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OCTODEC:  1,851   +22 (+1.20%)  05/11/2026 17:09

OCTODEC INVESTMENTS LIMITED - Killarney Mall Disposal

Release Date: 05/11/2026 08:26
Code(s): OCT OCT001 OCT002 OCT003 OCT004     PDF:  
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Killarney Mall Disposal

OCTODEC INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1956/002868/06)
JSE share code: OCT
JSE alpha code: OCTI
ISIN: ZAE000192258
LEI: 3789I36JI0BKTUSZ8813
(Approved as a REIT by the JSE)
("Octodec" or "the Company")


KILLARNEY MALL DISPOSAL

Shareholders and noteholders are referred to the announcement released on SENS on 24
February 2026 relating to the disposal of Killarney Mall.

As previously announced, Octodec entered into a sale of shares and claims agreement with AJPG
Property 1 Proprietary Limited ("Purchaser"), in terms of which the Company would dispose of
100% of the shares and claims in its wholly owned subsidiary, Killarney Mall Properties
Proprietary Limited (“Killarney Mall”), to the Purchaser for a consideration of R397.5 million,
subject to the fulfilment of certain conditions precedent and agreed adjustments (“the
Transaction”).

Shareholders and noteholders are hereby advised that all the conditions precedent for the
implementation of the Transaction, including the receipt of the Competition Commission’s
approval, have been timeously fulfilled. Ownership of Killarney Mall was transferred to the
Purchaser on 2 November 2026.

The proceeds will be used, inter alia, to pay down borrowings and execute on strategic priorities.

5 November 2026

Equity and debt sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 05/11/2026 08:26:00
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