DELTA PROPERTY FUND LIMITED - Further cautionary announcement
DLT 201706060036A
Further 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
Further cautionary announcement
Delta shareholders are referred to the cautionary announcement
dated 21 April 2017 advising that Delta’s board of directors
(the “Board”) had 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”). The Delta Board constituted an
independent sub-committee which continues to assess the terms
of the Proposed Transaction. Delta shareholders will be
provided with a further update in due course.
The Proposed Transaction may have an effect on the price of
Delta shares and accordingly Delta shareholders are advised to
continue to exercise caution when dealing in the Company’s
securities until a further announcement in respect of the
Proposed Transaction is made.
6 June 2017
Johannesburg
Corporate advisor and Sponsor
Nedbank Corporate and Investment Banking
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