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16-Nov-2018
(Official Notice)
Shareholders are referred to the:

? last quarterly update, dated 17 August 2018 ("Last Quarterly Update"); and

? SENS announcement, dated 30 June 2016, relating to the suspension of the Company?s shares on the JSE Ltd. ("JSE") ("Suspension").



In line with paragraph 1.11(c) of the JSE Listing Requirements, the Company is obliged to give an update to the market of the state of the affairs of the Company until the Suspension is lifted.



Finalisation of annual financial statements:

In the Last Quarterly Update, shareholders were advised that the Company was in the process of re- assessing the timeframe required to complete the annual financial statements for the 2016 year (including the 2015 restatement).



The Board has re-assessed the timeframe required to fully integrate the required IFRS changes and subsequent amendments in its accounting systems and is of the firm opinion that the unaudited annual financial results for the year ended 29 February 2016 will be released before the end of December 2018, with the audited annual financial statements and annual report following early in 2019.



The board is committed to the lifting of the Suspension and will endeavour to release the remaining outstanding financial results as soon as possible.



Share cancellation

The external auditors identified a reportable irregularity in terms of the Companies Act, (Act No. 71 of 2008) ("Act"), in terms of which the Company has breached the provisions of section 48 (2)(b)(i) of the Act in that a subsidiary company holds in excess of 10% of the shares in the Company.



Freedom is working towards procuring the cancellation of the excess treasury shares as a matter of urgency in order to be compliant with the provisions of the Act and in this regard will distribute a circular to shareholders in due course in order to obtain the required shareholders? approval for the specific repurchase required in order to cancel these shares.
22-Oct-2018
(Official Notice)
Shareholders are referred to the announcement dated 22 August 2018 wherein they were advised that Kadoma Investments (Pty) Ltd., an indirect wholly-owned subsidiary of Freedom, had signed a Sale Agreement with Taioguard (Pty) Ltd. or its nominee to acquire Erf 1211 in Steelpoort Extension 10 Township for R5.5 million (the ?Sale?) as a going concern.



As Freedom?s shares are currently suspended, discussions were held with the JSE regarding the categorisation of the Sale and shareholders are advised that the Sale is not a categorised transaction in terms of the JSE Listings Requirements.
10-Oct-2018
(Official Notice)
It is with regret that the board of directors of the company advised shareholders of the resignation of Mr Conrad Sidego as an independent non-executive director with effect from 9 October 2018 as a result of ill-health.
17-Sep-2018
(Official Notice)
Shareholders are referred to the last quarterly update, dated 17 August 2018, wherein shareholders were provided with an estimated date for the completion of the annual financial statements for the year ended 29 February 2016 (including the restatement of the financial statements for the year ended 28 February 2015), the following factors set out below are to be considered.



The board of directors of the company (?board?) and management have assessed the time frame required to fully integrate the required International Financial Reporting Standards changes and subsequent amendments in its accounting systems, and has estimated that the Annual Financial Statements for the above-mentioned years should be released before the end of December 2018.



The board and management once again express its commitment to the release of these results, and continues to endeavor to meet stakeholder expectations. The board continues to monitor the progress of the finalization of the above-mentioned annual financial statements and will advise shareholders of any changes.
28-Aug-2018
(Official Notice)
Shareholders are referred to the announcement, dated 15 August 2018, which advised that Zambesa Investments (Pty) Ltd., a wholly owned subsidiary of Freedom, had accepted and signed an Offer to Purchase (?Offer?) submitted by Dr. Katlego Pholoana to acquire 8 residential units and 33 service stands situated in Burgersfort, collectively known as Tubatse Homes (the ?Sale?). Shareholders are hereby advised that certain conditions precedent to the Sale were not fulfilled within the timeline specified in the Offer and accordingly the Sale will not proceed.

22-Aug-2018
(Official Notice)
17-Aug-2018
(Official Notice)
Shareholders are referred to the:

- last quarterly update, dated 17 May 2018 (?Last Quarterly Update?); and

- SENS announcement, dated 30 June 2016, relating to the suspension of the Company?s shares on the JSE Ltd. (?JSE?) (?Suspension?).



In line with paragraph 1.11(c) of the JSE Listing Requirements, the Company is obliged to give an update to the market of the state of the affairs of the Company until the Suspension is lifted.



Finalisation of annual financial statements:

Further to the Last Quarterly Update, wherein it was indicated that the Company would release the 2016 audited financial results in July 2018, the Company advises that there has been a further delay in the release of these financial results as a result of a recently identified technical IFRS matter relating to a number of acquisitions and services rendered during the financial year ended 28 February 2015.



The Company has decided to fully interrogate the accounting treatment before publishing its audited results for the year ended 29 February 2016 (including the 2015 restatement). This IFRS treatment will have a material impact on the results of the group.



The Company is in the process of re-assessing the timeframe required to complete the annual financial statements mentioned above and will advise shareholders accordingly.



Furthermore, outstanding material documentation for a subsidiary subsequently disposed of is still to be completed.



The board is committed to the lifting of the Suspension and will endeavour to release the outstanding financial results as soon as possible.



Share cancellation

The external auditors identified a reportable irregularity in terms of the Companies Act, (Act No. 71 of 2008) (?Act?), in terms of which the Company has breached the provisions of section 48 (2)(b)(i) of the Act in that a subsidiary company holds in excess of 10% of the shares in the Company.



Freedom is working towards procuring the cancellation of the excess treasury shares as a matter of urgency in order to be compliant with the provisions of the Act and in this regard will distribute a circular to shareholders in due course in order to obtain the required shareholders? approval for the specific repurchase required in order to cancel these shares.
15-Aug-2018
(Official Notice)
Shareholders are advised that Zambesa Investments (Pty) Ltd., a wholly owned subsidiary of Freedom, has signed an Offer to Purchase (?Offer?) submitted by Dr. Katlego Pholoana (?Purchaser?) to acquire 8 residential units and 33 service stands situated in Burgersfort, collectively known as the Tubatse Homes (?the Property?) (the ?Sale?).



The Sale is in line with Freedom?s strategy of divesting of non-core assets as communicated to shareholders on 15 March 2016. The proceeds from the sale of the Property will be utilised to reduce debt in the Group, in particular, mortgage bonds held with Nedbank.



The effective date of the Sale will be the date of registration of the transfer of the Property into the name of the Purchaser. The Sale is not subject to any further conditions.



The value of the Property is R14.35 million in terms of the Independent Valuation. Rental income to the value of R278 719 was generated by the Property during the financial year ended 28 February 2018, based on the unaudited management accounts of Freedom, reported in accordance with the International Financial Reporting Standards. Freedom is satisfied with the quality of the management accounts. Freedom is satisfied with the Independent Valuation.



In terms of the JSE Limited Listings Requirements, the Sale is a Category 2 transaction and accordingly does not require approval by shareholders.
10-Jul-2018
(Official Notice)
The board of directors of Freedom advised all shareholders that 4 Africa Exchange Registry (Pty) Ltd. will replace Trifecta Capital Services (Pty) Ltd. as transfer secretary to Freedom, with effect from 24 July 2018.



The new Transfer Secretaries? contact details are as follows:

* 4 Africa Exchange Registry (Pty) Ltd., Cedar Woods House, Ballywoods Office Park, 33 Ballyclare Drive, Bryanston, 2191, South Africa.
02-Jul-2018
(Official Notice)
Shareholders are referred to the announcement, dated 1 June 2018, which advised that Kadoma Investments (Pty) Ltd, which is a wholly-owned subsidiary of the Group, had accepted and signed an Offer to Purchase (?Offer?) submitted by V Malapone to acquire Portion 15 of the Farm Tweefontein 360 in Limpopo (the ?Sale?). Shareholders are hereby advised that certain conditions precedent to the Sale were not fulfilled within the timeline specified in the Offer and accordingly the Sale will not proceed

01-Jun-2018
(Official Notice)
Shareholders are advised that Kadoma Investments (Pty) Ltd. (?Kadoma?), which is a wholly- owned subsidiary of the Group, has accepted and signed an Offer to Purchase (?Offer?) submitted by V Malapone (?Purchaser?) to acquire Portion 15 of the Farm Tweefontein 360 in Limpopo (?the Property?) (the ?Sale?).



The Property, in terms of a counter enquiry with the municipality, in terms of the current Town Planning Scheme 2006, indicate that the property is zoned for agricultural purposes. The property comprises vacant land that is perimeter fenced. A gravel runway extends across the property but the current serviceability thereof is unknown.



Purchase consideration

The total purchase consideration is R33 million payable in cash by no later than 28 June 2018. The Sale has been concluded ?voetstoots?, save for warranties that are standard in respect of a transaction of this nature.
17-May-2018
(Official Notice)
In line with paragraph 1(10)(c) of the JSE Listing Requirements, the Company is obliged to give an update to the market of the state of the affairs of the Company until the suspension is lifted.



Finalisation of annual financial statements:

The Company is currently in the process of working towards finalising its results in respect of the financial years ended 28/29 February 2016, 2017 and 2018 together with a restatement in respect of the 2015 financial results (the ?Restatement?). Given the extent of the Restatement required, the Company advises shareholders that it has experienced some delays in finalisation thereof.



An updated timetable in respect of the finalisation and release on SENS of the financial results has now been devised, as set out below:

*the 2016 audited financial results (including the 2015 Restatement) will be released on SENS in July 2018; and

*the 2017 and 2018 audited financial results will be released on SENS in September 2018.



The board is committed to the lifting of the suspension and endeavours to release the outstanding financial results in accordance with the updated timetable above.



Share cancellation

The external auditors have identified a reportable irregularity in terms of the Companies Act, (Act No. 71 of 2008) (?Act?), in terms of which the Company has breached the provisions of section 48 (2)(b)(i) of the Act in that Freedom?s subsidiary company holds in excess of 10% of the shares in the Company.



Freedom is working towards procuring the cancellation of the excess treasury shares as a matter of urgency in order to be compliant with the provisions of the Act and in this regard will distribute a circular to shareholders in due course to obtain the required shareholder approval for the specific repurchase required in order to cancel these shares.



Appointment of director

Shareholders are referred to the SENS announcement, dated 19 March 2018, relating to the results of the general meeting held on Wednesday, 14 March 2018, and are advised that Mr Christo La Grange has now been appointed as a non-executive director of the Company effective 14 March 2018.
03-May-2018
(Official Notice)
The Board of Directors of the Company advises shareholders that Bravura Capital (Pty) Ltd. has resigned as the Company?s Sponsor and that Questco Corporate Advisory (Pty) Ltd. (?Questco?) has been appointed as the Company?s Sponsor, with effect from 1 May 2018.
19-Mar-2018
(Official Notice)
Freedom shareholders are advised that at the general meeting held on Wednesday, 14 March 2018, all ordinary resolutions as specified in the notice of meeting, were passed by the requisite majority of shareholders. Bar for one special resolution (special resolution 1.1) which was not passed, all of the special resolutions were passed by the requisite majority of shareholders.
16-Mar-2018
(Official Notice)
Freedom shareholders (?Shareholders?) are advised that at the general meeting held on Wednesday, 14 March 2018, all ordinary resolutions as specified in the notice of meeting, were passed by the requisite majority of shareholders. Bar for one special resolution (special resolution 1.1) which was not passed, all of the special resolutions were not passed by the requisite majority of shareholders. A total of 823 247 864 or 68,35% of the issued shares (1 204 429 031) were represented at the general meeting (including abstentions). The votes carried for and against each resolution are disclosed as percentages in relation to the total number of shares voted.
14-Feb-2018
(Official Notice)
Notice is hereby given that a general meeting of shareholders of Freedom (?General Meeting?) will be held at 10:00 on Wednesday, 14 March 2018, at the Company?s Offices, KWV Building, 57 Main Street, Paarl, to transact the business stated in the notice of general meeting, which notice was posted to shareholders earlier on Wednesday, 14 February 2018.



The date on which shareholders must be recorded in the share register of the Company for purposes of being entitled to attend and vote at the general meeting is Friday, 9 March 2018, with the last day to trade being Tuesday, 6 March 2018.



14-Feb-2018
(Official Notice)
Shareholders are referred to the announcement released on the Securities Exchange News Services on 6 September 2016, advising that a wholly owned subsidiary of Freedom, Ivory Sun Trading 115 (Pty) Ltd. (the ?Seller?) had entered into a sale agreement (?Sale Agreement?) with K2016357129 (South Africa) (Pty) Ltd. trading as Global Kingdom Business International (the ?Purchaser?) in terms of which the Purchaser agreed to acquire (the ?Sale?) Erf 5679 (Extension 50) in the district of Kroonstad in the Orange Free State (the ?Property?), for a total consideration of R6 000 000.00 (six million Rand) in cash (?Cash Consideration?).



Shareholders are advised that a condition precedent to the Sale, the raising of a private loan facility (the ?Loan Facility?) by the Purchaser, has not been met.



Consequently, Freedom has exercised its right under the Sale Agreement, to cancel the sale.



Aligned with the Company?s announced strategy to sell off non-core assets, sectional title has been registered over the 16 units on the Property, each of which will now be sold by the Company on an individual basis.



21-Dec-2017
(Official Notice)
30-Nov-2017
(Official Notice)
Shareholders of Freedom are reminded that a presentation by the board of directors (the ?Board?) of the Company will take place at 10am on Thursday, 30 November 2017, at Lemoenkloof Conference Facilities - Lemoenkloof Guesthouse - Conference Centre, Corner Hoof and Malan Streets, Paarl.



A link to view the presentation will be made available on the Company?s website upon conclusion of the presentation by the Board.
28-Nov-2017
(Official Notice)
Shareholders are referred to the announcement released by the Company on 17 August 2017, that informed shareholders that the board of directors of Freedom had contracted the services of an independent property valuer, Theuns Behrens of Real Insight, who is registered as a registered as a Professional Associated Valuer, (SACPVP registration number: 3206/5) (?Independent Valuer?), to undertake a revaluation of the Company?s property portfolio. The revaluation dates are as follows:

- Date of sale to Freedom of various properties (?Sale Date Revaluation?);

- Year end 28 February 2015 (?2015 YE Revaluation?); and

- Year end 28 February 2017 (2017 YE Revaluation?),

collectively hereinafter the Revaluation.



The Board resolved to implement the Revaluation after the International Financial Reporting Standards expert to the Company, in consultation with senior management and the then Company external auditor, expressed discomfort with the historical valuations undertaken by the Company.



The relevant numbers drawn from the Revaluations will be included in the Company?s annual financial statements for the years ended 29 February 2016 and 28 February 2017 (?Annual Financial Results?). Shareholders are reminded that the release of the Annual Financial Results are anticipated to include the restatement of the financial results of the Company for the year ended 28 February 2015, notwithstanding such financial results having previously been signed off by the then Company external auditor.
24-Nov-2017
(Official Notice)
Shareholders are advised, in terms of paragraph 3.78 of the Listings Requirements of JSE Ltd., that Moore Stephens have been appointed as the company?s external auditors, with Adele Smith as designated audit partner for the current financial year ending 28 February 2018, as well as for the years ended 28 February 2017 and 29 February 2016 (anticipated to include a restatement of the financial results of the company for the year ended 28 February 2017) respectively, replacing RSM South Africa as the company?s previous external auditors.



The change in the company?s external audit firm, which is effective as of the date of this announcement, was initiated by the board of directors of the company (?board?) following the board?s conclusion that the company?s interests would be better served should the appointment of RSM South Africa as the company?s external auditors be terminated and other external auditors appointed for the company.
02-Nov-2017
(Official Notice)
Shareholders of Freedom are invited to attend a presentation by the board of directors (the ?Board?) of the Company at 10:00 on Thursday, 30 November 2017, at the office of the Company, KWV Building, 57 Main Street (entrance at 12 Alleman Street), Paarl.



A link to the view the full presentation will be available on Freedom?s website.



29-Aug-2017
(Official Notice)
Shareholders are advised that Freedom has accepted a valid and binding offer (?Offer?) to dispose of a portion of ERF No 1196 (the ?Property?) at Steelport Industrial Park in terms of which the Provest Group (Pty) Ltd (the ?Purchaser?) will acquire the Property for a total consideration of R5, 000, 000 (five million Rand) in cash (?Cash Consideration?) (the ?Disposal?).



The offer is subject to Freedom:

*making available at least 70kva of power as well as the right to drill for water on the Property;

*closing off the area next to the palisades next to the Macsteel Building not exceeding 6 meters from the Macsteel building and to install a second gate at the discretion of the Purchaser; and

*the subdivision of the Property for registration to the Purchaser.



Freedom has agreed to the above terms.

The Consideration will be received as follows: a deposit of R1, 000, 000 (one million Rand) receivable in September 2017, with the balance due and payable by the Purchaser on transfer of the Property, and subject to the sub-division referred to above.



Effective date

The effective date of the Disposal is 29 August 2017, this being the date of signature of the Offer.



Other

Pursuant to the above, the Company and the Purchaser will further enter into a formal sale agreement typical to a transaction of this nature.
17-Aug-2017
(Official Notice)
14-Jun-2017
(Official Notice)
Shareholders are advised that Proziguard (Pty) Ltd., (the ?company?), a wholly owned subsidiary of Freedom, has entered into a sale agreement (?Sale Agreement?) with Abraham Andre Botes (the ?Purchaser?) in terms of which the Purchaser will acquire 20 -28 Jacobus Street, Kimberly (?the ?Property?), for a total consideration of R1 600 000 (one million six hundred thousand Rand) in cash (?Cash Consideration?).



Rationale for the sale

The disposal is in line with Freedom?s strategy of divesting of non-core assets as set out in an announcement released on the Securities Exchange News Service of JSE Ltd. (the ?JSE?) on 15 March 2016 (the ?Announcement?). The proceeds will be applied within the Group in accordance with the details set out in the Announcement.



Material terms of the Sale Agreement

Condition Precedent

The Sale Agreement is subject to the receipt of a bank guarantee by the Purchaser, of the Cash Consideration, granted on security of the Property, by no later than 60 days from signature of Sale Agreement.



Effective Date

The effective date of the Sale Agreement will be the date of fulfilment the condition precedent set out in paragraph above.



Other

The company and the Purchaser have each provided warranties that are standard to a transaction of this nature.



Categorisation

Due to its relative size to the market capitalisation of Freedom, this disposal falls below the categorisation threshold requirements of the JSE Listings Requirements and accordingly this announcement is voluntary.
08-Jun-2017
(Official Notice)
Further to the announcement released by the company on 18 May 2017, and subsequent to the presentation made by the board of directors of the company earlier today, Thursday, 8 June 2017, to the shareholders of Freedom, the company confirms that a link to view the full presentation has been made available on Freedom?s website.

18-May-2017
(Official Notice)
Shareholders of Freedom are invited to attend a presentation by the board of directors (the ?board?) of the company at 10:00 on Thursday, 8 June 2017, at the office of the company, KWV Building, 57 Main Street (entrance at 12 Alleman Street), Paarl.



28-Apr-2017
(Official Notice)
Shareholders are referred to the announcement released on the Stock Exchange News Services of JSE Ltd. (the ?JSE?) on 30 June 2016, notifying of a delay in the release of the company?s annual financial statements for the year ended 29 February 2016 (?Annual Financial Results?), and to the further announcement released by the Company on 27 January 2017 (?January 2017 Announcement?).



The board of directors of Freedom (the ?Board?) remains committed to taking all necessary steps to ensure the release of its annual financial results as soon as reasonably possible. To this end, the company continues to work with the company?s auditor, RSM South Africa (the ?Auditor?), and has, amongst others, contracted the services of an independent International Financial Reporting Standards expert to assist the process.



Shareholders are reminded that the release of the annual financial results is anticipated to include the restatement of the financial results of the company for the year ended 28 February 2015, notwithstanding such financial results having previously been signed off by the auditor.



As previously announced, the board has sought legal counsel as to potential legal action regarding the matters set out in the January 2017 announcement, and consequently shareholders are advised that the board has resolved to take immediate and appropriate legal action in respect of certain transactions entered into by the company during the 2015 and 2016 financial years.



Shareholders will be updated as and when there are further developments.



04-Apr-2017
(Official Notice)
09-Mar-2017
(Official Notice)
Shareholders are advised that a wholly owned subsidiary of Freedom, Clear Creek Trading 145 (Pty) Ltd. (the ?Seller?) has entered into a sale agreement (?Sale Agreement?) with Struwig Project Managing CC (the ?Purchaser?) in terms of which the Purchaser will acquire (the ?Sale?) the remainder of Portion 18 of Farm 799 in the division of East London in the Eastern Cape Province (the ?Property?), for a total consideration of R13 680 000.00 (thirteen million six hundred and eighty thousand Rand) in cash inclusive of Valued Added Tax (the ?Consideration?).



The Sale is in line with Freedom?s strategy of divesting of non-core assets as set out in an announcement released on SENS on 15 March 2016 (the ?Announcement?). The proceeds will be applied within the Group in accordance with the details set out in the Announcement.



The Seller

The Seller is a wholly owned subsidiary of Freedom and the owner of the Property, located in the Registration Division of East London and in extent 17 9910 ha (seventeen comma nine nine one zero hectares).



The Purchaser

The Purchaser is a closed corporation registered in South Africa.



Conditions Precedent

All conditions precedent to the Sale have been fulfilled.



Sale Consideration

The Consideration is payable as follows:

*R5 000 000.00 (five million Rand) is payable on the date of transfer of the Property;

*R2 500 000.00 (two million five hundred thousand Rand) is payable on or before 30 April 2017;

*R1 680 000.00 (one million six hundred and eighty thousand Rand) is payable on the refund by the South African Revenue Service of the VAT component of the Consideration to the Purchaser; and

*R4 500 000.00 (four million five hundred thousand Rand) is payable on or before 30 April 2018.



Effective Date

The effective date of the Sale is 8 March 2017.



Other

The Seller and the Purchaser have each provided warranties that are standard to a transaction of this nature.



Categorisation

Due to its relative size to the market capitalisation of Freedom, the Sale is deemed to constitute a Category 2 transaction under the JSE Listings Requirements.

21-Feb-2017
(Official Notice)
Shareholders are advised that a wholly owned subsidiary of Freedom, Kadoma Investments (Pty) Ltd. (the ?Seller?) has entered into two sale agreements (the ?Sale Agreements?) with Boulder Processing (Pty) Ltd. (the ?Purchaser?) in terms of which the Purchaser will acquire, pursuant to the Erf 1210 sale agreement (the ?Erf 1210 Sale Agreement?), Erf 1210 (Steelpoort Extension 10) in the KT registration division in the Limpopo Province (?Erf 1210?) for a total consideration of R10,000,000 (ten million Rand) and pursuant to the Erf 1212 sale agreement (the ?Erf 1212 Sale Agreement?) a portion of Erf 1212 (Steelpoort Extension 10) in the KT registration division in the Limpopo Province (?Erf 1212?) for a consideration of R3,452,000.00 (three million four hundred and fifty two thousand Rand) in cash (?Cash Consideration?) and collectively referred to as (the ?Sale?).



Conditions Precedent

All conditions precedent to the Sale, including approval by the board of directors of each of the Seller and other than:

- In relation to the Erf 1210 Sale Agreement, the completion of a satisfactory due diligence in relation to Erf 1210 (?Due Diligence?) by the Purchaser by 15 March being 30 calendar days following the date of signature by the Purchaser of the Erf 1210 Sale Agreement;

- In relation to the Erf 1212 Sale Agreement, the rezoning of Erf 1212 and subdivision thereof to create Area B, having same consolidated with a pre-existing subdivision, the removal of certain servitudes related to both and the entering into of a lease agreement between the Seller and the Purchase for certain designated areas of Erf 1212;

- have been fulfilled.



Sale Consideration

The Cash Consideration will be payable to the Seller on the transfer of the Property.
27-Jan-2017
(Official Notice)
15-Dec-2016
(Official Notice)
The board of directors of Freedom (the ?Board?) announces the appointment of Mr Willem Jansen van Rensburg as an executive director of the company with effect from Wednesday, 14 December 2016.



30-Nov-2016
(Official Notice)
Shareholders are advised that the company website details have changed to: www.freedomprop.co.za

12-Oct-2016
(Official Notice)
The board of directors of Freedom announces the appointment of Mr Conrad Sidego as an independent, non-executive director of the company with effect from Monday, 10 October 2016.



06-Sep-2016
(Official Notice)
Shareholders are advised that a wholly owned subsidiary of Freedom, Ivory Sun Trading 115 (Pty) Ltd. (the ?Seller?) has entered into a sale agreement (?Sale Agreement?) with K2016357129 (SOUTH AFRICA) (Pty) Ltd. trading as Global Kingdom Business International (the ?Purchaser?) in terms of which the Purchaser will acquire (the ?Sale?) Erf 5679 (Extension 50) in the district of Kroonstad in the Orange Free State (the ?Property?), for a total consideration of R6 000 000.00 (six million Rand) in cash (?Cash Consideration?).



Conditions Precedent

All conditions precedent to the Sale, including approval by the board of directors of each of the Seller and other than:

- the completion of a satisfactory due diligence (?Due Diligence?) by the Purchaser within 30 business days of the receipt of information relevant to the Due Diligence;

- the raising of a private loan facility (the ?Loan Facility?) by the Purchaser within 30 business days of the satisfactory completion of the Due Diligence; and

- the transfer of the Property from the Seller to the Purchaser, have been fulfilled.



Sale Consideration

The Cash Consideration will be payable to the Seller on the transfer of the Property.
05-Sep-2016
(Official Notice)
Shareholders are referred to the announcement released by Freedom on the Securities Exchange News Service of JSE Ltd. on 11 July 2016, wherein it was advised that a wholly owned subsidiary of Freedom, Clear Creek Trading 145 (Pty) Ltd. (the ?Seller?), had entered into a sale agreement (the ?Second Sale Agreement?) with Garvin Investments Holdings (Pty) Ltd. (the ?Purchaser?) whereby the Purchaser had offered to acquire Portion 18 of Farm 799 (the ?Property?) from the Seller for R15,000,000 (fifteen million Rand) plus valued added tax, if applicable.



Shareholders are hereby advised that the conditions precedent to the Second Sale Agreement were not fulfilled by the requisite dates and hence that the transfer of the Property into the name of the Purchaser did not take place.
23-Aug-2016
(Official Notice)
Further to the announcement released on 11 July 2016, shareholders are advised that Mr Jonathan George has been appointed as the interim Chief Financial Officer (?CFO?) of the Company, with immediate effect.



Resignation of director

Shareholders are further advised that the board of directors of the Company (the ?Board?) has received and accepted the resignation of Mr Nicolaas Johannes Retief as a non-executive director of Freedom, for personal reasons and with immediate effect.
18-Aug-2016
(Official Notice)
Further to the cautionary announcements dated 24 May 2016 and 6 July 2016, shareholders are advised that discussions between the Issuer Regulation Division of JSE Ltd (?JSE?)and Freedom as to whether the sale of all of the issued ordinary share capital and preference share capital in and claims against Ligitprops 184 Pty) Ltd. by Apple Way Props (Pty) Ltd., a wholly owned subsidiary of Freedom, to Hostprops 97 (Pty) Ltd. and LLM Developments (Pty) Ltd, constitutes a related party transaction in terms of paragraph 10.2 of the JSE Listings Requirements and hence whether a circular, including a notice of general meeting, to shareholders detailing the terms of the transaction and actions required by shareholders will be required, are still ongoing.



The JSE?s view may have a material effect on the price of Freedom securities. Accordingly, shareholders are advised to continue to exercise caution when dealing in Freedom securities until a full announcement is made.

11-Jul-2016
(Official Notice)
Shareholders are referred to the announcement released by Freedom on the Securities Exchange News Service (?SENS?) of JSE Limited on 24 February 2016 wherein it was advised that a wholly owned subsidiary of Freedom, Clear Creek Trading 145 (Pty) Ltd. (the ?Seller?) had entered into a sale agreement (the ?First Sale Agreement?) with Garvin Investments Holdings (Pty) Ltd. (the ?Purchaser?) whereby the purchaser had offered to acquire Portion 18 of Farm 799 (the ?Property?) from the Seller, for a total consideration of R22,000,000 (twenty two million Rand) plus valued added tax, if applicable.



Shareholders are hereby advised that the conditions precedent to the First Sale Agreement were not fulfilled by the requisite dates and hence that the transfer of the property into the name of the purchaser by 31 May 2016 did not take place.



Consequent to the non-fulfilment of the conditions precedent to the First Sale Agreement, the company and the purchaser have entered into a new sale agreement (the ?Second Sale Agreement?) whereby the purchaser has offered to acquire the property (the ?Sale?) for R15,000,000 (fifteen million Rand) plus valued added tax if applicable (the ?Consideration?).



Conditions Precedent

All conditions precedent to the sale, including:

*approval by the boards of directors of each of the seller and the purchaser; and *other than the receipt by the seller of confirmation (the ?Confirmation?) that the purchaser has obtained formal approval for a loan that is satisfactory in amount and terms to the board of directors of the purchaser, have been fulfilled.



The confirmation must be presented to the board of directors of the seller on or before 18 July 2016.



Sale consideration

The consideration is payable on demand by the seller no more than 7 (seven) days prior to the anticipated date of transfer of the Property into the name of the purchaser.



Effective date

The effective date of the Second Sale Agreement will be the date of fulfilment (or waiver, as the case may be) of all of the conditions precedent set out in paragraph 4.1 above.



Other

The seller and the purchaser have each provided warranties that are standard to a transaction of this nature.



Categorisation

Due to its relative size to the market capitalisation of Freedom, the sale is deemed to constitute a Category 2 transaction under the JSE Listings Requirements.

11-Jul-2016
(Official Notice)
Shareholders are advised that the company and Mr Jan Francois Pretorius have mutually agreed to terminate Mr Pretorius? employment relationship and contract of employment. As a result, Mr Pretorius will vacate his position as Chief Financial Officer and Executive Director of Freedom with immediate effect. The board of directors of the company is currently considering its options with regards to a successor and details will be announced in due course.



06-Jul-2016
(Official Notice)
Further to the cautionary announcement dated 24 May 2016, shareholders are advised that discussions between the Issuer Regulation Division of JSE Ltd. (?JSE?)and Freedom as to whether the sale of all of the issued ordinary share capital and preference share capital in and claims against Ligitprops 184 (Pty) Ltd. by Apple Way Props (Pty) Ltd., a wholly owned subsidiary of Freedom, to Hostprops 97 (Pty) Ltd. and LLM Developments (Pty) Ltd., constitutes a related party transaction in terms of paragraph 10.2 of the JSE Listings Requirements and hence whether a circular, including a notice of general meeting, to shareholders detailing the terms of the transaction and actions required by shareholders will be required, are still ongoing.



The JSE?s view may have a material effect on the price of Freedom securities. Accordingly, shareholders are advised to continue to exercise caution when dealing in Freedom securities until a full announcement is made.
01-Jul-2016
(Official Notice)
The Johannesburg Stock Exchange ("JSE") advises that the company has failed to comply with the JSE's Listings Requirements by not submitting their provisional financial statements within the three-month period stipulated in the Listings Requirements, the listing of this company?s securities has been suspended with immediate effect.





30-Jun-2016
(Official Notice)
Shareholders are referred to the announcement released on the Stock Exchange News Service of JSE on 31 May 2016, and are advised the Company is not yet in a position to distribute provisional annual financial statements (?Provisional Results?) in respect of its financial year ended 28 February 2016, and in accordance with paragraph 3.17(a), that is within four months of its financial year end.



The delay in the distribution of the Provisional Results is consequent to the unavailability of certain information (?Information?) relating to the period under review, 1 March 2015 to 28 February 2016 (the ?Period Under Review?), and specifically certain transactions that were implemented and accounted for during the 2015 and 2016 financial years of the Company. This Information is required by the Company?s auditor, RSM South Africa, in order to finalise the Provisional Results for release.



The Information has been requested from members of the executive management of the Company for the Period Under Review, the majority of whom have since resigned from their employment with Freedom.



As a result of the Company not being in a position to release the Provisional Results on Thursday, 30 June 2016, trading in the securities of the Company will be suspended by JSE Ltd. (the ?JSE?) with effect from commencement of market on Friday, 1 July 2016. The Company anticipates being in a position to release the Provisional Results within a reasonable period of the Information being received, at which time the Board will request a lifting of the suspension of trading in the Company?s securities from the JSE.



Consequently shareholders are advised to exercise caution when dealing in Freedom securities until a full announcement is made. Shareholders will be updated accordingly.
24-Jun-2016
(Official Notice)
Shareholders are advised that Freedom has transferred responsibility for its transfer secretarial services to Trifecta Capital Services (Pty) Ltd (?Trifecta?) with effect from Monday, 4 July 2016.



24-Jun-2016
(Official Notice)
Shareholders are advised that Panzaweb (Pty) Ltd. (the ?Company?), a wholly owned subsidiary of Freedom, has entered into a sale agreement (?Sale Agreement?) with Bridge City Housing Consortium (Pty) Ltd. (the ?Purchaser?) in terms of which the Purchaser will acquire (the ?Sale?) Portion 1 of Erf 493 La Hoff Township (the ?Property?), for a total consideration comprising R2,400,000 (two million and four hundred thousand Rand) in cash (?Cash Consideration?).



Material terms of the sale agreement

Conditions Precedent

All conditions precedent to the Sale, including approval by the boards of directors of each of the Seller and the Purchaser and other than:

*the completion of a satisfactory due diligence by the Purchaser within 30 calendar days of execution of the Sale Agreement, that is, 21 June 2016; and

*the solvency of the Purchaser having been confirmed and no judgement/s or adverse report/s having been reported against its name, have been fulfilled.



Sale Consideration

The Cash Consideration must be paid to the company or the company?s nominee on or before the date of registration of the Property into the name of the Purchaser or the Purchaser?s nominee, and will be secured by means of a bank guarantee acceptable to Freedom.



Effective Date

The effective date of the Sale Agreement will be the date of fulfilment (or waiver, as the case may be) of all of the conditions precedent set out above.



Other

Freedom and the Purchaser have each provided warranties that are standard to a transaction of this nature.



Categorisation

Due to its relative size to the market capitalisation of Freedom, the Sale is not categorisable in terms of the JSE Listings Requirements and this announcement is made to the shareholders of Freedom for information purposes only.





24-Jun-2016
(Official Notice)
15-Jun-2016
(Official Notice)
Shareholders are referred to the announcement released on the Stock Exchange News Services on 28 April 2016 wherein the company indicated that, subsequent to an urgent application by the company in the Eastern Cape Division, Grahamstown, of the High Court of South Africa (the ?Court?) against, amongst others, certain previous directors of and consultants to the company, and trusts and companies controlled by or associated with them (collectively hereinafter the ?Respondents?) that an interim order had been granted ex parte (that is, without notice to the Respondents) by the Court (the ?Interim Order?) on the same day in favour of the company, with a return day on 9 June 2016 (the ?Return Day?).



Shareholders are hereby advised that the Interim Order was lifted by the Court on the Return Day. Consequently, the Respondents are no longer indicted and restrained from selling or otherwise disposing or encumbering certain properties held by the Respondents.
15-Jun-2016
(Official Notice)
The Johannesburg Stock Exchange (?JSE?) advised that Freedom has failed to submit their provisional reports within the three-month period stipulated in the JSE's Listings Requirements.



Accordingly, the company?s listing on the trading system have been annotated with an "RE" to indicate that the company has failed to submit their provisional reports timeously and that the listing of these company?s securities are under threat of suspension and possible termination. Should the company still fail to submit their provisional reports by 30 June 2016, their listings will be suspended.



This announcement has been placed by the JSE in the interest of shareholders.
14-Jun-2016
(Official Notice)
The board of directors of Freedom announced that it has received and accepted Ms Dominique Nel?s resignation as an executive director and alternate Financial Director of the Company and all subsidiary companies of Freedom with effect from Monday, 13 June 2016. Ms Nel will remain in her position of Group Financial Manager.
31-May-2016
(Official Notice)
Shareholders are hereby advised that the company anticipates that it will release its provisional annual financial results on the Stock Exchange News Service of the JSE on or by 30 June 2016.



24-May-2016
(Official Notice)
05-May-2016
(Official Notice)
Freedom shareholders (?Shareholders?) are hereby advised that at a general meeting of the company held at 10:00 on Thursday, 05 May 2016, at the offices of the company, 24 Peter Place, Lyme Park, Sandton (?General Meeting?), ordinary resolutions numbers 1 and 2 were passed by the requisite majority of votes cast by Shareholders present or represented by proxy and entitled to vote at the General Meeting.
28-Apr-2016
(Official Notice)
Shareholders are advised that on 22 April 2016, an urgent application was brought by the Company in the Eastern Cape Division of the High Court of South Africa in Grahamstown (the ?Court?) against, amongst others, Mr Nagendra Tyrone Govender (a previous director of the Company), and Messrs Graham Stavridis and Clifford Daniell Cawood (each a previous business development service provider to the Company), as well as trusts and companies controlled by or associated with them (collectively hereinafter the ?Respondents?).



An interim order was granted ex parte (that is, without notice to the Respondents) by the Court (the ?Interim Order?) on the same day in favour of the Company, with a return day on 9 June 2016 (the ?Return Day?), which Interim Order interdicts and restrains the Respondents from selling or otherwise disposing or encumbering any shares in or claims against the Company, and selling or otherwise disposing or encumbering certain properties held by the Respondents, pending the Return Day of the Interim Order.



In terms of the Interim Order, the Respondents are entitled to oppose the application on the Return Day, or sooner should they elect to anticipate the Return Day. In addition, shareholders are informed that the Company has executed a settlement agreement with Mr Gerhard Erasmus, a former property development service provider to the Company. The settlement reached under the agreement comprises the payment of a combination of cash and Freedom shares by Mr Erasmus to the Company.



Shareholders will be updated as and when there are further developments.
20-Apr-2016
(Official Notice)
Freedom shareholders (?Shareholders?) are referred to the announcement released dated 24 February 2016, and are advised that the Company posted a circular to Shareholders on Monday, 4 April 2016 (the ?Circular?), the purpose of which was to:

* provide Shareholders with information relating to proposed amendments to the settlement terms of obligations (?Amendments?) emanating from the Guarantee Shares held by the Christo Trust (as set out in the Amendment Agreement concluded on 12 October 2015);

* enable Freedom Shareholders to make an informed decision in respect of the relevant resolutions; and

* convene a general meeting at which Shareholders will be requested to vote on the resolutions to approve the Amendments (?General Meeting?).



Any terms not defined in this announcement are as set out in the Circular.



Notice General Meeting

The General Meeting will be held at, Freedom?s Offices, 24 Peter Place, Lyme Park, Bryanston, Gauteng on Thursday, 5 May 2016, commencing at 10:00, to consider the resolutions required to effect the Amendments.



Salient dates and times

The salient dates and times relating to the Amendments are set out below:

*Record date on which Freedom Shareholders must be recorded in the Company's securities register in order to be entitled to receive notice of the General Meeting -- Thursday, 24 March 2016

*Circular posted to Freedom Shareholders on Monday, 4 April 2016

*Last date to trade Freedom ordinary shares in order to be eligible to participate and vote at the General Meeting -- Friday, 15 April 2016

*Record date on which Freedom Shareholders must be recorded in the Company's securities register in order to be entitled to participate in and vote at the General Meeting -- Friday, 22 April 2016

*Forms of proxy for the General Meeting to be received by 10:00 on Tuesday, 3 May 2016

*General Meeting to be held at 10:00 on Thursday, 5 May 2016

*Results of the General Meeting released on SENS on Thursday, 5 May 2016



The forms of proxy for the General Meeting date is Tuesday 3 May 2016. This takes precedence to what is stated in the Circular as Monday 2 May 2016 given this would be a public holiday.
23-Mar-2016
(Official Notice)
In compliance with paragraph 2.6 (b) of the Listings Requirements of JSE Ltd, consequent to the change in composition of the board of directors of the company, shareholders are advised that Bravura Capital (Pty) Ltd has replaced KPMG Services (Pty) as JSE sponsor to the company with effect from 1 April 2016.





25-Feb-2016
(Official Notice)
Freedom shareholders (?Shareholders?) are referred to the SENS announcements released on 14 January 2016 regarding the appointment of directors to the board of Freedom (?Board?) stating that the composition and membership of the board committees would be advised at a later date.



Composition of the board committees

Freedom now advises shareholders that effective from the 25 February 2016, the members of the board committees are as follows:



Audit - Risk Committee

Dr.Phillip Dexter (Chairman)

Mr. Willem Grobbelaar

Mr. Nicolaas Retief.



Remuneration Committee

Mr. Nicolaas Retief (Chairman)

Dr. Phillip Dexter

Mr. Willem Grobbelaar



Social - Ethics Committee

Mr. Hugo Lambrechts (Chairman)

Dr. Phillip Dexter

Mr. Nicolaas Retief

24-Feb-2016
(Official Notice)
21-Jan-2016
(Official Notice)
Freedom shareholders (?Shareholders?) are referred to the SENS announcements released on 17 December 2015, 14 January 2016 and 20 January 2016 (?Announcements?) regarding changes to the board of Freedom (?Board?).



Resignations from the board

Shareholders were advised in the announcements that the following director has resigned from the board and that the effective date of such resignation would be announced in due course:

*Mr. Moss Molefi

Shareholders are advised that the effective date of this resignation is 20 January 2016.





20-Jan-2016
(Official Notice)
Freedom shareholders (?Shareholders?) are referred to the SENS announcements released on 17 December 2015 and 14 January 2016 (?Announcements?) regarding changes to the board of Freedom (?board?).



Resignations from the board

Shareholders were advised in the Announcements that the following directors had resigned from the board and that the effective date of such resignations would be announced in due course:

* Mr. Sean Rule; and

* Mr. WH (Billy) Rule

Shareholders are advised that the effective date of these resignations is 18 January 2016.



Furthermore, Mr. Wayne Stocks has tendered his resignation, with effect from 18 January 2016, from the board to enable himself to devote his full attention to his business interests.
14-Jan-2016
(Official Notice)
Freedom shareholders (?Shareholders?) are referred to the SENS announcements released on 17 December 2015 regarding the appointment of directors to the board of Freedom (?Board?) subject to all procedures, background checks and qualification checks being completed.



Appointments

Freedom now advises Shareholders that the abovementioned checks have been completed and that the following members have been appointed to the Board with immediate effect.

- Mr. Steven Maritz ? Chief Executive Officer

- Mr. Hugo Amos Lambrechts ? Non-Executive Director

- Miss. Dominique Nel ?Executive Director and Alternate Financial Director

- Mr. Nicolaas Johannes Retief ? Independent Non-Executive Director



The composition and membership of the Board committees will be advised at a later stage. The Freedom Board welcomes the appointment of the above directors and looks forward to their invaluable contributions. A further announcement detailing the resignation dates of the Directors that will be stepping down, as per the previous announcement of 17 December 2015, will be released in due course.
12-Jan-2016
(Official Notice)
17-Dec-2015
(Official Notice)
02-Dec-2015
(Official Notice)
Freedom shareholders (?Shareholders?) are hereby advised that at a general meeting of the company held at 10:00 on Wednesday, 02 December 2015, at the Bryanston Country Club, 63 Bryanston Drive, Bryanston (?General Meeting?), ordinary resolutions numbers 1 and 4 as well as special resolution number 1 were passed by the requisite majority of votes cast by Shareholders present or represented by proxy and entitled to vote at the General Meeting. Ordinary resolutions 2 and 3 failed.
30-Nov-2015
(C)
Revenue from continuing operations lowered to R25.3 million (2014: R34.3 million), gross profit rose to R17.4 million (2014: R14.1 million), loss for the period from continuing operations was recorded at R85.3 million (2014: profit of R386.2 million), while headline loss per share from continuing operations was 0.59)cps (2014: earnings of 0.54cps).



Prospects

The period, since 28 February 2015, has proven to be a challenging one. When one considers Freedom?s strategic objectives, liquidity in the trading of Freedom shares has continued, albeit that the share has traded at a large discount to Freedom?s NAV. This was largely the result of certain vendors who sold their properties to Freedom on listing for Freedom shares realising the opportunity for creating liquidity through trading of their shares. This has been further compounded by the market?s apparent assessment of the valuation of Freedom with the current market capitalisation of the Company inferring that the valuation is derived from the income producing assets and completely discounting the significant portfolio of remaining assets which were acquired by Freedom for development. It is management?s view that this will change as projects are successfully delivered and the Group returns to profitability.



On the positive side new investors have continued to realise the opportunity to invest at the discounted levels, resulting in an ever expanding investor base. Freedom is well positioned to operate in the low to mid-tier income sector due to its strategic land holdings. In developing the Company?s land and providing rental units to the sectors identified, Freedom?s vision is to address challenges currently being faced in the South African residential market. These challenges include the lack of supply and delivery of homes to the low to mid-tier income sector while growing the Company?s income producing assets.
30-Nov-2015
(Official Notice)
Shareholders are referred to the results published by Freedom for the six months ending 31 August 2014 on 24 November 2014 (?the Previous Period?).



Shareholders are hereby advised that a reasonable degree of certainty exists that the Company will report an attributable loss per share of between 9 cents and 10 cents for the six months ended 31 August 2015, being a decrease of between 120.1.% and 122.4%compared to the attributable earnings per share of 44.73 cents published for the Previous Period. Shareholders are further advised that a reasonable degree of certainty exists that the Company will report headline loss per share of between 0.39 cents and 0.41 cents for the six months ended 31 August 2015, being a decrease of between 167.2% and 170.7%compared to the headline earnings per share of 0.58 cents published in the Previous Period.



These losses must be compared to the forecast of earnings per share of 1.68 cents per share and headline earnings per share of R1.68 cents for the year ending 28 February 2016, as contained in the Supplementary Circular to the Pre-Listing statement issued on 5 June 2014.



The financial information on which this trading statement is based has not been reviewed and reported on by Freedom?s auditor. The financial results for the six months ended 31 August 2015 are expected to be published on or about Monday, 30 November 2015.





27-Nov-2015
(Official Notice)
Shareholders are referred to the results published by Freedom for the six months ending 31 August 2015 on 24 November 2014 (?the Previous Period?).



Shareholders are hereby advised that a reasonable degree of certainty exists that the company will report an attributable loss per share of between 9 cents and 10 cents for the six months ended 31 August 2015, being a decrease of between 120.1.% and 122.4% compared to the attributable earnings per share of 44.73 cents published for the Previous Period. Shareholders are further advised that a reasonable degree of certainty exists that the company will report headline loss per share of between 0.39 cents and 0.41 cents for the six months ended 31 August 2015, being a decrease of between 167.2% and 170.7% compared to the headline earnings per share of 0.58 cents published in the Previous Period.



These losses must be compared to the forecast of earnings per share of 1.68 cents per share and headline earnings per share of R1.68 cents for the year ending 28 February 2016, as contained in the Supplementary Circular to the Pre-Listing statement issued on 5 June 2015.



The financial results for the six months ended 31 August 2015 are expected to be published on or about Monday, 30 November 2015.
27-Nov-2015
(Official Notice)
In terms of the Listings Requirements of the JSE Ltd., a listed company is required to publish a trading statement as soon as it becomes aware that the financial results for the financial period to be reported on next will vary by 20% or more from those of the previous comparable period.



Shareholders are referred to the results published by Freedom for the six months ending 31 August 2015 on 24 November 2015 (?the Previous Period?).



Shareholders are hereby advised that a reasonable degree of certainty exists that the Company will report an attributable loss per share of between 9 cents and 10 cents for the six months ended 31 August 2015, being a decrease of between 120.1.% and 122.4%compared to the attributable earnings per share of 44.73 cents published for the Previous Period. Shareholders are further advised that a reasonable degree of certainty exists that the Company will report headline loss per share of between 0.39 cents and 0.41 cents for the six months ended 31 August 2015, being a decrease of between 167.2% and 170.7%compared to the headline earnings per share of 0.58 cents published in the Previous Period.



These losses must be compared to the forecast of earnings per share of 1.68 cents per share and headline earnings per share of R1.68 cents for the year ending 28 February 2016, as contained in the Supplementary Circular to the Pre-Listing statement issued on 5 June 2015.



The financial information on which this trading statement is based has not been reviewed and reported on by Freedom?s auditor. The financial results for the six months ended 31 August 2015 are expected to be published on or about Monday, 30 November 2015.
26-Nov-2015
(Official Notice)
24-Nov-2015
(Official Notice)
Shareholders are advised that due to personal circumstances, Mr. Tyrone Govender (?Mr. Govender?), Chief Executive Officer (?CEO?) of the Group, resigned with immediate effect as of 23 November 1015. In terms of his service contract, Mr. Govender will remain in the position for the sixty day notice period until 23 January 2015.



Mr. Govender has indicated his willingness to assist, on an ad-hoc basis, after the expiration of his notice period until such time as a new CEO is appointed. The board is currently evaluating its position with regard to the appointment of a new CEO and has indicated their continued support for the appointment of an experienced and industry relevant CEO who complies with the requirements of the Company Memorandum of Incorporation, the Companies Act, act 71 of 2008, and the JSE Listing Requirements. A formal announcement in this regard will be made in due course.
20-Nov-2015
(Official Notice)
Further to the cautionary announcement released on the Stock Exchange News Service of the JSE on 15 October 2015, Freedom?s shareholders are advised that the Company is still awaiting regulatory approval of the revised settlement with the Christo Trust, which may have a material effect on the price of the company?s securities.



Accordingly, shareholders are advised to continue to exercise caution when dealing in the Company's securities until a further announcement is made regarding the potential pro forma financial effects in relation to the Christo Trust Agreement.
04-Nov-2015
(Official Notice)
Freedom shareholders (?Shareholders?) are referred to the SENS announcement released on 15 October 2015 regarding the notification that a circular to Shareholders incorporating the terms of the Specific Issue of Shares for Cash, the adoption of the Freedom Long Term Incentive Plan and a notice convening a General Meeting of Shareholders is being prepared and will be posted to Shareholders.



Shareholders are hereby advised that the Circular has been posted to shareholders and a General Meeting of Shareholders has been convened in the Douglas Room of the Bryanston Country Club on 10h00 on 2 December 2015. The circular will be available on the Freedom website in due course.
15-Oct-2015
(Official Notice)
25-Sep-2015
(Official Notice)
Shareholders are hereby advised that PSG Capital (Pty) Ltd. has resigned as the sponsor to the Company with effect from 30 September 2015. The Company has appointed KPMG as its new sponsor with effect from 1 October 2015.
31-Aug-2015
(Official Notice)
Shareholders are hereby advised that at the annual general meeting of the Company held at 16:00 on Friday, 28 August 2015, at the Bryanston Country Club, 63 Bryanston Drive, Bryanston (?Annual General Meeting?), ordinary resolutions numbers 2 to 4, 6.1 and 6.2 were passed by the requisite majority of votes cast by Freedom shareholders present or represented by proxy and entitled to vote at the Annual General Meeting.
11-Aug-2015
(Official Notice)
29-Jul-2015
(Official Notice)
25-May-2015
(C)
22-May-2015
(Official Notice)
Shareholders are referred to the forecast published by Freedom for the year ending 28 February 2015 in its pre-listing statement dated 5 June 2014 and its supplementary pre-listing statement dated 5 June 2014 (?the Profit Forecast?).



Shareholders are hereby advised that a reasonable degree of certainty exists that the Company will report attributable earnings per share of between 57 cents and 59 cents for the year ended 28 February 2015, being an increase of between 317.6% and 332.2% as opposed to the attributable earnings per share of 13.65 cents published in the Profit Forecast. Shareholders are further advised that a reasonable degree of certainty exists that the Company will report headline earnings per share of between 1.48 cents and 1.51 cents for the year ended 28 February 2015, being an increase of between 32.1% and 34.8% as opposed to the headline earnings per share of 1.12 cents published in the Profit Forecast.



The financial results for the year ended 28 February 2015 are expected to be published on or about Monday, 25 May 2015.
13-May-2015
(Official Notice)
Shareholders are referred to the SENS announcement released by the Company on 11 May 2015, in which it was announced that Dr Nakedi Mathews Phosa (?Dr Phosa?) has been appointed as an independent non-executive director of the Company with effect from 11 May 2015.



Subsequent to the acceptance of the directorship and the announcement on 11 May 2015, Dr Phosa advised Freedom that it had been brought to his attention that, as a result of a conflict of interest, Dr Phosa was unable to serve as a director of the Company. Accordingly, and in compliance with paragraph 3.59(b) of the Listings Requirements of the JSE, shareholders of the Company are hereby advised that Dr Phosa has resigned as an independent non-executive director of the Company, with effect from 12 May 2015.
11-May-2015
(Official Notice)
In compliance with paragraph 3.59(a) of the Listings Requirements of the JSE Ltd., shareholders of the Company are hereby advised that Dr Nakedi Mathews Phosa (?Dr Phosa?) has been appointed as an independent non-executive director of the Company, with effect from 11 May 2015.



Dr Phosa, an attorney by profession, opened the first black law practice in 1981 in Nelspruit. In 1994 he was appointed as the premier of Mpumalanga Province and in 2007 he was elected as the Treasurer-General of the ANC, which position he held until 2012. Dr Phosa currently serves as a director on the boards of various listed and unlisted companies.



In line with Freedom?s vision the Board is confident that Dr Phosa?s wealth of experience and insight will be invaluable in executing its strategy.
05-Feb-2015
(Official Notice)
14-Jan-2015
(Official Notice)
Further to the cautionary announcement released on the Stock Exchange News Service of the JSE on 26 November 2014, Freedom?s shareholders are advised that the company is still in negotiations, which if successfully concluded, may have a material effect on the price of the company's securities.



Accordingly, shareholders are advised to continue to exercise caution when dealing in the company's securities until a further announcement is made.
26-Nov-2014
(Official Notice)
Further to the cautionary announcement released on the Stock Exchange News Service of the JSE on 15 October 2014, Freedom's shareholders are advised that the company is still in negotiations, which if successfully concluded, may have a material effect on the price of the company's securities.



Accordingly, shareholders are advised to continue to exercise caution when dealing in the company's securities until a further announcement is made.
24-Nov-2014
(C)
21-Oct-2014
(Official Notice)
Shareholders of the Company are advised that Mr Richard Eaton ("Mr Eaton") has resigned as the Chief Financial Officer and the Financial Director of the Company with effect from 17 October 2014 and that Mr Jan Francois (Franky) Pretorius ("Mr Pretorius") has been appointed as the new Chief Financial Officer and the Financial Director of the Company, with effect from the same date.



Mr Eaton will, however, continue to serve the Company as a non-executive director with effect from 17 October 2014.
15-Oct-2014
(Official Notice)
02-Sep-2014
(Official Notice)
Further to the cautionary announcement released on the Stock Exchange News Service of the JSE on 22 July 2014, Freedom's shareholders are advised that the Company is still in negotiations, which if successfully concluded, may have a material effect on the price of the Company's securities. Accordingly, shareholders are advised to continue to exercise caution when dealing in the Company's securities until a further announcement is made.
22-Jul-2014
(Official Notice)
Shareholders are advised that Freedom has entered into negotiations, which if successfully concluded, may have a material effect on the price of the company's securities.



Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a further announcement is made.



Assessment and adoption of Black Economic Empowerment ("BEE") share participation scheme

During a meeting of the Freedom board of directors held on Friday, 18 July 2014, it was resolved that executive management should proceed with the assessment and adoption of a BEE share participation scheme, which will result in ownership of ordinary shares in Freedom by previously disadvantaged individuals through a BEE structure.



The details of the BEE share participation scheme will be presented to Freedom shareholders for approval in due course.



Correction to pre-listing statement ("PLS")

Shareholders' are referred to the PLS of the company issued on 5 June 2014 and are advised that the formulas set out in paragraph 5.2.4 - Guarantee Shares contained an error. The formulas reflected are utilised to calculate the possible payment to the vendors under the Guarantee Shares and incorrectly reflected the number of shares to which the potential top up payment relates as 67 000 and 33 000 shares for the Christo Trust and Lafras Trust and should have reflected 67 000 000 and 33 000 000 shares for the Christo Trust and Lafras Trust, respectively. Accordingly the correct formula is as follows:



Formula for the Christo Trust P = 67 000 000 x (RP - V) and Formula for the Lafras Trust P = 33 000 000 x (RP - V)



The remainder of the information relating to the Guarantee Shares contained in paragraphs 5.2.3 and 5.2.4 of the PLS has been reflected correctly. The incorrect formulas understate the potential top up payments made to vendors under the Guarantee Shares.



Notwithstanding the aforementioned, shareholders are advised that the acquisition agreements that were available for inspection, as set out in paragraph 34 of the PLS contain the correct formula as set out above.
27-Oct-2015
(X)
Freedom is a capital growth fund which was formed in 2012 and listed on the JSE main board on 12 June 2014. At the listing date Freedom retained a diverse portfolio of strategically acquired properties across all primary sectors of the industry, namely commercial, industrial and predominantly residential, which held a combined value of approximately R1.5 billion.



Freedom?s market capitalisation at 28 February 2015 was R390 million and its total property value was R1.67 billion with many value adding developments still in progress at year-end. It is also important to note however, that Freedom made strategic disposals through this period which lessened portfolio growth and allowed for capital to develop other key projects.



The highly experienced management team has strategically developed a geographically diversified R10 billion pipeline with proposed acquisitions that will add to this value frequently.


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