DELTA PROPERTY FUND LIMITED - Cautionary announcement

2017-04-21 17:30:00

DLT 201704210044A
Cautionary announcement

Delta Property Fund Limited
(Incorporated in the Republic of South Africa)
(Registration number 2002/005129/06)
Share code: DLT ISIN: ZAE000194049
(“Delta” or “the Company”)
REIT status approved

Cautionary announcement

Delta shareholders are advised that Delta’s board of directors
(“the board”) has been approached by a broad-based black
empowerment consortium led by management of Delta, who wish to
subscribe for a shareholding of up to 51% in Delta (“the
Proposed Transaction”).


Given the fact that this would be regarded as a related party
transaction in terms of the JSE Limited Listings Requirements,
the Delta board has constituted an independent sub-committee
to assess the terms of the Proposed Transaction.


The Proposed Transaction may have a material effect on the
price of Delta shares, accordingly, Delta shareholders are
advised to exercise caution when dealing in the Company’s
securities until a further announcement has been made.


21 April 2017
Johannesburg


Corporate advisor and Sponsor
Nedbank Corporate and Investment Banking

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