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CASTLEVIEW PROPERTY FUND LIMITED - Update to the further acquisition by Emira Property Fund of an interest in a Polish property company

Release Date: 05/02/2025 09:30
Code(s): CVW     PDF:  
Wrap Text
Update to the further acquisition by Emira Property Fund of an interest in a Polish property company

CASTLEVIEW PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2017/290413/06)
JSE share code: CVW
ISIN: ZAE000251633
(Approved as a REIT by the JSE)
("Castleview" or the "Company")


UPDATE TO THE FURTHER ACQUISITION BY EMIRA PROPERTY FUND OF AN INTEREST IN A POLISH PROPERTY COMPANY


Shareholders are referred to the announcement released on SENS on 12 August 2024 regarding, inter alia, the option
granted to Emira Property Fund Limited ("Emira"), a 59.3%-owned subsidiary of Castleview, to acquire a further
interest DL Invest Group S.A pursuant to the Tranche 2 Subscription Option (the "Initial Announcement"). Terms
defined in the Initial Announcement bear the same meaning in this announcement.

Shareholders are advised that the date by which Emira is required to deliver the Tranche 2 Subscription Notice has 
been extended to 28 March 2025, failing which the Tranche 2 Subscription Option will lapse. The effective date for 
the Tranche 2 Subscription Option will remain 31 March 2025. These dates may be extended in the event that Emira does
not receive the requisite financial information for Emira to issue its category 1 transaction circular timeously.

Emira is in the process of finalising the circular to its shareholders in respect of the Tranche 2 Subscription Option
and a further announcement in this regard will be released on SENS in due course.

5 February 2025


Designated advisor
Java Capital

Date: 05-02-2025 09:30:00
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