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FORTRESS INCOME FUND LIMITED - Rights offer finalisation announcement

Release Date: 13/05/2014 10:00
Code(s): FFB FFA     PDF:  
Wrap Text
Rights offer finalisation announcement

FORTRESS INCOME FUND LIMITED
(Incorporated in the Republic of South Africa)
Registration number 2009/016487/06
JSE share codes: FFA   ISIN: ZAE000141313
                 FFB   ISIN: ZAE000141321
(Approved as a REIT by the JSE)
(“Fortress” or “the company”)


RIGHTS OFFER FINALISATION ANNOUNCEMENT


Linked unitholders are referred to the announcement released on SENS on Friday, 9 May 2014 in respect of the rights
offer by Fortress (“the rights offer”) in terms of which:

-   Fortress A linked unitholders will be offered a total of 43 856 417 Fortress A linked units at an issue price of
    R13.90 each in the ratio of 11.52800 new Fortress A linked units for every 100 Fortress A linked units held by
    them on Friday, 23 May 2014; and

-   Fortress B linked unitholders will be offered a total of 43 856 417 Fortress B linked units at an issue price of
    R8.90 each in the ratio of 11.52800 new Fortress B linked units for every 100 Fortress B linked units held by
    them on Friday, 23 May 2014,

(collectively, “the rights offer linked units”).

Linked unitholders are advised that the rights offer is unconditional and accordingly the rights offer may now be
implemented.

The salient dates and times of the rights offer will be the same as those published in the announcement released on
SENS on Friday, 9 May 2014 and published in the press on Monday, 12 May 2014.

Linked unitholders may commence trading in the rights offer linked units on Monday, 2 June 2014.

13 May 2014


Corporate advisor, legal advisor and sponsor
Java Capital
Date: 13/05/2014 10:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.