28 Jul - 2 min read

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
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