ARROWHEAD PROPERTIES LIMITED - Acquisition by subsidiary
AWA 201707040019A
Acquisition by subsidiary
ARROWHEAD PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2011/000308/06)
JSE share code: AWA ISIN: ZAE000203105
(Approved as a REIT by the JSE)
(“Arrowhead” or “the company”)
ACQUISITION BY SUBSIDIARY
Shareholders are referred to the announcement released on SENS by Indluplace Properties Limited (“Indluplace”) on
20 June 2017 (“Indluplace announcement”), where it was advised that Indluplace had concluded agreements with
multiple vendors, to in effect acquire three residential property portfolios comprising approximately 2 900 residential
units, for an effective transaction consideration of approximately R1.4 billion (“the transactions”).
In terms of the JSE Listings Requirements, the transactions are a Category 2 transaction for Arrowhead as Indluplace is a
subsidiary of the company. Accordingly, the transactions do not require approval by Arrowhead shareholders.
Shareholders should note the content of the Indluplace announcement for the Category 2 disclosure requirements.
4 July 2017
Sponsor
Java Capital
Date: 04/07/2017 11:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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