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EMIRA PROPERTY FUND LIMITED - Acquisition of a beneficial interest in Emira ordinary shares

Release Date: 12/11/2019 17:10
Code(s): EMI     PDF:  
Wrap Text
Acquisition of a beneficial interest in Emira ordinary shares

 EMIRA PROPERTY FUND LIMITED
Incorporated in the Republic of South Africa
(Registration number 2014/130842/06)
JSE share code: EMI ISIN: ZAE000203063
JSE Interest Rate Issuer Code: EMII
(Approved as a REIT by the JSE)
(“Emira” or “the Company”)

ACQUISITION OF A BENEFICIAL INTEREST IN EMIRA ORDINARY SHARES

Shareholders are referred to the announcement dated 9 February 2018, in which it was
advised that U Big Investments Proprietary Limited (“U Big”) had increased its aggregate
interest in Emira to 20.33%. In accordance with section 122(3)(b) of the Companies Act, No.
71 of 2008 (“the Act”) and section 3.83(b) of the JSE Limited Listings Requirements,
shareholders are advised that Emira has received formal notification that I Group Financial
Holdings Proprietary Limited, a concert party to U Big, has acquired an interest in the ordinary
shares of the Company (“Emira Shares”) such that its total combined interest in Emira Shares,
when aggregated with those held by concert parties, now amounts to 25.13%.

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


Bryanston
12 November 2019

Sponsor
Questco Corporate Advisory Proprietary Limited

Date: 12/11/2019 05:10:00
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