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LIBERTY TWO DEGREES LIMITED - Voluntary Update Impact Of COVID-19 Pandemic

Release Date: 16/03/2020 15:43
Code(s): L2D     PDF:  
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Voluntary Update – Impact Of COVID-19 Pandemic

LIBERTY TWO DEGREES LIMITED
(Registration number: 2018/388906/06)
JSE share code: L2D
ISIN: ZAE000260576
(“L2D”)

VOLUNTARY UPDATE – IMPACT OF COVID-19 PANDEMIC

On 15 March 2020, the President of the Republic of South Africa declared a National State of Disaster
in response to the global Covid-19 pandemic. L2D supports the quick, decisive action taken by the
government and believe it is necessary to help contain the situation efficiently and contribute to a
normalisation of affairs as quickly as possible.

There are currently no restrictions placed on the trading at shopping centres, however, retail and
entertainment businesses have been called upon to intensify hygiene control. L2D has established a
Crisis Leadership Team to direct its response to the Covid-19 pandemic and to promote the wellbeing
of our entire community. The objective is to support our customers, tenants and service providers as
well as safeguard our employees and assets.

L2D is committed to contributing to society’s efforts to curb and slow the spread of the virus. In
response, L2D have implemented several measures including, with immediate effect, additional
hygiene protocols throughout our portfolio. This is supported through visible and focussed
communication on social distancing practices which will be updated as further information becomes
available.

L2D’s Board will continue to evaluate the impact of the COVID 19 pandemic on the business.

Johannesburg
16 March 2020


Sponsor
The Standard Bank of South Africa Limited

Investor Relations
Gareth Rees
Contact number: 011 448 6804

Date: 16-03-2020 03:43:00
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