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DIPULA-B:  721   +1 (+0.14%)  05/11/2026 15:15

DIPULA PROPERTIES LIMITED - Update in respect a category 2 acquisition of a portfolio of properties and related rental enterprises from Moolman Group and their co-investors

Release Date: 05/11/2026 13:30
Code(s): DIB     PDF:  
Wrap Text
Update in respect a category 2 acquisition of a portfolio of properties and related rental enterprises from Moolman Group and their co-investors

DIPULA PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2005/013963/06)
Share Code: DIB
ISIN: ZAE000203394
Approved as a REIT by the JSE
(“Dipula” or “the Company”)


UPDATE IN RESPECT A CATEGORY 2 ACQUISITION OF A PORTFOLIO OF PROPERTIES AND
RELATED RENTAL ENTERPRISES FROM MOOLMAN GROUP AND THEIR CO-INVESTORS

Dipula shareholders (“Shareholders”) are referred to the announcement released on SENS on 24
August 2026 (“Transaction Announcement”). Unless otherwise defined, capitalised terms used in
this announcement bear the meanings ascribed to them in the Transaction Announcement.

In the Transaction Announcement, Shareholders were advised that the Company, through its wholly-
owned subsidiaries, Luxanio and MAPF, will acquire a portfolio of properties and the related Rental
Enterprises from entities within the Moolman Group and their co-investors, for an aggregate
Purchase Consideration of R2,042,559,710 (“Acquisition”).

Shareholders are hereby advised that the Company has received unconditional approval from the
Competition Tribunal in respect of the Acquisition. Accordingly, the Condition Precedent set out in
paragraph 5.1.5 of the Transaction Announcement has been fulfilled.

5 November 2026

Transaction Advisor and Transaction Sponsor
PSG Capital

Legal Advisor
Cliffe Dekker Hofmeyr
Date: 05/11/2026 01:30:00
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