Dear PrimeTime Unitholder,

PrimeTime unitholders are advised that the offer by RDC Properties Limited (“RDC”) to acquire PrimeTime linked units (the “RDC Offer”) has been terminated.

As disclosed in the RDC announcement published on X-News on 5 August 2025, RDC failed to receive sufficient acceptances to enable RDC to acquire at least 44% of the linked units in PrimeTime, resulting in one of the conditions to the RDC Offer not being fulfilled.

Accordingly, the RDC Offer has been terminated and will not be implemented.

By order of the Independent Board


Welcome to PrimeTime Property Holdings Limited

Real estate investment in Botswana and Zambia

PrimeTime is a variable loan stock company listed on the Botswana Stock Exchange. It is a preferred property investment vehicle for institutions and private investors alike, with the number of shareholders growing from 1337 on listing in Dec 2007 to close to 2,000 today.

It is invested in a diversified portfolio of office, retail and industrial properties throughout Botswana and Zambia, and more recently in South Africa. Upon listing in 2007, the portfolio which was valued at 236 million now comprises of assets that push this value to over P1.5 billion.

Looking forward, PrimeTime is continuing to pursue a policy of risk diversification by seeking investments elsewhere in the Southern African region.

New additions to the PrimeTime Portfolio

Lobatse Junction, Lobatse, Botswana

Lobatse Junction opened in October 2021, adding 8,915 sqm of prime retail space to PrimeTime’s portfolio. Anchored by Spar and boasting a high quality tenant mix of regional and national chains we the centre immediately established itself as the primary retail centre for Lobatse and will provide PrimeTime with a strong income stream for many years to come.

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