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HERIOT REIT LIMITED - Update on offer to specified Safari shareholders

Release Date: 01/07/2022 15:02
Code(s): HET     PDF:  
Wrap Text
Update on offer to specified Safari shareholders

HERIOT REIT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2017/167697/06)
(Approved as a REIT by the JSE)
JSE share code: HET ISIN: ZAE000246740
("Heriot" or "the Company")


UPDATE ON OFFER TO SPECIFIED SAFARI SHAREHOLDERS


Heriot refers to its announcement on 3 June 2022 regarding Heriot Properties' firm intention to make a General
Offer for Safari shares other than the SP Shares. Capitalised terms in this announcement bear the same meaning
as in the announcement of 3 June 2022.

Heriot is engaging with Safari to resolve, to the satisfaction of the Takeover Regulation Panel ("TRP"), the
treatment of the SP Shares under the General Offer with the aim of achieving consistency with market expectations
and the commercial terms of the General Offer. Further updates and consequent changes to the timetable for the
General Offer will be provided to shareholders in due course.

The TRP has extended the date by which Heriot must post its offer circular to 29 July 2022.

Responsibility statement
The Offeror, to the extent that the information relates directly to the Offeror, accepts responsibility for the
information contained in this announcement and certifies that, to the best of its knowledge and belief, the
information contained in this announcement relating to the Offeror is true and this announcement does not omit
anything that is likely to affect the import of such information.

1 July 2022

Corporate advisor and designated advisor
Java Capital

Date: 01-07-2022 03:02:00
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