Mara Delta Property Holdings Investor Presentation 2016
Dis isclaimer This document, which is personal to the recipient, has been prepared by Delta International Property Holdings (the “ Company ”), solely for use at a presentation to potential investors. For the purposes of this disclaimer, the presentation shall mean and include the slides that follow, any oral presentation of the slides by the Company, any question-and- answer session that follows the presentation, hard copies and electronic copies of this document and any materials or information distributed or communicated at, or in connection with, any presentation (together the “ Presentation ”) . This Presentation contains information which is not in the public domain (collectively referred to as the " Confidential Information "). The Confidential Information constitutes inside information, as defined in the Financial Markets Act, 2012 and its Mauritian equivalent legislation, and such Confidential Information cannot be disclosed to any third party, and no trade in the securities of the Company may be made, until such time as the Confidential Information has been made public by way of a SENS announcement and a SEM announcement. Recipients of this Presentation agree and undertake that, until such time as the Confidential Information has been made public by way of a SENS announcement and a SEM announcement 1) to treat and safeguard the Confidential Information as strictly private, secret and confidential, 2) not to use or permit the use of the Confidential Information for any purpose other the consideration or evaluation of the information contained in the Proposal (the " Permitted Purpose ") and 3) not to disclose or divulge, directly or indirectly, the Confidential Information in any manner to any third party for any reason or purpose whatsoever. THIS PRESENTATION IS NOT FOR PUBLICATION, RELEASE, OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, OR JAPAN THE INFORMATION CONTAINED THIS PRESENTATION IS STRICTLY CONFIDENTIAL AND MAY NOT BE FORWARDED, PUBLISHED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY, TO ANY OTHER PERSON (WHETHER WITHIN OR OUTSIDE YOUR ORGANIZATION/FIRM) FOR ANY PURPOSE AND MAY NOT BE REPRODUCED IN ANY MANNER WHATSOEVER. ANY FORWARDING, PUBLICATION, DISTRIBUTION OR REPRODUCTION OF THESE MATERIALS IN WHOLE OR IN PART IS UNAUTHORIZED Neither this Presentation nor any copy of it may be taken, transmitted, distributed or published in or into the United States of America, its territories or possessions (the “ United States ”) or distributed, directly or indirectly, in the United States. Any failure to comply with these restrictions may constitute a violation of United States securities laws. The Company’s shares have not been, and will not be, registered under the US Securities Act of 1933, as amended (the “ US Securities Act ”) or the laws of any state, and may not be offered or sold in the United States except pursuant to a transaction exempt from, or not subject to, the registration requirements of the US Securities Act and applicable state laws. The Company does not intend to register its securities under the US Securities Act or to conduct a public offering of the securities in the United States. In the United States, any offering of Shares will be made only to qualified institutional buyers in accordance with Rule 144A under the US Securities Act or in other transactions exempt from, or not subject to, the registration requirements of the US Securities Act and applicable state or local securities laws. Outside the United States, any offering of shares will be made in accordance with Regulation S under the US Securities Act.
Dis isclaimer (c (conti tinued) This Presentation does not constitute an offer to sell or a solicitation of an offer to purchase any securities in any jurisdiction in which such offer or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any jurisdiction. Neither this Presentation nor any copy of it may be taken or transmitted into Canada, Australia or Japan or to any person in any of those jurisdictions. Any failure to comply with these restrictions may constitute a violation of Canadian, Australian or Japanese securities law. The distribution of this Presentation in other jurisdictions may be restricted by law and persons into whose possession this Presentation comes should inform themselves about, and observe, any such restrictions. Certain statements, beliefs and opinions in this Presentation are forward-looking statements which reflect the Company’s current expectations and projections about future events. These statements typically contain words such as “anticipate”, “assume”, “believe”, “estimate”, “expect”, “forecast”, “plan”, “intend”, “will” and words of similar substance. By their nature, forward-looking statements involve a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties and assumptions could adversely affect the outcome and financial effects of the plans and events described herein. Statements contained in this Presentation regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. Neither the Company, PSG Capital nor any other person undertakes any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. You should not place undue reliance on forward-looking statements, which speak only as of the date of this Presentation. No statement in this Presentation is intended to be a profit forecast. This Presentation contains information regarding the past performance of the Company. Past performance is not a guide to the Company’s future returns or future performance. This Presentation should not be considered as the giving of investment advice by the Company, PSG Capital, DMH Associates Ltd or any of its shareholders, directors, officers, agents, employees or advisors. Each party to whom this Presentation is made available must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. The information and opinions contained in the Presentation have been completed from sources believed to be reliable and in good faith, but no representation or warranty express or implied is made as to their accuracy, completeness or correctness. Recipients acknowledge that all investment activity shall be at recipients’ own risk, which can result in loss of recipients’ investment capital, annual income, and/or tax benefits. By attending the Presentation and/or by accepting this document you represent, warrant and undertake that: (i) you have read and agree to comply with the contents of this disclaimer; and (ii) you will treat and safeguard this Presentation as strictly private and confidential and agree not to reproduce, redistribute or pass on this Presentation, directly or indirectly, to any other person or publish this Presentation, in whole or in part, for any purpose.
Proceedings Introduction Mission Statement Introduction to Mara Delta Mara Delta at a Glance Strategy Company Structure Management Structure Corporate Structure Shareholder Profile Financial Overview Portfolio Overview Potential Acquisition Portfolio Key Investment Points Q&A Annexure A: Directors & Management Annexure B: Existing Portfolio Anadarko Building, Mozambique
Vodacom Building & KPMG / Hollard Building, Mozambique
Introduction
Mis ission Statement “ To be the leading real estate owner on the African continent, outside of South Africa, within the next five years and to create significant value for our shareholders, ensuring consistent growth by creating strong partnerships, while making a real and meaningful impact in the countries we operate in ”
In Introduction to Mara Delta First Pan-African focused real estate fund, listed on both the JSE and SEM Mara Delta is promoted by Pivotal, Delta, Mara, Carlisle and Abland. Each provide an unrivalled blend of commercial experience and expertise in SSA: Pivotal and Delta are JSE listed property funds with market caps of $425m and $300m respectively. Both have a proven track record of acquiring and managing commercial real estate assets Mara is a pan-African investment group with multi-sector operational experience across 25 countries in Africa Abland is one of the largest property development and management companies in South Africa Carlisle is a property development company with extensive retail design, development and leasing experience Offers investors access to a Rand/Rupee hedge USD yielding investment Asset base of US$ 400-$500m Mara Delta will invest in real estate assets across sub-Saharan Africa Strong pipeline of quality assets identified and under negotiation in Morocco, Mozambique, Nigeria, Kenya, Uganda and Tanzania, amongst others Management team with over 45 years combined African experience and relationships In-country asset and property management teams Property portfolio (current and pipeline) underpinned by long term leases with strong counterparties Tax efficient structures that are well positioned for capturing ongoing growth
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