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Emira Property Fund Limited (JSE:EMI) News - Update on offer to acquire up to 100% of the issued shares of Transcend Residential Property Fund Limited
EMIRA PROPERTY FUND LIMITED
Incorporated in the Republic of South Africa
(Registration number 2014/130842/06)
JSE share code: EMI ISIN: ZAE000203063
JSE Bond Company Code: EMII
(Approved as a REIT by the JSE)
(“Emira” or the “Company”)
UPDATE ON OFFER TO ACQUIRE UP TO 100% OF THE ISSUED SHARES OF TRANSCEND RESIDENTIAL
PROPERTY FUND LIMITED (“TRANSCEND”)
Transcend Shareholders are referred to the announcement on 13 July 2022 regarding Emira’s firm
intention to make a General Offer for up to 100% of the issued shares (other than those shares already
owned) of Transcend Residential Property Fund limited shares. Capitalised terms in this announcement
bear the same meaning as in the announcement of 13 July 2022.
Transcend Shareholders are advised that the Takeover Regulation Panel has granted the Company an
extension for the distribution of the Offeror Circular until 6 September 2022.
The board of directors of Emira, to the extent that the information relates directly to Emira, 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 Emira is true and this
announcement does not omit anything that is likely to affect the importance of such information.
Bryanston
29 July 2022
Corporate Advisor to Emira
DG Capital Advisory
Transaction Sponsor
Questco Corporate Advisory Proprietary Limited
Legal Advisor to Emira
White & Case
Debt Sponsor
Rand Merchant Bank, a division of FirstRand Bank Limited
Date: 29-07-2022 04:00:00
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