Balwin Properties: Lord Trust increases beneficial interest to 5.57%

Balwin Properties Limited (JSE: BWN) announced that Lord Trust has increased its beneficial interest in the company to 5.57% of the total issued ordinary share capital. This change, resulting from a consolidation of existing holdings, was formally notified to Balwin Properties. The company has complied with section 122(3)(a) of the Companies Act by filing the required notice with the Takeover Regulation Panel. The board of directors accepts responsibility for the accuracy and completeness of the information provided in the announcement, stating that no material information has been omitted. Investec Bank Limited serves as the sponsor for Balwin Properties. The announcement is dated April 4, 2025.