Update on engagements in relation to a possible merger between Arrowhead and Fairvest and renewal of cautionary
Update on engagements in relation to a possible merger between Arrowhead and Fairvest and renewal of cautionary ARROWHEAD PROPERTIES LIMITED Incorporated in the Republic of South Africa) (Registration number 2007/032604/06) JSE share code: AHA ISIN: ZAE000275491 JSE share code: AHB ISIN: ZAE000275509 (Granted REIT status with the JSE) (“Arrowhead” or the “Company”) UPDATE ON ENGAGEMENTS IN RELATION TO A POSSIBLE MERGER BETWEEN ARROWHEAD AND FAIRVEST AND RENEWAL OF CAUTIONARY Arrowhead shareholders are referred to the previous cautionary announcements in relation to the Company’s engagements with Fairvest Property Holdings Limited (“Fairvest”), the most recent of which was published on 15 June 2021. The Company continues to positively engage with Fairvest in relation to a potential merger and therefore it remains the Arrowhead independent board’s (“Independent Board”) view that agreement may be reached between the parties on the way forward. The Independent Board collectively and individually 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 Arrowhead is true and this announcement does not omit anything that is likely to affect the import of such information. Arrowhead shareholders are therefore advised to continue to exercise caution when trading in their Arrowhead shares until a further announcement is made. 28 July 2021 Lead Corporate Advisor: Ferryman Capital Partners Corporate Advisor and Transaction Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited Legal Advisor: Cliffe Dekker Hofmeyr Date: 28-07-2021 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.