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HYPROP INVESTMENTS LIMITED – Update on disposal of Ikeja City Mall - SENS

HYPROP INVESTMENTS LIMITED (Registration number 1987/005284/06) JSE share code: HYP ISIN: ZAE000190724 JSE bond issuer code: HYPI (Approved as a REIT by the JSE) (‘Hyprop’) UPDATE ON DISPOSAL OF IKEJA CITY MALL Shareholders are referred to the announcement released on SENS on 9 November 2020 wherein shareholders were advised that Hyprop Investments (Mauritius) Limited (a wholly owned subsidiary of Hyprop) and AIH International Limited (a wholly owned subsidiary of Attacq Limited) (collectively the ‘Sellers’) had concluded an agreement (‘SPA’) to dispose of their indirect shareholding and shareholder loans in Gruppo Investment Nigeria Limited, which owns Ikeja City Mall, Nigeria (the ‘property’), to AIH No 6 Limited (which will assign its rights and novate its obligations in

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