Emira Property Acquires 53.7 MLn Ordinary Shares In Octodec

About this update from Emira Property Fund Ltd.

Emira Property Fund Ltd JSE:EMI:EMIRA PROPERTY FUND LTD: ACQUIRED 53.7 MILLION ORDINARY SHARES IN OCTODEC REPRESENTING SHAREHOLDING OF ABOUT 20.17%, FOR 891.8 MILLION RANDEMIRA PROPERTY FUND LTD: OFFERS TO ACQUIRE UP TO FURTHER 39.2 MILLION OCTODEC SHARES FOR CASH CONSIDERATION OF R16.75 PER SHARE

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