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GROWTHPOINT PROPERTIES LIMITED - Cash Offer for Globalworth Real Estate Investments Limited - Withdrawal of Cautionary Announcement

Release Date: 13/08/2021 08:03
Code(s): GRT     PDF:  
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Cash Offer for Globalworth Real Estate Investments Limited - Withdrawal of Cautionary Announcement

Growthpoint Properties Limited
Approved as a REIT by the JSE
Incorporated in the Republic of South Africa)
Registration number 1987/004988/06
ISIN: ZAE000179420
JSE Share code: GRT


Growthpoint shareholders are referred to the announcements released on 14 April, 26 April, 27 May
and 6 July 2021 respectively and specifically to the announcement on 26 April 2021 where the
Independent Committee of the Board of Globalworth, appointed to consider the Offer by Aroundtown
S.A. and CPI Property Group S.A., concluded that the Offer significantly undervalues the Company, its
assets and its prospects. The Growthpoint Board advised that they agree with the assessment of value
by the Globalworth Independent Committee and therefore Growthpoint has not accepted the offer.

Growthpoint Shareholders are advised that no further caution is required when dealing in
Growthpoint securities.


13 August 2021

Sponsor: Investec Bank Limited

Date: 13-08-2021 08:03:00
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