Fulfilment of Conditions Precedent to the Disposal of the Chobe Tesco Property TEXTON PROPERTY FUND LIMITED Granted REIT status by the JSE Incorporated in the Republic of South Africa (Registration number 2005/019302/06) Share code: TEX ISIN: ZAE000190542 (“Texton” or “the Company”) FULFILMENT OF CONDITIONS PRECEDENT TO THE DISPOSAL OF THE CHOBE TESCO PROPERTY Further to the announcement released on SENS on 30 May 2019 (“Terms Announcement”) regarding the disposal of the Tesco Building in Newcastle, England (and using the terms defined therein unless otherwise stated), shareholders are advised that, all conditions precedent have now been fulfilled and the Disposal has become unconditional. The purchase consideration, as set out in the Terms Announcement, has also been received by the Company. The effective date of the Disposal of the Property will be 8 July 2019. Johannesburg 9 July 2019 Sponsor Merchantec Capital Date: 09/07/2019 09:09:00 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.
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