Largest shareholders in move to acquire remaining Emira shares
Maitlantic and Clearance Cantara Master Fund increase shareholding to 35%
23 April 2021 - 11:31
UPDATED 23 April 2021 - 16:10
Emira Property Fund said on Friday that it received an offer from its two largest shareholders to acquire the remaining shares in the diversified real estate investment trust (Reit) for R9.15 per share.
The two shareholders have increased the size of their shareholding to 35%, triggering a mandatory offer in terms of the JSE-listing requirements..
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