Truffle Asset Management boosts stake in Dipula Properties to 10.84%

Dipula Properties Limited announced that Truffle Asset Management Proprietary Limited has acquired a beneficial interest in the company. Following this acquisition, Truffle Asset Management now holds 10.84% of Dipula's total issued ordinary shares. This notification was made in compliance with section 122(3)(b) of the Companies Act, 71 of 2008, and associated regulations.

The company also confirmed it filed the required notice with the Takeover Regulation Panel, as mandated by section 122(3)(a) of the Companies Act. The board of directors of Dipula accepts full responsibility for the accuracy of the information presented, stating it reflects details contained in the TRP121.1 form received from Truffle Asset Management and that no material information has been omitted.

This announcement, dated September 29, 2025, highlights a notable change in Dipula Properties' shareholder structure, indicating a strengthened position for Truffle Asset Management within the company.