Extension of PUSU deadline

Following an extension announcement by Capital & Regional on 15 August 2024, NewRiver was required, by no later than 5:00 p.m. (UK time) / 6.00p.m. (SA time) on 12 September 2024, to either announce a firm intention to make an offer for Capital & Regional in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies.

To allow the discussions with NewRiver to continue, the Board of Capital & Regional has requested, and the Panel on Takeovers and Mergers (the "Takeover Panel") has consented to, an extension to the date by which NewRiver is required to either announce a firm intention to make an offer for the Company or announce that it does not intend to make an offer. Consequently, in accordance with Rule 2.6(c) of the Code, NewRiver is now required, by not later than 5.00 p.m. (UK time) / 6.00 p.m. (SA time) on 26 September 2024, to either announce a firm intention to make an offer for Capital & Regional in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer for the Company, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies.

In accordance with Rule 2.6(c) of the Code, the revised deadline may be extended further at the request of the Board of Capital & Regional and with the consent of the Takeover Panel.

In accordance with Rule 2.6(d), this deadline will cease to apply if NewRiver (or any third-party) has announced a firm intention to make an offer for the Company.