares.

As required in terms of section 122(3)(a) of the Companies Act, Gemgrow has filed the required notices
with the Takeover Regulation Panel.

Shareholders are referred to the announcement released on SENS on 1 October 2019 wherein shareholders
were advised that the special resolution necessary for the change of name from “Gemgrow Properties
Limited” to “Arrowhead Properties Limited” has been registered by the Companies and Intellectual Property
Commission. The expected date upon which shares will trade under the new name of “Arrowhead Properties
Limited” will be Wednesday, 9 October 2019.

2 October 2019

Sponsor
Java Capital

Date: 02/10/2019 03:35:00
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