Voluntary update on the impact of unrest on Delta's eThekwini assets
Voluntary update on the impact of unrest on Delta's eThekwini assets 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 VOLUNTARY UPDATE ON THE IMPACT OF UNREST ON DELTA’S ETHEKWINI ASSETS Shareholders are advised that the current incidents of civil unrest, widespread looting, and vandalism, particularly in the eThekwini CBD, has impacted five of Delta’s assets, being Delta Towers, Liberty Towers, 88 Field Street, Pine Parkade and Treasury House (Pietermaritzburg). Damage primarily relates to broken shopfronts on the ground floor level of these assets with the corporate offices not impacted. Delta is engaging with its tenants and insurance providers to quantify the extent of the damage. All assets remain closed to ensure tenant and staff safety, with additional private security personnel deployed. The Company is engaging with insurance providers to ensure our retail tenants can reopen as soon as possible. Management is engaging with the relevant authorities and its tenants on the safe reopening of its assets. No damage has been reported to any of Delta’s other assets in other regions. The Company will continue to update the market as appropriate. Johannesburg 16 July 2021 Sponsor Nedbank Corporate and Investment Banking, a division of Nedbank Limited Investor Relations Morne Reinders +27 (0)82 480 4541 Date: 16-07-2021 12:00:00 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.